Snapshot
Quick facts
Policy status
Active central scheme
Region
India (Central)
Type
Idea Support
Verified
Verified by editorial team
Key Figures
The numbers that matter — verify on the official portal
Up to Rs 15 lakh per approved idea (development/prototyping/testing)
Open to individuals, students, startups, MSMEs via Host Institutions
Up to 5 ideas per Host Institution per year
Support Types
What the scheme actually offers
- financial support for idea development (capped)
- incubation via host institutes
Best Suited For
Fit Business Ideas
Examples this scheme tends to suit
Documents You Will Need
- idea proposal
- host institute application
How to Apply
Step-by-step process
- 1Approach an approved host incubator
- 2Submit idea proposal
- 3Get support to develop/validate
Warning
Read this before applying
For genuine new ideas; routed through approved host incubators.
Official Government Links
Always verify on these portals before applying
MSME Innovative (Incubation) Scheme can reduce capital pressure, but only when documentation, eligibility, and execution are tight. Always verify the latest amounts and deadlines on the official portal before applying.