Incubation Scheme
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.
About the Incubation Scheme Scheme
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.
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Benefits
- Up to maximum of ₹ 15,000,00 /-per idea shall be provided to HI for developing and nurturing the ideas.
- Up to ₹ 1,00,000,00 /- (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.
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Eligibility Criteria
- 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.
How to Apply for Incubation Scheme
Application mode: Online
> Registration:
Step 01: After opening the official website click on HI REGISTRATION button.
Step 02: Enter all the details and clicking on Submit button.
Step 03: After clicking the submit button, registration successfully message will be displayed. Clicking on OK button, login window will be displayed.
> HI/BI Application for Approval:
Step 01: After successful login, the HI/BI dashboard will be open. HI/BI application will be open by clicking on Apply for HI/BI Approval button. After clicking on button Apply button will be displayed.
Step 02: After click on Apply button, HI/BI application window will be display, fill all the detail and click on Final Submit button.
> User Manual: Click here.
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Exclusions
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Frequently Asked Questions
What is the Incubation Scheme scheme?
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 p…
Who is eligible for Incubation Scheme?
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.
What benefits does Incubation Scheme provide?
Up to maximum of ₹ 15,000,00 /-per idea shall be provided to HI for developing and nurturing the ideas. Up to ₹ 1,00,000,00 /- (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 f…
How can I apply for Incubation Scheme?
Registration: Step 01: After opening the official website click on HI REGISTRATION button. Step 02: Enter all the details and clicking on Submit button. Step 03: After clicking the submit button, registration successfully message will be displayed. Clicking on OK button, login window will be displa…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
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