Provided by: Ministry of Micro, Small and Medium Enterprises (MSME)
Verified by our research team on 8 Jul 2026
Funding Support
Variable
Application Deadline
Open / Rolling
Official Website
Not listed
MSME Ministry scheme promoting innovation and rural entrepreneurship through a network of Livelihood Business Incubators (LBIs) and Technology Business Incubators (TBIs). Funding under ASPIRE differs by incubator type: Livelihood Business Incubators (LBIs) can receive up to ₹75 lakh in scheme support while Technology Business Incubators (TBIs) can receive up to ₹1 crore, with the incubator — not the individual founder — being the direct grant recipient. Founders instead access product development, branding, regulatory-compliance, and market-linkage assistance indirectly through whichever LBI or TBI they are incubated at, so outcomes depend significantly on that specific incubator's sector focus and maturity.
Startup Stage
All stages
Industry Sectors
All sectors
State Limitation
Pan-India
DPIIT & MSME Recognition
DPIIT Not Mandatory • MSME Required
NIDHI i-TBI (Inclusive TBI Ignition)
Ignition grant Rs 2-10 Lakh (via incubator)
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MSME Registration
Business Plan
Project Report