ASPIRE Scheme (A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship)

Purpose

The scheme aims to establish Livelihood Business Incubators (LBIs) and support entrepreneurship development in rural and agro-based sectors. It promotes innovation, employment generation, and rural industrialization.
[nimsme.gov.in],

Key documents

Organization registration certificate, project proposal, details of infrastructure, financial statements, institution profile, bank details, and other documents prescribed in the scheme guidelines.
[nimsme.gov.in]

Relevant Government Reference / Government Resolution / Orders / Circulars

ASPIRE (A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship) is implemented by the Ministry of MSME to promote innovation, entrepreneurship, and agro-rural industries.
[nimsme.gov.in],
[my.msme.gov.in]

Online Facility Available

Available throughout India for eligible institutions, incubators, and entrepreneurship promotion organizations.
[nimsme.gov.in],
[sansad.in]

Online Application Link

aspire.msme.gov.in

Applicable Fee

No application fee prescribed under the scheme.
[nimsme.gov.in]

Mode of Fee Payment

Not Applicable.

Decision-Making Authority

Office of Development Commissioner (MSME), Ministry of MSME
[my.msme.gov.in],
[nimsme.gov.in]

Important Eligibility Conditions

For Host Institutions / Incubators

Government institutions, universities, technical institutes, research institutions, NGOs, industry associations, and private organizations may apply for setting up Livelihood Business Incubators (LBIs).
[my.msme.gov.in]

Proposal must be routed through a designated Mentor Institute.

Ministry of Micro, Small and Medium Enterprises (MSME), Government of India
[nimsme.gov.in],
[my.msme.gov.in]

Time Required for Decision

Proposal is evaluated through Mentor Institute and approved by the Ministry of MSME. Duration depends on scrutiny and approval process.
[msme1conne… up.gov.in],
[my.msme.gov.in]

Online Grievance Redressal Link

champions.gov.in and Ministry of MSME grievance mechanisms.
[my.msme.gov.in],
[nimsme.gov.in]

Office Address

Office of Development Commissioner (MSME), Ministry of MSME, Nirman Bhawan, New Delhi – 110011.
[my.msme.gov.in],
[nimsme.gov.in]

Contact Telephone Number

MSME Helpline: 011-23063288 / MSME Samadhaan & Champions Helpdesk.
[nimsme.gov.in],
[my.msme.gov.in]

Official Contact Email ID

js.ari@nic.in (for ASPIRE scheme related communication).

Beneficiary:

As mentioned above

Benefits:

Establishment of incubation centres, support for startup creation, entrepreneurship development, skill training, employment generation, and financial assistance for plant & machinery and operational expenses. [nimsme.gov.in], [my.msme.gov.in]