MSME - Innovative (Incubation, IPR and Design)
MSME Innovative is a holistic approach to unify, synergize and converge 3 sub- schemes and interventions with a single purpose. 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 to create awareness amongst MSMEs about India’s innovation and motivate them to become MSME Champions. This will act as a hub for innovation activities facilitating and guiding development of ideas into viable business proposition that can benefit society directly and can be marketed successfully.
Benefits
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Only Udyam‑registered Micro & Small Enterprises are eligible under PMS.
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Documents may slightly vary depending on the specific component (Trade Fair, VDP, Capacity Building, GI Retail Outlet).
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Applications are routed through Office of DC (MSME) / MSME‑DIs / implementing agencies.
Eligibility
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Incubation: MSMEs, Individuals, Students who want to develop their innovative ideas can apply through registered HIs.
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Design: The beneficiary unit(s) must typically be a registered micro, small or medium enterprises as per the definition in MSMED Act and should have a valid UAM or Udyam Registration.
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IPR: For Manufacturing MSMEs with UDYAM Registration.
Required Documentation
Udyam Registration Certificate of the MSME
Aadhaar Card of applicant/authorized signatory PAN Card of the enterprise/applicant
Bank account details (cancelled cheque/passbook copy)
Brief project proposal/concept note as per scheme component
Component‑specific supporting documents (Incubation/Design/IPR, as applicable)
How to Apply?
Register/Login on the MSME Innovative portal (https://innovative.msme.gov.in) using valid Udyam Registration and mobile number.
Select the relevant component (Incubation / Design / IPR) and submit the online application with required details and documents.
Evaluation of application by the competent 4.Committee/host institute as per scheme guidelines.
Approval and release of assistance in phases based on milestones achieved.
For more support, reach out to DITC, Udyog Bhavan, Near Azad Maidan, Panjim, Goa-403001.
Scheme
Details & Documents
| S.No. | Document Name | Document Type | Action |
| 1 | MSME - Innovative (Incubation, IPR and Design) Guidelines | PDF File | Download |