MSME Champions
15% capital subsidy for technology upgradation and modernization
15%
Cap Subsidy
6-12 months
Timeline
Overview
The MSME Champions scheme provides integrated support for technology upgradation (CLCSS), design, and quality certification.
Eligibility Criteria
Key Benefits
15% upfront capital subsidy on machinery cost
Max subsidy up to ₹15 Lakh
Reduced cost of technology modernization
Access to professional design consultants
Support for IP and ZED certification
Required Documents
Application Process
Step 1
Choose machinery from approved tech list
Step 2
Apply for term loan with CLCSS mention
Step 3
Bank uploads subsidy claim on portal
Step 4
Machine inspection and verification
Step 5
Subsidy release to loan account
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