Applications are invited for the MSME Idea Hackathon 4.0 for young innovators. The application deadline is October 10, 2024.
The scheme’s objective is to promote and support untapped creativity and the adoption of the latest technologies in MSMEs that seek to validate their ideas at the proof-of-concept level. The scheme also supports engagement with enablers who will advise such MSMEs on expanding their business by helping them with design, strategy, and execution.
Institutions such as Technical Colleges, Universities, other Professional Colleges/Institutes, R&D Institutes, NGOs involved in incubation activities, MSME-DIs/ Technology Centres or any Institute/Organization of Central/State Government may apply for registration as an HI and act as a Business Incubator (BI) for nurturing of ideas from the initial stage of conceptualization to the commercialization stage through HIs/ BIs. The institutions may apply for registration as HI through the MIS portal of the DC MSME website. (innovative.msme.gov.in) . All earlier approved Host Institutes (HIs) will be continued as HI for scheme implementation.
The Host Institute shall receive financial assistance up to a maximum of Rs. 15 lakh per approved idea for developing and nurturing the idea into a prototype.
Interested innovators can register themselves through this link.
The application deadline is October 10, 2024.
