- OBJECTIVE
- The scheme aims at setting up a network of incubation and technology centres to promote innovation and entrepreneurship to strengthen the competitiveness of MSME sector predominantly in the rural and underserved areas,
- To promote innovation and accelerate entrepreneurship by imparting skill development
programs for creating wage/self-employment opportuni-ties in the agro rural sector.
- The scheme aims at setting up a network of incubation and technology centres to promote innovation and entrepreneurship to strengthen the competitiveness of MSME sector predominantly in the rural and underserved areas,
- KEY BENEFITS
- Setting up Technology Business Incubators (TBIs) and Livelihood Business Incubators (LBIs) to skill youths for own incubation and enterprises.
- Maximum INR 1 cr. to Government agencies and maximum INR 75 Lakh to private agencies for procuring plant and machinery.
- Maximum INR 1 cr. given to new Government and Private agencies as operational expenditure support towards manpower cost, running incubation and skill development programs.
- SCHEME APPLICABLE FOR
- Any agency/institution of Government of India/ State government or existing training centres under Ministries/Departments of Government of India/State Government, Industry Associations, Academic Institutions.
- Any not-for-profit private institutions with experience in successfully executing incubation and/or skill development programs may be eligible to set up an LBI.
- Any agency/institution of Government of India/ State government or existing training centres under Ministries/Departments of Government of India/State Government, Industry Associations, Academic Institutions.
- DETAILED INFORMATION
- LBIs are set up to train/skill youths in various vocations/ fields primarily in agro-rural space.
- Generate employment opportunities by facilitating formal, scalable micro-enterprise creation in the agro-rural sector.
- Skill and Re-skill unemployed, existing self-employed/ wage earners in new technologies
- Providing skilled human capital to nearby industrial clusters and promote innovations for strengthening the competitiveness in the MSME sector.
HOW TO APPLY
Click "Apply Now"
- DOWNLOADA Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE)
