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Assistance to Entrepreneurs in the Incubation Center

Assistance to Entrepreneurs in the Incubation Center

The scheme envisages that the Incubatees will be individuals of the following categories:

  • Degree or Diploma holders of any disciple related to textile, apparel, fashion design, etc.,
  • First generation entrepreneurs

The scheme provides the following financial assistance to each of the incubatee towards capacity building.

Skill Development for Workers: The scheme provides Rs.20 lakhs per incubatee towards training of 200 workers. The training should be carried out for 3 months in accordance with the norms prescribed by the Integrated Skills Development Scheme of the Ministry of Textiles.

Domestic & International Fair Participation: The scheme provides Rs.5 lakh per incubatee for visit to 3 domestic exhibitions on textile industry and 1 international fair participation.

Product Design & Development: The scheme provides Rs.5 lakh per incubatee towards training on product design and development.

Entrepreneurship Development: The scheme provides Rs.1 lakh per incubatee towards training on entrepreneurship development.

Hence, the scheme for Incubation Center for Apparel Manufacturing provides Rs.31 lakh in financial assistance for each of the Entrepreneur in the Incubation Center.

Assistance to Entrepreneurs in the Incubation Center

Procedure of Demerger and Checklist For Demerger

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