IITK, Ministry of MSME to support 7 enterprises for design projects

The Design Innovative Scheme by the Ministry of MSME provides grants to the final year UG and PG students engaged in design development and MSMEs working in the design domain. 

IIT Kanpur’s technology business incubator Startup Incubation and Innovation Centre (SIIC) has partnered with the Ministry of Micro, Small and Medium Enterprises (MSME) to facilitate the MSME Design Innovative Scheme and leverage design expertise/design fraternity for the betterment of the Indian manufacturing sector. Under the partnership, select startups will be given grant-in-aid for developing prototypes. 

The Design Innovative Scheme by the Ministry of MSME provides grants to the final year undergraduate and postgraduate students engaged in design development and MSMEs working in the design domain. The grant for the students is up to INR 1.5 lakh, while it ranges between INR 15 and INR 40 lakh for the MSMEs. These funds are awarded for one year for the development of select prototypes. 

IIT Kanpur is an implementing agency for Design Innovative Scheme by the Ministry of MSME. During the 3rd PMAC (Project Monitoring and Advisory Committee), seven projects by seven enterprises have been approved for prototype development. The seven enterprises that will get grant-in-aid are M/S Asatrobo Technologies Pvt Ltd: ‘Drones for Drone Light Show’; M/S Kanpur Writers: ‘Industrial Electronic Controller for Pen Point Welding Machine’; M/S Water N Spices Foodsz Pvt. Ltd.: ‘Automatic Stuffing Dispenser, IoT with remote control’; Villa Mart Pvt. Ltd.: ‘IoT based portable jaggery maker’; M/S Agronxt Services Pvt. Ltd.: ‘Affordable Weather cum Insect monitoring station with Integrated Advisory and Prediction system’; M/S LCB Fertilizers Pvt. Ltd.: ‘Nanocoated seed’ and M/S Acquafront Infrastructure Pvt. Ltd.: ‘RCC Floating Photo Voltaic (FPV) Beams’. 

Ankush Sharma, Prof-in-charge, Innovation and Incubation, IIT Kanpur, said, “IIT Kanpur is paving the path to promote the manufacturing industry by developing innovative technologies that will bring a significant global revolution to strengthen the self-reliant initiative.” 

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