Language:English

Schemes

Entrepreneurial and Managerial Development of SMEs through Incubators
Ministry/Department Ministry of MSME
Scheme Name Entrepreneurial and Managerial Development of SMEs through Incubators
Component Entrepreneurship development Technology
Sub Component Finance Grant
Applicant Individual or MSME with innovative ideas ready for commercialization can apply to the host institution (e.g., IITs, NITs, technical colleges, research institutes, etc.) in order to obtain fund support
Quantum of Assistance (in Brief)

Funding support for setting up of ‘Business Incubators (BI)’

The cost may vary from Rs.4 to 8 lakh for each incubatee/idea, subject to overall ceiling of Rs.62.5 lakh for each BI.

Upgradation of infrastructure Rs.2.50 lakh

Orientation/training Rs.1.28 lakh

Administrative expenses Rs.0.22 lakh

Link for Detail http://www.dcmsme.gov.in/schemes/incubator.htm