Key Benefits

• 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: http://www.dcmsme.gov.in/schemes/Incubator-Guidelines-CLCS-TUS-2019-2020.pdf
To apply:https://my.msme.gov.in/inc/
Contact: Sh Vinamra Mishra,Director
Email: vinamra.mishra@gov.in
Ph.: 23061756

Objectives

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.

Approved Idea under Incubation Scheme