
MSME Business Incubation (MSME – BI)
Support for Entrepreneurial and Managerial Development of SMEs through Incubators Program is a component of the National Manufacturing Competitiveness Programme (NMCP) launched by the Ministry of Micro, Small & Medium Enterprises (MSME), Government of India.
The Scheme provides opportunity to the innovators in developing and nurturing their new innovative ideas for the production of new innovative products which can be sent in to the market for commercialization.
Innovative Idea/Startups/SMEs can receive grant up to Rs 6.25 lakhs and further possible financial assistance up to Rs 15 lakhs.