BACKGROUND
Globally, the technology and its rapid expansion is the deciding factor in the economic
growth. The rise of artificial intelligence as well as blockchains at G-20 and WEF
summits, has forced national heads to speak on these technologies. Technology is
also deciding the way Micro ,Small and Medium Enterprises (MSMEs) expand in the
global economy while playing an important role in the national economic development
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2.0 OBJECTIVE
2.1 The main objective of the scheme is to promote & support untapped creativity
of individual and to further promote the latest technologies in manufacturing as
well as digital transformation through knowledge based innovative MSMEs (ventures)
that seek the validation of their ideas at the proof of concept level and also choose
the enablers who will support such MSEs in expanding the business as well as supporting
them in design, strategy and execution. The enablers will play a pivotal role and
would be integrated part of the MSEs itself.