Finance, Motivations, News

Support for SMEs through Incubators

Government of India – Development Commissioner(MSME) – Ministry of Micro, Small & Medium Enterprises

Scheme for Providing Support for
“Entrepreneural and Managerial Development of SMEs through Incubators”


About the Scheme: The scheme provides early stage funding for nurturing innovative business ideas (new/ingenious technology, processes, products. procedures, etc.), which could be commercialized in a year.

Level of Funding: About Rs.66.28 lakh for 10 business idea @ Rs 6.25 lakh per idea and Rs 3.78 lakh for infrastructure support, training etc.

Who can Apply: Any Technical/Management Institutions, Universities etc having established in-house support services and facilities with experienced/devoted faculty who can nurture/mentor innovative business idea
that are at near commercialization stage.

How to Apply: The Organization/institutes should submit the proposal on or  before 15-04-2011 in the prescribed application format to the Development Commissioner (MSME), 7th Floor, Nirman Bhawan, New Delhi- 110 108. Each
institute is expected to recommend 10 business ideas after they are recognized as one of the host institution of this department to implement the scheme.


For details of the prescribed application formats for institutions, guidelines of the scheme and other details, please visit our web-site at


For any turther information and clarification please contact Dr. Amarnath. Assistant Director. Office of the DC(MSME) 7th Floor, Nirman Bhawan. New Delhi – 110108. Phone: 011-23063800, 02-06. Extn 2453 . E-mail:


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