In respect of Livelihood Business Incubators (LBIs) to be set up by any Institution/agency of GOI/State Govt. on its own or by any of the agency/organization of the M/o MSME, one-time grant of 100% of cost of Plant & Machinery other than the land and infrastructure or an amount up to 1NR 100 Iakh, whichever is less to be provided.
In case of LBIs to be set up by Private applicants, a one-time grant of 75% of cost of Plant & Machinery other than the land and infrastructure or 1NR 15,00 lakhs, whichever is less to be provided.
A total number of 125 such centers are being targeted to be set up under this component between 2021-22 to 2025-26.
Subsidy
To whom / eligible ?
To whom?
Eligibility
Any agency/institution of Government of India/ State government or existing training centres under
Ministries/Departments of Government of India/State Government, Industry Associations, Academic Institutions
Any not-for-profit private institutions with experience in successfully executing incubation and/or skill development programs may be eligible to set up an LBI.
