MSME Government Schemes

Schemes for Providing financial assistance on International Cooperation

  • Related Scheme

    International Cooperation Scheme

  • Description

    The Scheme would cover the following activities:

    • Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/up gradation, facilitating joint ventures, improving market of MSMEs products, foreign collaborations, etc.
    • Participation by Indian MSMEs in international exhibitions, trade fairs and buyer-seller meets in foreign countries as well as in India, in which there is international participation.
    • Holding international conferences and seminars on topics and themes of interest to the MSME.
  • Nature of assistance

    IC Scheme provides financial assistance towards the airfare and space rent of entrepreneurs. Assistance is provided on the basis of size and the type of the enterprise.

  • Who can apply?
    • State/Central Government Organisations;
    • Industry/Enterprise Associations;
    • Registered Societies/Trusts and Organisations associated with the promotion and development of MSMEs

Support for setting up of Business Incubators

  • Related Scheme

    Scheme for 'Support for entrepreneurial and managerial development of SMEs through incubators'- an NMCP Scheme

  • Description

    The objective is to provides early stage funding for nurturing innovative business ideas (new indigenous technology, processes, products, procedure etc.) which could be commercialized in a year.

  • Nature of assistance

    Funding support for infrastructure development and pilot projects.

  • Who can apply?

    Any individual or MSME having innovative idea near commercialization can apply to the host institution (e.g. (IITs , NITs, Technical colleges, research institutes etc. ) . The host Institutions can apply to office of DC-MSME or their nearest DIs for application.

Funding support for conducting assessment of IPR related needs of MSMEs

  • Related Scheme

    Scheme for 'Building Awareness on Intellectual Property Rights' (IPR) for the Micro, Small & Medium Enterprises- an NMCP Scheme

  • Description

    The support programs aims to promote assessment studies to identify the IPR needs of identified MSME clusters/industries and to recommend measures for strengthening of IP portfolio.

  • Nature of assistance

    Funding support for conducting assessment studies.

  • Who can apply?

    Industry associations and other technical experts.

Participation in Entrepreneur Skill Development Program

  • Related Scheme

    Scheme for 'Entrepreneurship Skill Development Programmes (ESDP)

  • Description

    The four kinds of training programmes conducted by MSME-DIs include Motivation Campaigns, Entrepreneurship Development Programmes, Entrepreneurship Skill Development Programme, and Management Development Programmes, which cover diverse skill set need of new and existing entrepreneurs.

  • Nature of assistance
    • Skill Development.
    • Participation in Entrepreneur Skill development programme is free of charge (No registration Fee).
  • Who can apply?

    Individuals and MSMEs.

A Scheme for Promotion of Innovation, Rural Industry & Entrepreneurship (ASPIRE).

  • Related Scheme

    Livelihood Business Incubators and Technology Business Incubators

  • Description

    Objective of the scheme are as follows:- (i) Create new jobs and reduce employment,

    • Promote entrepreneurship culture in India,
    • Grassroots economic development at district level,
    • Facilitate innovative business solution for unmet social needs, and
    • Promote innovation to further strengthen the competitiveness of MSME sector.
  • Nature of assistance

    Livelihood Business Incubators by NSIC,KVIC,Coir Board or any other Institution or any other Institution or Agency of Govt. of India/State

    • Setting up LBI’s (100lakh for NSIC&ors. And INR 50 lakh for eligible agencies under ppp) for plant & machinery only.

    Technology Business Incubators

    • Incubation center
      a. Support for Existing Incubators(INR 30 lakh for incubator capex*)
      b. Setting up of New Incubator(INR 100 lakh for incubator capex*)
    • Incubation of Ideas(INR 3 lakh per idea)
    • Creation of Enterprise out of innovative idea(Seed Capital fund@ INR 1.00 cr. per incubator for enterprise creation@ 50% of project cost or 20 lakh per successful idea whichever is less) 
    • Accelerator workshop
  • Who can apply?
    • Any individual, above 18 years of age as an incubate can be skilled;
    • Any entrepreneur who wants to set up start-ups;
    • Any technical/research institutes/universities including those in the field of rural and agro based industry;
    • Any institution or agency under the Government of India or any State Govt. in the field of technology, rural development and entrepreneur development, business management or any body corporate under PPP mode can set up LBI;
    • Any existing incubation centres operating currently under different Ministries and departments of the Govt. of India or institutions including National/regional level institutions of GOI/state Govts. To set up such centre dedicated to incubation and entreprise creation in the area of Agro based Industries and also new incubation centres to be set up by eligible private institutions including industry Association, along with the Academic Institutions, R & D laboratories, Universities, Govt. entities and Technology Parks;
    • Institutions registered under Socities Registeration Act, 1860;
    • Production Co-operative Societies and Charitable Trusts;
    • Existing Incubators and the incubators that have already availed Govt. Subsidy under any other scheme of Govt. of India or State Govt. for the same set of activities under Incubation are not eligible.

Startup Benefits and Scheme

  • SELF CERTIFICATION And compliance under 9 environmental & labour laws
  • STARTUP PATENT APPLICATION Fast track & up to 80% rebate in filling patents
  • PUBLIC PROCUREMENT Fast track under the criteria of "prior experience/turnover" for start-ups in all Central Government ministries/departments
  • WINDING UP COMPANY In 90 days under insolvency & Bankruptcy code 2016
  • INR 10,000 CRORE FUND Of funds for investment into start-ups through Alternate Investment Funds
  • INR 2,000 CRORE CREDIT Guarantee fund for start-ups through National Credit Guarantee Trust Company / SIDBI over 4 years
  • TAX EXEMPTIONS On Income tax for 3 years on capital gains & on Investments above Fair Market Value

Scheme for Facilitating Startups Intellectual Property Protection (SIPP)

Introduction

With the emergence of IPRs as an emerging strategic business tool for any business organization for enhancing industrial competitiveness, startups with limited resources and manpower can sustain in a highly competitive world only through development oriented innovations, for which it is crucial that they protect their IPRs. SIPP is envisaged to facilitate protection of Patents, Trademarks and Designs of innovative and interested startups. The scheme was up in force to March 31st, 2017, and is now being extended for further 3 years.

Vision

It aims to protect and promote IPRs of startups and thus encourage innovation and creativity among them.

Objective

The scheme of SIPP aims to promote awareness and adoption of IPRs among startups. The scheme aims to nurture and mentor innovative and emerging technologies among Startups, and assists in protecting and commercializing it by providing them high quality IP services and resources.

Functions and duties of Facilitators

The facilitators are responsible for

  • Providing general advisory on different intellectual property rights to startups on pro bono basis,
  • Providing information on protecting and promoting IPRs to startups in other countries on pro bono basis,
  • Providing assistance in filing and disposal of the IP applications related to patents, trademarks and designs under relevant Acts at the national IP offices under the CGPDTM
  • Drafting provisional and complete patent specifications for inventions of startups,
  • Preparing and filing responses to examination reports and other queries, notices or letters by the IP office,
  • Appearing on behalf of startups at hearing, as may be scheduled,
  • Contesting opposition, if any, by other parties, and
  • Ensuring final disposal of the IPR application.

Period of the Scheme

The scheme shall be applicable for 3 years, with effect from April 1, 2017.

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