• funding support up to Rs. 15 lakhs for development of innovative ideas in to commercial products
• Seed funding support up to Rs. 100 lakhs for setting up new units for commercialization of successful innovative ideas
Scheme applicable for
Any individual or MSME with innovative ideas ready for commercialization can apply to the host institution (e.g., IITs, NITs, technical colleges, research institutes, etc.
How to apply
For more details:
Contact: Sh Vinamra Mishra,Director
The main objective of the scheme is to promote & support untapped creativity of
individual and to promote adoption of latest technologies in manufacturing as well as
Knowledge based innovative MSMEs (ventures) 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. The Enablers will play a pivotal role and would be integral part of the business development.