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.
Benefits of MSME DESIGN
Financial Assistance
Expert Design Support
Prototype Development
Phased Grant Disbursement
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).
