Design Scheme Under MSME Innovative Scheme
Registered MSMEs can receive government grants covering 60–75% of the cost of hiring professional design consultants to develop new products or redesign existing ones, with total project cost up to ₹40 lakh. A separate track supports student-led design projects for MSMEs with grants up to ₹2.5 lakh. Apply online at innovative.msme.gov.in using your Udyam Registration Number.
About This Scheme
Registered MSMEs can receive government grants covering 60–75% of the cost of hiring professional design consultants to develop new products or redesign existing ones, with total project cost up to ₹40 lakh. A separate track supports student-led design projects for MSMEs with grants up to ₹2.5 lakh. Apply online at innovative.msme.gov.in using your Udyam Registration Number.
Full official description
Launched by the Ministry of Micro, Small & Medium Enterprises ,Design scheme will help MSMEs to avail advice on all aspects of design. It helps MSMEs realize and achieve their design-related objectives. This specialist advice will be provided by experienced designers for new product development as well as enhancing existing product portfolio. The Design scheme is divided in two major parts, viz., Design Projects and Design Awareness Programme. Design Project: To facilitate MSMEs to develop new design strategies and or design-related products through interventions and consultancy. Design Awareness Programme: The objective is to create general awareness and sensitization about the value and power of design for businesses through seminars, talks, workshops etc. The purpose of these activities is to sensitize MSMEs about the usage of design/innovation in various facets of their industry.
Benefits
- Government covers 75% of total project cost for micro enterprises (project up to ₹40,00,000)
- Government covers 60% of total project cost for small and medium enterprises (project up to ₹40,00,000)
- MSME pays the remaining 25–40% and deposits it with the implementing agency
- Funds are released in 3 stages: 40% at strategy and concept stage, 30% at detailed design stage, 30% on final prototype completion and report submission
- Student design projects: government covers 75% up to ₹2,50,000 total project cost
Who Can Apply (Eligibility)
- Must be a registered Micro, Small, or Medium Enterprise
- Must have a valid Udyam Registration Certificate or Udyog Aadhaar Memorandum (UAM)
How to Apply
Registration Process:
Step 01: After opening the website https://innovative.msme.gov.in/ , click on Design.
Step 02: On the next window, click on Join Design Scheme.
Step 03: Put the Udyam Registration Number along with the Registered Moblile Number.
Step 04: Click on Validate.
Frequently Asked Questions
What is the objectives of Design Scheme?
The objective of this component is to bring Indian manufacturing sector and Design expertise/ Design fraternity on to a common platform. It aims to provide expert advice and cost-effective solution on real time design problems for new product development, its continuous improvement and value addition in existing/new products.
What are the broad activities of MSME Innovative scheme?
The Design scheme is divided in two major parts, viz., Design Projects and Design Awareness Programme. a. Design Project - To facilitate MSMEs to develop new design strategies and or design related products through interventions and consultancy. b. Design Awareness Programme: The objective is to create general awareness and sensitization about the value and power of design for businesses through seminars, talks, workshops etc. The purpose of these activities is to sensitize MSMEs about the usage of design/innovation in various facets of their industry.
What type of financial assistance provided under the scheme?
Two types of financial assistance provided under the scheme: Design Project and Student Project.
Who can take the benefit of the scheme?
The beneficiary unit(s) must typically be a registered micro, small or medium enterprises as per the definition in MSMED and should have a valid UAM or Udyam Registration. The manufacturing MSMEs may be a profitable entity preferably in the last 1 year of its operations.
Who will implement the scheme throughout the country?
The implementing agencies for the Scheme, presently, are: Indian Institute of Science (IISc), Bengaluru, IITs (Kanpur, Indore, BHU, Roorkee, Ropar, Bhubaneshwar), NITs (Tiruchirappalli, Warangal, Silchar, Arunachal Pradesh, Jaipur, Allahabad, J&K, Bhopal, Nagpur, Calicut, Kurukshetra, Surathkal, Raipur).
How the proposals may be submitted ?
Under MSME Innovative scheme, a MSME Innovative portal has been developed. Now all the proposals/ application will uploaded on the Innovative portal i.e ( https://innovative.msme.gov.in ) under the respective scheme component of MSME Innovative scheme.
Who is the Apex Body of the scheme?
Project Monitoring and Advisory Committee (PMAC) is set-up at the office of AS&DC (MSME), who looks after the Planning, Screening, identification and such other function as deemed fit.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Udyog Aadhaar Memorandum (UAM) or Udyam Registration (UR) certificate.
- UAM Registered mobile number.