A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE)
Objective:
• To set up a network of Livelihood Business Incubators (LBIs), predominantly in the rural and underserved areas, to promote innovation and accelerate entrepreneurship for the following :
• Generate employment opportunities by facilitating formal, scalable micro-enterprise creation in the agro-rural sector.
• Skill, up-skill, re-skill unemployed, self-employed/ wage earners in new technologies in the agro-rural sector.
• Provide skilled human capital to nearby industrial clusters and promote innovations for strengthening the competitiveness in the MSME sector.
Key Benefits:
•Maximum of INR 1 crore. to Government agencies & INR 75 lakh to Private agencies for procuring plant and machinery.
•Maximum of INR 1 crore. to Government and Private agencies as operational expenditure support towards manpower cost, running incubation and skill development programmers, etc.
• To set up a network of Livelihood Business Incubators (LBIs), predominantly in the rural and underserved areas, to promote innovation and accelerate entrepreneurship for the following :
• Generate employment opportunities by facilitating formal, scalable micro-enterprise creation in the agro-rural sector.
• Skill, up-skill, re-skill unemployed, self-employed/ wage earners in new technologies in the agro-rural sector.
• Provide skilled human capital to nearby industrial clusters and promote innovations for strengthening the competitiveness in the MSME sector.
Key Benefits:
•Maximum of INR 1 crore. to Government agencies & INR 75 lakh to Private agencies for procuring plant and machinery.
•Maximum of INR 1 crore. to Government and Private agencies as operational expenditure support towards manpower cost, running incubation and skill development programmers, etc.
