Home โ€บ Schemes โ€บ ASPIRE - Scheme for Promotion of Innovation and Rural Entrepreneurship
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ASPIRE - Scheme for Promotion of Innovation and Rural Entrepreneurship

Support for innovation and rural entrepreneurship

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Key Information
๐Ÿ’ฐ Loan/Subsidy Amount00โ‚น1Cr
๐Ÿญ Sectors Covered
Agriculture
Rural
Innovation
โœ… Status
Active & Accepting Applications
๐Ÿ“‹ About This Scheme

ASPIRE scheme promotes innovation and entrepreneurship in agro-industry through establishment of Livelihood Business Incubators (LBIs) and Technology Business Incubators (TBIs) in rural areas. Provides incubation support, funding, and mentorship.

Eligibility Criteria

Startups and enterprises in agro-based industries. Rural entrepreneurs, farmers, artisans. Focus on innovative business models in agriculture, food processing, and allied sectors.

Documents Required
  • Aadhar Card
  • Business Plan
  • Project Report
  • Bank Account
  • Rural Address Proof
๐ŸŽ Key Benefits

Funding support up to โ‚น1 crore for incubators, soft loan/grant to incubatees, mentorship and handholding, access to testing facilities, marketing support.

โ„น๏ธ

Data Accuracy Notice

Information verified as of March 2025 from official government sources. Scheme details, eligibility, and loan amounts may change. Always verify current information on the official portal before applying.

๐Ÿš€ How to Apply

Visit the official government portal to apply for this scheme. Make sure you have all required documents ready.

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