ASPIRE
A Scheme for Promotion of Innovation, Rural Industry & Entrepreneurship (ASPIRE) · Ministry of MSME
ASPIRE promotes agri-business and rural entrepreneurship through livelihood business incubators (LBI) and technology business incubators (TBI). Individual entrepreneurs get seed funding, mentoring, and incubation support. Government grants ₹1 crore to TBIs that support MSMEs in the agri-food sector.
📋 Eligibility Criteria
- Entrepreneurs in agri-business, food processing, or rural value-chain sectors
- Willing to join a livelihood or technology business incubator under ASPIRE
- New business ideas or early-stage ventures
📁 Documents Required
💡 Tip: Get our ₹499 PDF report for a bank-specific document checklist — some banks ask for additional docs not on this official list.
🚀 How to Apply
- 1
Find an ASPIRE-registered Livelihood Business Incubator (LBI) near you
- 2
Apply to the LBI with your business idea
- 3
LBI provides incubation: workspace, mentoring, market linkage
- 4
Access seed capital through the LBI network
❓ ASPIRE FAQ
ASPIRE scheme kiske liye sabse best hai?
Agri-food sector ke naye entrepreneurs ke liye — dairy, food processing, packaged goods, organic farming value-add. Rural areas mein sabse zyada benefit milta hai.
Last verified: 2026-06-01 · Source: Ministry of MSME