It is a central sector scheme with budgetary support of Rs. 498.80 crore for the next 5 years from 2021-22 to 2025-26
The objective of the scheme is to provide financial support to nearly 300 Startups/ MSMEs/ individual innovators and about 20 Partner incubators through Defence Innovation Organisation (DIO).
Eligibility
Startups, as defined and recognized by Government of India.
Any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small and Medium Enterprises (MSME)
Individual innovators (research & academic institutions can use this category to apply).