Scheme for Support for Entrepreneurial and Managerial development of SME through Incubators

Ministry of Micro,Small &Medium Enterprises,Govt of India has come up with a Scheme for Support for Entrepreneurial and Managerial development of SMEs through Incubators.This is a National Manufacturing Competitiveness Programme (NMCP) Scheme.

Objectives:

• To promote emerging technological and knowledgebased innovative ventures that seek the nurturing of ideas from professionals beyond the traditional activities of Micro, Small & Medium Enterprises (MSMEs)
• To provides early stage funding for nurturing innovative business ideas (new indigenious technology, processes, products, procedure etc.) which could be commercialized in a year.

Eligibility:

Any individual or MSME having innovative idea near commercialization can apply to the host institution (e.g. (IITs , NITs, Technical colledges,reaearch institutes etc ). The host Institutions can apply to office of DC-MSME or their nearest DIs for application.

Benefits:

Funding support for infrastructure development and pilot projects will be provided.

How to Apply:

• If you are an individual or MSME, contact your nearest host institution.
• If you are a host institution you can apply online or else you can contact your near MSME-DI to apply.

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