MSME Innovative Scheme

On 10th March, 2022, the government launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.

  • MSME Innovative is a new concept for MSMEs with a combination of innovation in incubation, design intervention and by protecting IPR in a single mode approach.

Aim

  • To enhance MSME competitiveness and transform them as National and International Champions.

Need

  • Micro, Small & Medium Enterprises (MSMEs) are the strongest drivers of Nation’s economic development, innovation and employment.
  • It becomes imperative to strengthen MSME’s ecosystem by developing innovative solutions and applications which will help them to move up the value ....
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