Team Initiative:Boosting Digital Commerce for MSMEs
On 29th January 2025, the Ministry of Micro, Small & Medium Enterprises (MSME), in collaboration with the Open Network for Digital Commerce (ONDC), has launched the MSME Trade Enablement and Marketing (TEAM) Initiative.
Key Points
- Duration:Three years (FY 2024-25 to FY 2026-27).
- Target Beneficiaries: 5 lakh MSEs (50% women-led enterprises).
- Implementation Partner: National Small Industries Corporation (NSIC).
- Focus Areas: Storefronts, integrated payment systems, and logistics support, ffinancial assistance for seller onboarding, catalogue creation & account management
- Workshop: Conducting 150+ workshops in Tier 2 & Tier 3 cities for MSMEs, especially SC/ST & women entrepreneurs
Benefits for MSMEs
- By integrating with ONDC, MSEs can ....
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