IIT Kanpur, SIIC Hosts Program on MSME Most Profitable

IIT Kanpur's SIIC spearheads MSME discourse, offering a platform for industry dialogue. Engage in discussions shaping the future of Micro, Small & Medium Enterprises

IIT Kanpur, SIIC, MSME Discourse, Industry Dialogue, Future Shaping, Engage


IIT Kanpur, SIIC Hosts Program on MSME Most Profitable

IIT Kanpur: The World Association for Small and Medium Enterprises (WASME) and the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur, with support from the Ministry of MSME, organized An Educational and One Day Awareness Program on Design Component of MSME Innovative Scheme at WASME. The program's purpose was to empower MSMEs by way of giving them advice on how to take advantage of the scheme's potential.

The MSME Design Scheme is intended to assist MSMEs in all sides of design and assist them in accomplishing their objectives connected to layout. It presents financial assist as much as Rs. 2.five lakh for college students engaged in layout development and among Rs. 15 and forty lakh for MSMEs. Dr. Riddhi Mahansaria, Manager of SIIC IIT Kanpur, oversees the initiative.

Prominent dignitaries including Mr. Rony Banerjee, advisor at EY, and Dr. Sanjeev Layek, government secretary of WASME, graced the occasion, presenting a forum for considerate conversations at the subtleties of the MSME scene in India. Dr. Sanjeev Layek emphasized the importance of MSMEs to the Indian economic device and advised members to efficaciously provide answers and boom their have an impact on by making use of this machine. The importance of Design Thinking in the method of developing new products modified into addressed through Mr. Rony Banerjee.

Highest package of IIT Kanpur

Information (2023)
the highest package deal (PPO)
INR four crore in line with annum
the best home bundle
INR 1.ninety crore in line with annum
Students time-honored task offers
No. of offers made
1,two hundred

Every incubate organization incubated at SIIC may additionally pick out one Industry mentor within six months from the date of becoming a member of incubation centre. In case the incubate opts for an organization mentor the incubate organization has to offer minimal 1% of fairness to the mentor as a attention of mentorship.

 What is MSME?

MSMEs will be capable of get admission to steering on all design-related subjects way to the Design Scheme. It aids MSMEs in understanding and accomplishing their desires on the subject of design. Experienced designers will provide this professional propose for developing new merchandise and enhancing the portfolio of already-present ones.

Which MSME innovation scheme is that this?

In order to elevate consciousness among MSMEs approximately India's innovation and inspire them to grow to be MSME Champions, MSME Innovative is a new idea for MSMEs that mixes innovation in incubation, layout intervention, & by using defensive IPR in a unmarried mode technique.

Who qualifies for the MSME application?

Who is qualified to register as an MSME? Applications for MSME registration are open to any organisation that meets the MSME category standards for Micro, Small, and Medium-Sized Enterprises. An individual can not practice for MSME registration.

To positioned it certainly, what is an MSME?

Micro, Small, and Medium Enterprises is an acronym for those sorts of agencies. MSMEs fall underneath categories as in step with the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006: Any industry that produces or manufactures items is taken into consideration a manufacturing firm.


  • A credit score-related capital subsidy scheme designed to improve technology.
  • Reimbursement scheme and ISO 9000 certification
  • Participation in International Fairs.
  • Price Preference Policy and Purchase
  • Prime Minister's Rozgar Yojana- PMRY
  • Credit Guarantee Scheme.