top of page
ASPIRE Scheme (MSME) - gives funds to organisations and not individual startups
Promotes entrepreneurship and skill development in the MSME sector by supporting incubators and training centers focused on manufacturing and services. Provides mentoring, capacity building, and enterprise development to strengthen grassroots innovation.
Maximum Grant Amount
1000000
🎯 Eligibility:
1. Govt/academic/industry bodies or NGOs with incubation/skill experience
2. applying through designated Mentor Institutes.
🌱 Nature of Support
Procurement of plant and machinery. Operational costs, including hiring staff, outreach, training, raw materials, and machinery maintenance .
📝 Documents Required
Grant Type
Equity, CCD
Key details
Granting Agency
MSME
Sector/Focus
AgriTech, AI/Tech, Robotics/Drone, Electronics/IOT, Service
Application Window
Geographic Coverage
All
Contact
How to Apply
Last Verified
Nov 2025
bottom of page