MSME Innovative (Design) Scheme
Design Innovation Grant — Up to ₹40 Lakh
The MSME Innovative (Design) Scheme helps MSMEs avail advice on all aspects of design from experienced designers for new product development as well as enhancing existing product portfolios. It helps MSMEs realize and achieve their design-related objectives. Financial assistance of up to ₹40 Lakh is available as a grant no repayment required.
Design Advisory
Expert design consultation
New Products
Develop fresh product lines
Enhance Portfolio
Improve existing products
₹40L Grant
Non-repayable assistance
MSME Design Scheme — Funding Structure
Government Grant: Up to ₹40 Lakh — Non-Repayable
GOI Contribution Split
75%
GoI funds for Micro Enterprises
60%
GoI funds for Small & Medium Enterprises
Grant Disbursement Stages
- Stage 1: Strategy & Concept - 40%
- Stage 2: Detailed Design - 30%
- Stage 3: Prototype Completion & Final Report - 30%
Focus Sectors
- Renewable Energy
- Industry 4.0
- Smart Cities
- Meditech
- Watertech
- Energy Efficiency
- Electric Vehicles
- Agritech
- Healthtech
- Digitisation
Eligibility Criteria
Registered MSME
Beneficiary must be a registered micro, small or medium enterprise
Profitable Entity (Preferred)
Manufacturing MSMEs preferred to be profitable in the last 1 year; PMAC can relax this criteria
Valid UAM / Udyam Registration
Entity must hold a valid Udyog Aadhaar Memorandum (UAM) or Udyam Registration number