Question : Business Incubators

(a) the details of business incubators set up under MSME scheme;

(b) the details of funds allocated for this scheme from the date of initiation of the scheme;

(c) the details of businesses set up through this scheme, State-wise; and

(d) the details of the innovative business ideas that received funding through the scheme?

Answer given by the minister

MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI NARAYAN RANE)

(a): 124 Business Incubators {Livelihood Business Incubator (LBI) -102; Technology Business Incubator (TBI)-22} have been sanctioned under A Scheme for Promoting Innovation, Rural Industry and Entrepreneurship (ASPIRE) under Ministry of MSME. The details of Business Incubators under ASPIRE scheme in Annexure- I.

(b): A total of Rs. 725 crore of fund is allocated from the initiation of the ASPIRE scheme. Details are given below:


Year Budget Outlay (Rs. in Cr.)
2014-15 210.00
2015-16
2016-17
2017-18 470.00
2018-19
2019-20
2020-21 30.00
2021-22 15.00
TOTAL 725.00


(c) & (d): A total of 47 registered Startups were incubated by the TBIs under ASPIRE scheme. The details of business set up under ASPIRE scheme in Annexure- II.

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