IIT Kanpur, SIIC Hosts Program on MSME Innovation Scheme is this

IIT Kanpur's SIIC orchestrates MSME Program, enlightening on growth avenues. Navigate the complexities of Micro, Small & Medium Enterprises with expert guidance

IIT Kanpur, SIIC, MSME Program, Growth Avenues, Expert Guidance

IIT Kanpur, SIIC Hosts Program on MSME Innovation Scheme is this

IIT Kanpur: The World Association for Small and Medium Enterprises (WASME) and the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur, with aid from the Ministry of MSME, organized An Educational and One Day Awareness Program on Design Component of MSME Innovative Scheme at WASME. The software's purpose became to empower MSMEs by using giving them advice on the way to take gain of the scheme's potential.

The MSME Design Scheme is meant to help MSMEs in all aspects of design and help them in engaging in their targets linked to design. It provides economic assist up to Rs. 2.5 lakh for college students engaged in layout improvement and between Rs. 15 and 40 lakh for MSMEs. Dr. Riddhi Mahansaria, Manager of SIIC IIT Kanpur, oversees the initiative.

Prominent dignitaries such as Mr. Rony Banerjee, marketing consultant at EY, and Dr. Sanjeev Layek, government secretary of WASME, graced the occasion, offering a discussion board for thoughtful conversations at the subtleties of the MSME scene in India. Dr. Sanjeev Layek emphasised the significance of MSMEs to the Indian economic gadget and entreated participants to successfully offer solutions and boom their influence with the aid of utilising this gadget. The importance of Design Thinking within the method of developing new merchandise changed into addressed through Mr. Rony Banerjee.

Highest package deal of IIT Kanpur

Information (2023)
the very best package deal (PPO)
INR 4 crore in keeping with annum
the highest home package
INR 1.90 crore consistent with annum
Students typical activity offers
No. of gives made

Every incubate corporation incubated at SIIC may additionally additionally pick one Industry mentor inside six months from the date of joining incubation centre. In case the incubate opts for an company mentor the incubate organisation has to offer minimum 1% of equity to the mentor as a attention of mentorship.

 What is MSME?

MSMEs could be able to access guidance on all layout-related topics thanks to the Design Scheme. It aids MSMEs in knowing and attaining their desires in relation to layout. Experienced designers will offer this expert advocate for growing new merchandise and improving the portfolio of already-present ones.

Which MSME innovation scheme is that this?

In order to raise attention among MSMEs about India's innovation and inspire them to grow to be MSME Champions, MSME Innovative is a brand new concept for MSMEs that combines innovation in incubation, design intervention, & via defensive IPR in a unmarried mode method.

Who qualifies for the MSME application?

Who is certified to check in as an MSME? Applications for MSME registration are open to any business enterprise that meets the MSME category standards for Micro, Small, and Medium-Sized Enterprises. An character can not practice for MSME registration.

To put it absolutely, what is an MSME?

Micro, Small, and Medium Enterprises is an acronym for those forms of organizations. MSMEs fall underneath two classes as in line with the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006: Any enterprise that produces or manufactures goods is considered a production company.


  • A credit score-connected capital subsidy scheme designed to improve technology.
  • Reimbursement scheme and ISO 9000 certification
  • Participation in International Fairs.
  • Price Preference Policy and Purchase
  • Prime Minister's Rozgar Yojana- PMRY
  • Credit Guarantee Scheme.

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