Design Scheme (MSME Innovative Scheme)
Pays up to 75% of an MSME's product-design project cost, capped at Rs. 40 lakh.
Government of India contributes 75% of project cost for micro enterprises and 60% for small and medium ones toward a Design Project, up to a maximum of Rs. 40 lakh, paid as a grant across three stages — concept and strategy, detailed design, and successful prototype completion — with the MSME funding the remainder. The parallel Student Project track pays up to Rs. 2.5 lakh on the same cost-sharing…
The scheme backs registered Indian MSMEs that want expert design help — new product development or improving an existing product — delivered by design consultants at partner IITs, NITs and IISc Bengaluru. A separate, smaller track funds bona-fide students doing design work connected to an MSME's project.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Sign up free to see where teams trip up
Guides for this application
All guides →Grant Reporting Requirements: Post-Award Reports and Compliance
Learn what grant reporting requirements cover, how financial and performance reports work, what to track after an award, and how to avoid post-award compliance mistakes.
Find grantsGovernment Grants for Startups: What Deeptech Founders Should Know
A practical guide to government grants for startups, including Grants.gov, SBIR/STTR, state programs, eligibility, fit, timelines, and when to apply.
DocumentsLetter of Support for Grant Applications: Template and Examples
Learn how to write and request a letter of support for a grant, with template structure, examples, reviewer logic, and common mistakes.
More from MoMSME
All grants from this funder →PM Vishwakarma
🇮🇳MoMSME · India
Pays traditional artisans a Rs. 15,000 toolkit grant plus training stipends and credit access.
Support for Entrepreneurial and Managerial Development of MSMEs through Incubators
🇮🇳MoMSME · India
Funds Indian incubators to nurture entrepreneur and student ideas into MSME start-ups.
Similar grants
Browse the directory →MSME Innovative Scheme — Design Component
🇮🇳MoMSME · India
Funds Indian MSMEs' product design projects with grants of up to Rs. 40 lakh.
Chief Minister's Startup/Innovation Projects/New Industries Scheme
🇮🇳HP Industries Dept · India
Pays Himachal Pradesh startups a monthly sustenance allowance plus marketing and patent grants.
Sustenance Allowance (Scheme for Assistance for Start Ups/Innovation, Gujarat)
🇮🇳Gujarat Industries Dept · India
Funds Gujarat startups up to ₹30 lakh for prototyping, market research and event costs.
Matching Grant Scheme
🇮🇳Goa IT & Electronics · India
Matches up to 25% of a Goa startup's private funding round, capped at ₹25 lakh.
TIDE 2.0 Entrepreneur-in-Residence (EiR) Scheme
🇮🇳IIMV FIELD · India
Awards up to INR 4 lakh in grants plus a year of incubation to India-based tech startups.
Honda Innovation Challenge 2.0
🇮🇳Honda · Japan
Pays Indian startups up to 40 lakh rupees to co-build mobility and safety tech with Honda.