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  3. MSME Innovative Scheme (Incubation, Design and IPR)
All India

MSME Innovative Scheme (Incubation, Design and IPR)

Ministry of Micro, Small and Medium Enterprises (MSME)

About This Scheme

Status: active. An amalgamation of the erstwhile Incubation, Design and IPR schemes of the Ministry of MSME, operating as interconnected verticals to support idea validation, prototype development, product design and IP facilitation for MSMEs and aspiring entrepreneurs.

Eligibility Criteria

  • MSMEs
  • individual innovators/students
  • registered MSMEs (IPR reimbursement)
  • Eligible stage: idea
  • Eligible stage: pre seed
  • Funding follows an 80:20 government-to-beneficiary contribution ratio in the incubation vertical, managed by SIDBI

Benefits

  • Incubation component funds up to Rs 15 lakh per idea (plus up to Rs 1 crore infrastructure support to host institutions)
  • Design component funds up to Rs 40 lakh for MSME design projects or Rs 2.5 lakh for student design projects
  • IPR component reimburses patent/trademark/GI/design registration costs.

How to Apply

  • Applications accepted on a rolling basis
  • Apply via the official portal: https://innovative.msme.gov.in/

Quick Info

Amount / Funding
Rs 15 lakh
State / Region
All India
Ministry / Dept
Ministry of Micro, Small and Medium Enterprises (MSME)
Apply Now →
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