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Bureau for Facilitating MSMEs of Tamil Nadu (FaMe TN)
(A Section 8 company under MSME Department, Government of Tamil Nadu)
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MSME Innovative Scheme (Incubation)
Government of India, Ministry of MSME
Ministry of Micro, Small and Medium Enterprises (MSME Ministry)

MSME Innovative Scheme (Incubation)

As a tech venture, You can receive up to 15 lakh for idea development and a crore for equipment.

Objective
  • To promote emerging technological and knowledge based innovative ventures/ entrepreneurs.
Key Benefits
  • Financial support is given for nurturing new ideas through host institutes or incubation centres.
  • Up to INR 15 lakh per idea is provided to the host institute.
  • Up to INR 1 crore is provided for plant and machinery setup in business institutes.
Eligibility Criteria
  • The applicant should be an existing/ prospective entrepreneur.
How to Apply / Office To Contact
How to Apply / Office To Contact

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