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Subsidy

MSME Champions

15% capital subsidy for technology upgradation and modernization

15%

Cap Subsidy

6-12 months

Timeline

95%

Success Rate

Overview

The MSME Champions scheme provides integrated support for technology upgradation (CLCSS), design, and quality certification.

Eligibility Criteria

Registered MSMEs with Udyam

New and existing manufacturing units

Using approved 'Technical' machinery

Loan sourced from eligible PLIs

Specific sub-sectors approved by Ministry

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

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

Required Documents

Udyam Registration Certificate

Proforma Invoice for machinery

Bank Sanction Letter

Audited Financials (3 years)

Techno-Economic Viability Report

Quick Overview

CategorySubsidy

Timeline6-12 months

Cap Subsidy15%

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Ready to Apply for MSME Champions?

Our experts handle the entire application process — from eligibility assessment to documentation to final approval. Get started with a free consultation.

Start Application Call: +91 99980 35607

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