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Central Schemebusiness-entrepreneurship

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.

Ministry / Department
Ministry Of Micro, Small and Medium Enterprises
Level
Central
Benefit type
cash
Last verified: Recently

What is 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.

Benefit
- 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.
Level
Central
Ministry / Dept.
Ministry Of Micro, Small and Medium Enterprises
Benefit type
cash
Key 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.
Last verified
Recently

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.

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.Area: IndiaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Registration:

    2. Step 2: Online application — step 2

      Step 01: After opening the official website click on REGISTRATION button.

    3. Step 3: Online application — step 3

      Step 02: Enter all the details and clicking on Submit button.

    4. Step 4: Online application — step 4

      Step 03: After clicking the submit button, registration successfully message will be displayed. Clicking on OK button, login window will be displayed.

    5. Step 5: Online application — step 6

      HI/BI Application for Approval:

    6. Step 6: Online application — step 7

      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.

    7. Step 7: Online application — step 8

      Step 02: After click on Apply button, HI/BI application window will be display, fill all the detail and click on Final Submit button.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website