MO
Program

MSME Innovative Scheme — Design Component

Funds Indian MSMEs' product design projects with grants of up to Rs. 40 lakh.

Registered MSMEs (holding a valid Udyam Registration) apply online through an Implementing Agency such as IISc, an IIT or an NIT, which screens the proposal, forms a Project Assessment Panel, and forwards a recommendation to the Project Monitoring and Advisory Committee (PMAC) for approval. Once approved, the Government of India funds up to Rs. 40 lakh, covering 75% of project costs for micro ente

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.