Overview
- The programme will roll out nearly 200 centres with about 15 lakh sq ft of space across the state, extending into Tier‑II and Tier‑III cities.
- The government targets support for roughly 10,000 startups over five years with projections of Rs 1 lakh crore in investment and about 1 lakh jobs.
- Startups will pay up to 25% of the highest IT park rent, reduced to 12.5% for women and SC/ST-led ventures, under a non‑profit‑no‑loss model.
- Incubators must file biannual progress reports and face periodic reviews, with oversight by the Directorate of Industries and a dedicated MATRIX Steering Committee.
- Four incubation models—hub‑and‑spoke, collaborative, cluster‑based and standalone—are open to universities, research bodies, recognised incubators, non‑profits and corporate-backed centres, with focus areas spanning AI, robotics, biotech, fintech, green tech and more.