MSME Champions Scheme
The MSME Champions Scheme helps enterprises improve quality, productivity, innovation and competitiveness through support for ZED certification, Lean practices and innovation.
Eligibility Criteria
- Must be an MSME with valid Udyam Registration
- Applicable to: Manufacturing units, Service sector enterprises
- Preferably operational with proven performance
- Willing to adopt: Quality improvement, Lean practices, Innovation-driven processes
- Innovation-driven individuals can apply as incubatees through Host Institutes
Benefits
- Financial Support:
- 15% capital subsidy (up to ₹1 crore)
- Up to 20% subsidy for: SC/ST entrepreneurs, Women entrepreneurs, Units in NER/Hill States
- Access to ₹10,000 crore SME Growth Fund
- Technology & Modernisation:
- Access to Technology Centres (TCs)
- Support for: Machinery upgrades, Automation adoption
- Capacity Building:
- Design support (up to 75% for micro units)
- IPR assistance (patent reimbursement)
- Lean manufacturing consultancy
- CHAMPIONS Portal Support:
- Grievance redressal (loans, raw materials, etc.)
- Business advisory: Marketing, Export, Compliance
- Digital adoption support
- Market & Growth Enablement:
- Access to invoice financing (TReDS)
- Startup and innovation ecosystem support
How to Apply
- Apply through: CHAMPIONS Portal
- Register and select relevant: Support category, Grievance type
- Submit Documentation: Udyam Registration, PAN, Aadhaar, GST
- Application Submission:
- Submit DPR/application under relevant sub-scheme: ZED, Lean, Innovation
- Verification:
- Processed by implementing agencies: District Industries Centres (DIC), KVIC, Coir Board
Documents Required
- Registration & KYC:
- Udyam Registration Certificate
- PAN & Aadhaar (owner/partners/directors)
- Financial Documents:
- Income Tax Returns (last 3 years)
- Compliance Documents:
- GST registration certificate
- Business & Banking Details:
- Bank account details (Account No., IFSC)
- Address proof of business
Important Disclaimer
We’ve simplified this scheme to help you understand it quickly. For the latest updates or detailed guidelines, you can always check the official government website.
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