INVITATION FOR
SUBMISSION OF PROPOSALS Under Scheme for
Providing Support for “Entrepreneurial and Managerial Development of SMEs
through Incubators”
About
the Scheme:
The scheme aims at
nurturing innovative business ideas (new and/or ingenious technology, processes,
products, etc.) which could be commercialized in a year.
Level
of Funding: About Rs - 6.25 Lakh per Innovative Business Idea.
Who
can Apply:
Anybody
(individual/Micro and Small Enterprises) having innovative business idea at
near commercialization stage within a period of 12 months of approval of
funding can apply. 10 Ideas whose expectations meet the Objectives / Guidelines
of the Scheme, will be shortlisted for approval by the Management Committee at the
MSME-TBI at JNTUH. The Incubate Application format can be obtained from the
Bulletin Board of the website of the University www.jntuh.ac.in or
from website of DC-MSME. Incompletely filled Incubate Applications will be rejected.
Prospective
Areas of Funding:
Innovative Ideas related to
domains of Engineering and Allied Industries, Bio- Technology, Pharmaceuticals,
Information Technology and Nano-Technology. However, any other Products or Processes
which are Innovative in nature, not limiting to the domains mentioned above,
can also apply for funding.
How
to Apply:
Innovators with concise abstracts
about their Business Ideas and Business Plans on commercialization may approach
the Office of MSME-TBI, JNTUH on or before 18th December, 2012 by 6.00 p.m. from
the day of publication of this advertisement. An Innovators camp will be
conducted in the last week of
December, 2012 at
J.N.T.U.H where the aspirant Innovators will have to present their Innovative
Ideas to the local screening committee of MSME-TBI, JNTUH, College of
Engineering Hyderabad.
For Further Details
Visit
http://www.dcmsme.gov.in/schemes/incubator.htm