MSME Champions Scheme (erstwhile Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCS-TU)) (CLCS-TU)
Ministry of MSME
The MSME Champions Scheme helps MSMEs improve quality, adopt better technology, become more competitive, and grow through support for certification, innovation, design, and lean manufacturing.
Objectives
• Ministry of MSME had been implementing Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) for promoting competitiveness amongst Micro, Small and Medium Enterprises (MSMEs) by the way of wastage reduction through Lean Manufacturing, support for Design improvement, building awareness on Intellectual Property Rights, Zero Defect Zero Effect (ZED) Scheme, digitally empowerment of MSME through Digital MSME and to promote adoption of latest technologies in manufacturing as well as knowledge based innovation MSMEs through Incubation across India. • MSME Champions scheme has been formulated through Standing Finance Committee (SFC) by merging all 6 components of erstwhile Technology Upgradation Scheme (TUS) for a period of 5 years i.e., 2021-22 to 2025-26. • There are 3 components under the new MSME Champions scheme: • MSME-Sustainable (ZED) • MSME-Competitive (Lean) • MSME-Innovative (for Incubation, IPR, Design) Digital MSME (yet to be launched)
Who can apply?
- MSMEs
What do you get?
- Subsidy on cost of ZED certification, Financial Assistance in Testing/Quality/Product, Handholding Support, Support in Technology Upgradation for Zero Effect, MSME KAWACH (Knowledge Acquisition through WASH for an Accelerated COVID-19 Handling) Certification, Graded incentives.
How to apply
Apply here: https://champions.gov.in/Government-India/Ministry-MSME-Portal-handholding/msme-problem-complaint-welcome.htm