Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)

Union Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.

Details of the sub-schemes:

Incubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.

Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.

IPR (Intellectual Property Rights): improve the IP culture in India.