Government of India
DC(MSME), Ministry of Micro, Small & Medium Enterprises

Support for Entrepreneurial and Managerial Development of MSMEs through Incubators

GUIDELINES of "Support for Entrepreneurial and Managerial Development of MSMEs through Incubators"

1.0 BACKGROUND
Globally, technology and its rapid expansion and adoption is becoming a critical factor in is impacting almost all sectors. 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.
2.0 OBJECTIVE
The main objective of the scheme is to promote & support untapped creativity of individual and to promote adoption of latest technologies in manufacturing as well as knowledge based innovative MSMEs (ventures) that seek the validation of their ideas at the proof of concept level. The scheme also supports engagement with Enablers who will advise such MSMEs in expanding the business by supporting them in design, strategy and execution. The Enablers will play' a pivotal role and would be integral part of the business development.