MATRIX: Maharashtra Technology, Research Incubator and Xcelerator Scheme 2025
The MATRIX scheme under the Maharashtra IT & ITeS Policy 2023 provides highly subsidized incubation spaces in IT Parks to promote emerging technology startups. It caps incubator rent at 10% of the highest IT Park rent, general startup rent at 25%, and SC/ST/Women-led startup rent at 12.5%, alongside a 100% maintenance fee exemption. The program targets the creation of 200 incubation centers to support 10,000 startups over a 5-year operative period.
Key Summary
- Ministry / Authority
- Department of Industries, Energy, Labour and Mining, Government of Maharashtra
- Incentive Type
- Subsidized incubation space, rent concessions, and infrastructure support
- Incentive Rate
- Incubator rent capped at 10% of IT Park highest rent; General startup rent capped at 25%; SC/ST/Women startup rent capped at 12.5%; 100% maintenance fee exemption; Utilities on actual pro-rata basis
- Min. Investment
- —
- Application Deadline
- Open
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- Eligibility — eligible sectors & entities
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