“SPPU Research Park Foundation, under the Startup India Seed Fund Scheme, has implemented and disbursed seed funding to early-stage startups. Approximately ₹3 crore has been distributed to support product development, validation, and market entry across multiple ventures. This initiative has played a critical role in strengthening the startup ecosystem by enabling innovation-driven enterprises to scale their ideas. The funding support has also contributed to job creation, technology commercialization, and the overall growth of entrepreneurship.”

A nodal government agency to boost innovation-driven entrepreneurial ecosystem in the state of Maharashtra.

Established under Department of Skill Development and Entrepreneurship, Government of Maharashtra, the society aims to foster innovative approaches and create conducive environment for innovative businesses to operate in Maharashtra.  

Under the aegis of Maharashtra State Innovative Startup Policy 2018, released in February 2018, the team at Maharashtra State Innovation Society is driving various initiatives to provide support at multiple levels to the startup ecosystem.

Campus years are treasured by graduates long after they leave the hallowed portals of their universities. Not only does that time shape their thinking, this phase allows young minds to open up, to understand the path they want to take, and sometimes, more importantly, the road they don’t want to follow.

With that at the very core, the Rashtriya Uchchatar Shiksha Abhiyan, a centrally sponsored programme, aims to work with 300-plus state universities and its affiliated colleges to raise the bar of campus life.

Launched in 2013, the RUSA aims at providing strategic funding to eligible state higher educational institutions. The central funding (in the ratio of 60:40 for general category states, 90:10 for special category states and 100% for union territories) is based on norms and is outcome dependent.

Funds flow from the central ministry through the state governments/union territories to the State Higher Education Councils before reaching the identified institutions. Funding to states would be made on the basis of the critical appraisal of State Higher Education Plans, which would enlist each state’s strategy to address issues of equity, access and excellence in higher education.

RUSA places greater emphasis on the improvement of the quality of teaching-learning processes in order to produce employable and competitive graduates, post-graduates and PhDs. Spread across two plan periods (XII and XIII), the programme focuses on state higher educational institutions and draws upon the best practices from colleges and universities across the nation.

In short, RUSA isn’t a touch-up tint of paint .It is the central government’s plan to develop every state university to its most exemplary version

The All India Council for Technical Education (AICTE) has provided seed funding of ₹3 lakhs to early-stage startups through SPPU Research Park Foundation (SPPU RPF). SPPU RPF has acted as the implementing and disbursing agency, supporting startups in product development, validation, and market entry. This initiative has contributed to strengthening the startup ecosystem by enabling innovation-driven ventures to grow and scale. The program has also promoted entrepreneurship development and technology commercialization

Dr. Babasaheb Ambedkar Research and Training Institute has provided seed funding to early-stage startups through SPPU Research Park Foundation. SPPU RPF has acted as the implementing and disbursing agency, supporting startups in product development, validation, and market entry. This initiative has contributed to strengthening the startup ecosystem by enabling innovation-driven ventures to grow and scale. The program has also supported entrepreneurship development and technology commercialization.”

Sarathi, through SPPU Research Park Foundation (SPPU RPF), has provided seed funding of ₹18 lakhs in the form of 10 fellowships to support early-stage startups. Acting as the implementing and disbursing agency, SPPU RPF has helped startups in product development, validation, and market entry. This initiative has strengthened the startup ecosystem by enabling innovation-driven ventures to scale and grow, while also promoting entrepreneurship and technology commercialization