MSME DESIGN

The MSME Design Scheme brings together India’s manufacturing sector and design expertise on a common platform. The sole objective of the scheme is to provide MSMEs with expert advice and cost-effective solutions for real-time design challenges, assisting in new product development, continuous improvement, and value addition to existing products. The scheme offers specialized guidance from experienced designers, helping MSMEs achieve their design-related goals, whether it’s creating new products or enhancing their existing product portfolio.

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MSME DESIGN Now

Benefits of MSME DESIGN

Benefits of MSME DESIGN

  • Financial Assistance: The scheme covers Up to 75% (Micro) and 60% (Small & Medium) of project costs with a maximum grant of ₹40 lakhs.
  • Expert Design Support: Funding for engaging professional design consultants to innovate and improve products.
  • Prototype Development: Assistance for creating prototypes and enhancing product portfolios.
  • Phased Grant Disbursement: Funds released in three stages
    • 0% for Strategy & Concept development.
    • 30% for Detailed Design.
    • 30% on successful prototype completion and final report submission.

Eligibility for MSME Design Scheme

  • The applicant must be a registered Micro, Small, or Medium Enterprise (MSME).
  • The MSME should possess a valid Udyog Aadhaar Memorandum (UAM) or Udyam Registration Certificate.

Documents Required for MSME Design Scheme

  • Udyog Aadhaar Memorandum (UAM) or Udyam Registration (UR) Certificate.
  • Mobile number registered with Udyog Aadhaar Memorandum (UAM).

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MSME DESIGN Now

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Disclaimer : We provide consultancy. Approval is subject to Terms and Condition as per Scheme/Programme.