MSME CENTRE OF EXCELLENCE
Indian Institute of Science
A joint initiative with the Ministry of MSME, Government of India
In search of Excellence in Innovation

Financial Assistance

IISc-Bangalore will be involved in activities as set out above. IISc will assist and mentor the proposer in developing suitable technology till the prototype stage and hand over the same to the proposer/MSMEs for developing final prototypes which shall be tested and validated by him for its intended performance. All duly-approved proposals may be taken up for possible and permissible financial assistance up to 50% of the cost initially not exceeding the following amounts, under the Design Clinic Scheme of NMCP as per the following :

  • Group of up to and including three MSEs : 9.0 lakhs
  • Group of more than three MSMEs : 15.0 lakhs