REAP Code: 021

Support for Entrepreneurial and Managerial

Development of MSMEs through Incubators

Development Commissioner, Micro, Small & Medium Enterprises, Government of India

Nirman Bhavan, New Delhi-110 108, www.dcmsme.gov.in

 

1.       RECOGNITION

Kautilya Institute of Technology & Engineering  is recognized as INCUBATION CENTER for “Support for Entrepreneurial and Managerial Development of MSMEs through Incubators” by Office Of The Development Commissioner (Micro, Small & Medium Enterprises) Ministry Of Micro, Small & Medium Enterprises Government Of India Nirman  Bhawan, 7th Floor, Maulana Azad Road,                      New Delhi -110 108 ,   By letter No. 3(11)/2016/NMCP/21stMeeting ,Dated: 9th August 2016.

 

2.      OBJECTIVE

The main objective of the scheme is to promote emerging technological and knowledge based

innovative ventures that seek the nurturing of ideas from professionals beyond the traditional activities of Micro, Small & Medium Enterprises (MSMEs). Such entrepreneurial ideas have to be fostered and developed in a supportive environment before they become attractive for venture capital.

 

3.      FINICIAL SUPPORT

 Under this scheme, 100 “Business Incubators” (BIs) are to be set up under Technology (Host) Institutions over the next 4 years [@ say 25 per year] and each BI is expected to help the incubation of about 10 new ideas or units. For this service, which includes the provision of laboratory/workshop facilities and other assistance/guidance to young innovators, each BI will be given between Rs.4 lakh and Rs. 8 lakh per idea/unit nurtured by them, limited to a total of Rs. 62.5 lakh for the ten units. In addition, each BI or each Host Institution may get:

 

Items @ per BI

(a) Upgradation of infrastructure                     Rs. 2.50 lakh

(b) Orientation/Training                                   Rs. 1.28 lakh

(c) Administrative Expenses                             Rs. 0.22 lakh

Total                 Rs  4 lac

 

Sl.No

Items

Likely Expenditure (Rs. in lakhs)

1.

Technology fee

2.00
2.

Telephone, Fax, Computer facility, etc.

0.25

3.

Machinery hiring or leasing fro outside

1.00

4.

Guidance fee for mentors/ handholding persons, etc.

2.00
5.

Electricity, accommodation charges, etc.

1.00
 

Total

6.25

Total for each incubation center for 10 ideas = Rs 6.25*10 +4 =Rs 66.50 Lac

Thus the total assistance per BI -                    Rs. 66.50 lakhs

 

 

AN OPEN INVITATION

Business incubation opportunities at KAUTILYA, JAIPUR

Kautilya Institute Of Technology & Engineering , Sitapura ,Jaipur , an incubation center of central government (MSME)  invites all concern to express willingness to carry out incubating activities in the process of preparing (to create) new Startups.

Funding:- 75 % finance from central government (MSME) – Around Rs 4.5 Lac

Eligibility:- Students/faculties/new start ups /professionals

Facilities Available:- Technical/legal/finical guidance.

 

Furnished/Semi-furnished/Unfurnished space/office/lab/hostel facility as per the requirement of the entity.

Submissions of application- follow the link- https://goo.gl/forms/9Oywn5cFhadUX96j2


 

 

 

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Support for Entrepreneurial and Managerial

Development of MSMEs through Incubators

Development Commissioner, Micro, Small & Medium Enterprises, Government of India

Nirman Bhavan, New Delhi-110 108, www.dcmsme.gov.in

 

1.       RECOGNITION

Kautilya Institute of Technology & Engineering  is recognized as INCUBATION CENTER for “Support for Entrepreneurial and Managerial Development of MSMEs through Incubators” by Office Of The Development Commissioner (Micro, Small & Medium Enterprises) Ministry Of Micro, Small & Medium Enterprises Government Of India Nirman  Bhawan, 7th Floor, Maulana Azad Road,                      New Delhi -110 108 ,   By letter No. 3(11)/2016/NMCP/21stMeeting ,Dated: 9th August 2016.

 

2.      OBJECTIVE

The main objective of the scheme is to promote emerging technological and knowledge based

innovative ventures that seek the nurturing of ideas from professionals beyond the traditional activities of Micro, Small & Medium Enterprises (MSMEs). Such entrepreneurial ideas have to be fostered and developed in a supportive environment before they become attractive for venture capital.

 

3.      FINICIAL SUPPORT

 Under this scheme, 100 “Business Incubators” (BIs) are to be set up under Technology (Host) Institutions over the next 4 years [@ say 25 per year] and each BI is expected to help the incubation of about 10 new ideas or units. For this service, which includes the provision of laboratory/workshop facilities and other assistance/guidance to young innovators, each BI will be given between Rs.4 lakh and Rs. 8 lakh per idea/unit nurtured by them, limited to a total of Rs. 62.5 lakh for the ten units. In addition, each BI or each Host Institution may get:

 

Items @ per BI

(a) Upgradation of infrastructure                     Rs. 2.50 lakh

(b) Orientation/Training                                   Rs. 1.28 lakh

(c) Administrative Expenses                             Rs. 0.22 lakh

Total                 Rs  4 lac

 

Sl.No

Items

Likely Expenditure (Rs. in lakhs)

1.

Technology fee

2.00
2.

Telephone, Fax, Computer facility, etc.

0.25

3.

Machinery hiring or leasing fro outside

1.00

4.

Guidance fee for mentors/ handholding persons, etc.

2.00
5.

Electricity, accommodation charges, etc.

1.00
 

Total

6.25

Total for each incubation center for 10 ideas = Rs 6.25*10 +4 =Rs 66.50 Lac

Thus the total assistance per BI -                    Rs. 66.50 lakhs

 

 

AN OPEN INVITATION

Business incubation opportunities at KAUTILYA, JAIPUR

Kautilya Institute Of Technology & Engineering , Sitapura ,Jaipur , an incubation center of central government (MSME)  invites all concern to express willingness to carry out incubating activities in the process of preparing (to create) new Startups.

Funding:- 75 % finance from central government (MSME) – Around Rs 4.5 Lac

Eligibility:- Students/faculties/new start ups /professionals

Facilities Available:- Technical/legal/finical guidance.

 

Furnished/Semi-furnished/Unfurnished space/office/lab/hostel facility as per the requirement of the entity.

Submissions of application- follow the link- https://goo.gl/forms/9Oywn5cFhadUX96j2


 

 

 

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