Aspire - A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship in Kochi
ASPIRE
Ministry of Micro, Small and Medium Enterprises
Guidance for businesses in Kochi
ASPIRE was launched to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and to promote start-ups for innovation in the agriculture industry, with the following objectives: to generate employment opportunities by facilitating formal, scalable micro-enterprise creation; and to skill, up-skill, re-skill unemployed, existing self-employed/wage earners in new technologies.
At a glance
- Scheme Name
- ASPIRE
- Nodal Ministry
- Ministry of Micro, Small and Medium Enterprises
- Focus
- Innovation, rural industries & entrepreneurship
- Mechanism
- Technology centres and incubation centres
- Goal
- Employment via scalable micro-enterprises
- Website
- aspire.msme.gov.in
Benefits
Promotes innovation to further strengthen the competitiveness of the MSME sector.
Sets up a network of technology centres and incubation centres to accelerate entrepreneurship and promote start-ups.
Generates employment opportunities by facilitating formal, scalable micro-enterprise creation, and skills/up-skills/re-skills unemployed and existing self-employed/wage earners in new technologies.
Eligibility
- Existing training centres.
- Industry Associations.
- Academic Institutions.
Documents required
- Registration/incorporation certificate of the applicant institution (training centre / industry association / academic institution)
- Detailed project proposal for the technology/incubation centre
- Infrastructure and facility details
- PAN and bank account details of the organization
- Any other document as required by the Ministry of MSME
How to apply
Eligible institutions (existing training centres, industry associations, and academic institutions) should apply through the official ASPIRE portal of the Ministry of Micro, Small and Medium Enterprises (https://aspire.msme.gov.in/ASPIRE/AFHome.aspx). Register, submit the detailed project proposal for setting up a technology/incubation centre along with the required documents, and follow the Ministry's evaluation process. For queries, contact [email protected].
About the scheme
ASPIRE — A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship, run by the Ministry of Micro, Small and Medium Enterprises — sets up a network of technology centres and incubation centres to accelerate entrepreneurship and promote start-ups for innovation in the agriculture/rural industry. It aims to generate employment through scalable micro-enterprises and to skill, up-skill, and re-skill workers in new technologies.
Why it matters
- Rural Entrepreneurship:
- Accelerates start-ups in rural/agri industry.
- Employment:
- Generates jobs via scalable micro-enterprises.
- Skilling:
- Skill, up-skill, and re-skill in new technologies.
- Innovation:
- Strengthens the competitiveness of the MSME sector.
Focus areas
- Technology Centres:
- A network of technology centres.
- Incubation:
- Incubation centres for start-ups.
- Rural Industries:
- Innovation in agriculture and rural industry.
Is this scheme right for you?
ASPIRE builds a national network of technology and incubation centres to spark rural innovation and entrepreneurship — creating jobs and strengthening the MSME sector. If you are a training centre, industry association, or academic institution, this scheme can help you set up entrepreneurship infrastructure.
Official links
Links open the issuing department's website. Always confirm the current terms there before applying.
Frequently asked questions
What is the ASPIRE scheme?
ASPIRE — A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship — is a Ministry of MSME scheme that sets up a network of technology centres and incubation centres to accelerate entrepreneurship and promote start-ups for innovation in the agriculture/rural industry.
Which ministry runs the ASPIRE scheme?
The scheme is run by the Ministry of Micro, Small and Medium Enterprises.
What are the objectives of ASPIRE?
To generate employment opportunities by facilitating formal, scalable micro-enterprise creation, and to skill, up-skill, and re-skill unemployed and existing self-employed/wage earners in new technologies.
Who is eligible to apply under ASPIRE?
Existing training centres, Industry Associations, and Academic Institutions are eligible.
What is the main benefit of the scheme?
It promotes innovation to further strengthen the competitiveness of the MSME sector, through a network of technology and incubation centres.
How can I apply for the ASPIRE scheme?
Eligible institutions can apply through the official ASPIRE portal of the Ministry of MSME (https://aspire.msme.gov.in/ASPIRE/AFHome.aspx). For queries, contact [email protected].
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