Incubation Scheme

by
Ministry Of Micro, Small and Medium EnterprisesCentral GovernmentBusiness & Entreurprneurship Capital Support Financial Support Plant And Machinery
  • Scheme For: Infra
  • Nodal Ministry: Ministry Of Micro, Small and Medium Enterprises
  • Categories: Business & Entrepreneurship
  • Tags: Capital Support, Plant And Machinery, Financial Support, Business & Entreurprneurship

Incubation Scheme aims to promote and support untapped creativity and to promote adoption of latest technologies in MSMEs that seek the validation of their ideas at the proof-of-concept level.

Incubation Scheme - Introduction

Launched by the Ministry of Micro, Small & Medium Enterprises, Incubation Scheme Under MSME Innovative Scheme aims to promote and support untapped creativity and to promote adoption of latest technologies in MSMEs that seek the validation of their ideas at the proof-of-concept level. The scheme also supports engagement with enablers who will advise such MSMEs in expanding the business by supporting them in design, strategy and execution.

Activities:

  • Recognition of eligible institutions as Host Institute (HI) to act as Business Incubator (BI);
  • Approval of Ideas of Incubatees submitted through Host Institute (HI);
  • Assistance for nurturing of Ideas to HI;
  • Assistance towards Capital Support to HI for Plant and Machiner.

Benefits

  • Up to a maximum of ₹ 15,000/- per idea shall be provided to HI for developing and nurturing the ideas.
  • Up to ₹ 1,00,000/- (max) shall be provided to HI for procurement and installation of relevant plant and machines including hardware and software etc. in BI for R&D activities and common facilities for incubatees of BI.

Eligibility

  • Institutions such as Technical Colleges, Universities, other Professional Colleges/Institutes, R&D Institutes, NGOs involved in incubation activities, MSME-DIs/ Technology Centres or any Institute/Organization of Central/State Government.

Application Process

  • Registration:
  • Step 01: After opening the my.msme.gov.in click on REGISTRATION button.
  • Step 02: Enter all the details and click on Submit button.
  • Step 03: After clicking the submit button, a registration successful message will be displayed. Clicking on OK button, the login window will be displayed.
  • HI/BI Application for Approval:
  • Step 01: After successful login, the HI/BI dashboard will open. The HI/BI application will open by clicking on Apply for HI/BI Approval button. After clicking on the button, the Apply button will be displayed.
  • Step 02: After clicking on the Apply button, the HI/BI application window will be displayed, fill all the details and click on Final Submit button.

Downloads & Media

EXTERNAL LINK
Guidelines
PDF
FAQs
EXTERNAL LINK
User Manual
EXTERNAL LINK
List Of Host Institute (HI)