Key aspects of the scheme :
- Funding of up to ₹40 lakh, based on the verified cost of delivering your Pilot PO/WO
- Equity allotted to the Incubator
- The equity is capped at 3% of fully diluted post-money shareholding.
- Fund Disbursement may take 4-5 months from Call of Application
Please check https://mshportal.meity.gov.in/ext/form/24447/1/apply for further details