PIB | 21 Jul, 2022
The
Ministry of Micro, Small and Medium Enterprises (MSME) has taken
several initiatives for providing an impetus to promote creativity,
innovation and entrepreneurship.
These inter-alia include Entrepreneurship
and Skill Development Programme (ESDP), MSME Champions Scheme and Prime
Minister`s Employment Generation Programme (PMEGP) to motivate
youth representing different sections of the society to consider self
employment or entrepreneurship and enhancing competitiveness of
manufacturing MSMEs in the country.
Financial Assistance is being provided for innovation, design and
protection of Intellectual Property Rights (IPR) in MSME sector under
MSME Innovative component of MSME Champions Scheme launched on
10.03.2022. During the current Financial Year 2022-23, 257 ideas under
MSME Idea Hackathon 2022, reimbursement of 1196 Trademarks, 186 Patents,
53 Design and 11 Geographical Indication (GI) have been approved for
providing financial assistance with an estimated cost of Rs. 34.00
Crore.
This
information was given by Minister of State for Micro Small and Medium
Enterprises Bhanu Pratap Singh Verma in a written reply to the Lok
Sabha.