Register now for the MSME Idea Hackathon 5.0. It is free, online, open to ages 18-60 and provides a grant worth Rs. 15 Lakhs per project.
About the Hackathon
The objective of the scheme is to promote and support untapped creativity and to promote adoption of latest technologies in MSMEs that seek the validation of their ideas at the proof-of-concept level. The scheme also supports engagement with enablers who will advise such MSMEs in expanding the business by supporting them in design, strategy and execution.
Activities
- Recognition of eligible institutions as Host Institute (HI) to act as Business Incubator (BI)
- Approval of Ideas of Incubatees submitted through Host Institute (HI)
- Assistance for nurturing of Ideas to HI
- Assistance towards Capital Support to HI for Plant and Machinery
Eligibility
- 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. (this link) .
- All earlier approved Host Institutes (HIs) will be continued as HI for scheme implementation.
Financial Assistance
Up to maximum of Rs. 15 lakh per idea shall be provided to HI for developing and nurturing the ideas.
Registration Procedure
- Any innovator of Indian origin- having e-mail and mobile number.
- You can apply under three categories – MSME, Student and Others.
- Under MSME category, register for MSME Idea Hackathon using Udyam Registration number. (To register for Udyam Registration, Click here)
- Under Student category, a Student Identity Card valid for FY 25-26 must be submitted.
How to Register?
Interested participants can register through this link.
Click here to view the official notification of the MSME Idea Hackathon 5.0.
