The scheme aims at setting up a network of incubation and technology centres to promote innovation and entrepreneurship to strengthen the competitiveness of MSME sector.
Setting up Technology Business Incubators (TBIs) and Livelihood Business Incubators (LBIs) to skill youths for own incubation and enterprises.
Maximum INR 1 cr. to Government agencies and maximum INR 50 Lakh to private agencies for procuring plant and machinery.
Maximum INR 1 cr. given to new TBIs and maximum INR 30 Lakh to existing TBIs for procurement of plants and machinery.
SCHEME APPLICABLE FOR
(i) Any Private Institution under PPP mode with any agency of Govt. of India/State Govt.
(ii) Any agency/institution of Govt. of India/ State Govt.
(i) New TBIs can be set up by Industry Associations Academic Institutions, R&D labs, Universities, Govt. entities and Technology Parks
(ii) National/ Regional institutions of Govt. of India/ State Govt.
(iii) Existing Incubation Centers under Ministries/ Departments of Govt. of India
LBIs are set up to train/skill youths in various vocations/ fields primarily in agro-rural space.
TBIs are set up to promote youths to incubate new ideas in agro-rural space by providing basic incubation facilities.
HOW TO APPLY
Proposal to be filled up as per the prescribed format given and submitted to the Ministry through Member Secretary, Scheme Steering Committee at firstname.lastname@example.org