MoMSME: Technology Commercialization Funding & Business Startup Support

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MoMSME Support Grant for Technology Entrepreneurship

Venture Center - in partnership with the Ministry of Micro, Small and Medium Enterprises (MoMSME) - seeks to help MSMEs pursue development & commercialization of technology innovations.

Venture Center invited applications under the MoMSME's scheme - Support for Entrepreneurial and Management Development of SMEs through Incubators in June 2009. The proposals received were reviewed by an independent program managing committee (PMC), which recommended 10 proposals to the MoMSME for consideration.

Venture Center is glad to announce that in October 2009, the MoMSME approved all 10 proposals recommended by the PMC.

Below are the 10 companies that have been approved to receive the MoMSME support grant:

Venture Center may be invited by the MoMSME for submitting another set of proposals next year (2010-2011). Those interested in applying for the support grant can fill out the following proposal: MSME-VC-Incubatee-Application.doc and submit it via email to msme@venturecenter.co.in. We'll keep your proposal on record and if/when the MoMSME starts the next round, we will get in touch with you.

Venture Center also offers advisory services for fund raising. We are currently helping some innovator-entrepreneurs apply for DSIR's TePP funding scheme. Venture Center has also applied to the Technology Development Board (TDB) to set up a seed fund.

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MoMSME Support Grant for Technology Entrepreneurship

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