⚙️
Subsidy6-12 months
MSME Champions
15% capital subsidy for technology upgradation and modernization
Subsidy
Category
15%
Cap Subsidy
6-12 months
Timeline
95%
Success Rate
About This Scheme
The MSME Champions scheme provides integrated support for technology upgradation (CLCSS), design, and quality certification to help MSMEs stay competitive globally.
Eligibility Criteria
- 1Registered MSMEs with Udyam
- 2New and existing manufacturing units
- 3Using approved 'Technical' machinery
- 4Loan sourced from eligible PLIs
- 5Specific sub-sectors approved by Ministry
Key Benefits
Benefit 1
15% upfront capital subsidy on machinery cost
Benefit 2
Max subsidy up to ₹15 Lakh
Benefit 3
Reduced cost of technology modernization
Benefit 4
Access to professional design consultants
Benefit 5
Support for IP and ZED certification
Application Process
1
Step 1
Choose machinery from approved tech list
2
Step 2
Apply for term loan with CLCSS mention
3
Step 3
Bank uploads subsidy claim on portal
4
Step 4
Machine inspection and verification
5
Step 5
Subsidy release to loan account
Exclusive MSME Access
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