GovernmentCentral (Ministry of MSME) Verified 2026-07-05

Support for Entrepreneurial and Managerial Development of SMEs through Incubators

Early-stage funding to nurture innovative business ideas, with mentoring, networking, seed capital and professional assistance. Funding Rs 4-8 lakh per incubatee/idea, subject to overall ceiling of Rs 62.5 lakh per Business Incubator.

Maximum benefit value

₹8 L

Eligibility

  • Innovative individuals / knowledge-based innovative MSMEs with ideas commercialisable within a year
  • Host institutions acting as Business Incubators

How to apply

Host/Business Incubators (technical institutions, etc.) apply to DC-MSME; incubatees are nurtured through the incubator with seed/early-stage funding. Apply via the MyMSME incubation form.

Required documents

  • Udyam/MSME registration (as applicable)
  • Business idea/proposal

Official sources

Verification notes

maxValueInINR set to per-incubatee ceiling (Rs 8 lakh); overall Business Incubator ceiling is Rs 62.5 lakh. NMCP incubation component; note this was later subsumed under MSME Innovative Scheme - confirm current channel. [AI-gathered from official sources on 2026-07-05; needs team review]