Rajasthan Investment Promotion Scheme (RIPS) 2024 is a grant from Department of Industries & Commerce, Government of Rajasthan (RajNivesh) for new and expanding MSMEs, startups (Bronze or higher QRate) and larger manufacturing and service units investing in Rajasthan. It provides Up to ₹5 Cr. Applications are currently open.
Key facts
| Amount / benefit | Up to ₹5 Cr |
|---|---|
| Provider | Department of Industries & Commerce, Government of Rajasthan (RajNivesh) |
| Where | Rajasthan |
| Stage | Early Revenue, Growth, Scale |
| Deadline | Applications open |
What is Rajasthan Investment Promotion Scheme?
Rajasthan Investment Promotion Scheme (RIPS) 2024 — MSMEs: reimbursement of 75% of State tax for 10 years plus 3-6% interest subvention for 7 years; startups (QRate Bronze+) get dedicated incentives; MSME and startup incentives each capped at ₹5 crore a year — New and expanding MSMEs, startups (Bronze or higher QRate) and larger manufacturing and service units investing in Rajasthan; apply for an Entitlement Certificate before claiming. It is run by Department of Industries & Commerce, Government of Rajasthan (RajNivesh).
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for Rajasthan Investment Promotion Scheme?
New and expanding MSMEs, startups (Bronze or higher QRate) and larger manufacturing and service units investing in Rajasthan; apply for an Entitlement Certificate before claiming. Not for: Investments made before the scheme launch (they stay under RIPS 2022/2019)..
How much does Rajasthan Investment Promotion Scheme give, and in what form?
Up to ₹5 Cr.
Frequently asked questions
What kind of support is this?
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan.
Who runs this programme?
Rajasthan Investment Promotion Scheme (RIPS) 2024 is offered by Department of Industries & Commerce, Government of Rajasthan (RajNivesh). Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
Browse similar grant programmes. See all rajasthan startup and msme schemes. CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.