ASPIRE: A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship
Sakshi Education
ASPIRE OBJECTIVE
- Create new jobs and reduce unemployment.
- Promote entrepreneurship culture in India.
- Facilitate innovative business solution for unmet social needs.
- Promote innovation to strengthen the competitiveness of MSME sector.
KEY BENEFITS
- Maximum of INR 1 Cr to Government agencies & INR 75 Lakhs to Private agencies for procuring plant and machinery.
- Maximum of INR I Cr to Government and Private Agencies as operational expenditure support.
SCHEME APPLICABLE FOR
- Any agency/Institution of Central State Government or existing training centers under Ministries/Departments of Central/State Government, Industry Associations and Academic Institutions.
- Any Not-for-Profit private institutions with experience in successfully executing incubation and/or skill development programs may be eligible to set up an LBI
Published date : 05 Aug 2022 06:48PM