SIIC IIT Kanpur organized 10 Design Awareness Programs, supported by the Ministry of MSME under the MSME Innovative Scheme

By India Education Diary Bureau Admin On Mar 30, 2023

Kanpur: Startup Incubation and Innovation Centre (SIIC), the technology business incubator of IIT Kanpur, organized a comprehensive ten-day awareness program aimed at promoting technology prototypes in and around Kanpur and the National Capital Region. The Ministry of Micro, Small, and Medium Enterprises (MSME) has acknowledged SIIC, IIT Kanpur as the Implementing Agency for the “Design” sub-component of the MSME Innovative Scheme. The ten awareness programs aim to create awareness about this sought-after scheme and promote technology interventions among aspiring MSMEs, innovators, budding entrepreneurs, and young minds looking to start their businesses.
The programs attracted participants from over 250 MSMEs, including budding innovators, early-stage MSMEs, and established enterprises from various industrial hubs and MSME clusters. The programs garnered enthusiastic participation from the participants, who presented their ideas that hold the potential to be converted into marketable products.
The Government is making various efforts to bolster the MSME sector by establishing institutions and developing a roadmap to overcome hurdles and drive growth. As a result of the unwavering support of the Ministry of MSME, Government of India, SIIC IIT Kanpur is emerging as a centre for innovative ideas and technological advancements. Through various programs, SIIC IIT Kanpur is striving to bridge the gap and facilitate the growth of the MSME ecosystem.
Under the scheme in 2020 -2022 FY, the Ministry of MSME, Government of India, has identified and recognized five enterprises, namely
• Kanpur Flowercycling Pvt. Ltd. (KFPL) (Phool. Co)
• Jalconserve Technologies Pvt. Ltd.
• Primary Healthtech Pvt. Ltd.
• Cultech Wave Pvt. Ltd.
• Biocraft Innovation Pvt. Ltd.
The shortlisted enterprises have been actively involved in developing sustainable prototypes that aim to foster the establishment of both toy and non-toy clusters featuring innovative designs. Moreover, in the current fiscal year (2022-23), the Ministry of MSME and IIT Kanpur have extended support to nine micro-enterprises to execute pioneering design projects. These enterprises have been selected under the Design Component of the MSME Innovation Scheme, thereby reflecting the government’s commitment to promoting innovation and growth in the MSME sector.