MSME IDEA HACKATHON 2022

Union Minister for MSME, Narayan Rane has announced the MSME Innovative Scheme (Incubation, Design, and IPR) as well as the MSME IDEA HACKATHON 2022. Shri Rane, speaking on the occasion, stated that MSMEs play an essential role in Atmanirbhar Bharat. He claims that these programmes will assist entrepreneurs in launching new businesses.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • MSME Innovation” Scheme, according to the Minister of State for MSME Shri Bhanu Pratap Verma, will develop and foster latent innovation in the MSME sector.
  • During the opening of the MSME Innovation Scheme, Shri B.B Swain, Secretary MSME, made the keynote address, stating that it will serve as a hub for innovation activities, facilitating and directing the development of ideas into viable business propositions that benefit society directly.
  • MSME Innovative is a comprehensive approach that unifies, synergizes, and converges three sub-components and interventions to achieve a single goal.
  • MSME Innovative is a novel idea for MSMEs that combines incubation, design intervention, and IPR protection in a single-mode approach to raise awareness about India’s innovation and drive MSMEs to become MSME Champions.
  • This will serve as a focal point for innovation efforts, enabling and leading the transformation of ideas into viable business propositions that benefit society and can be successfully commercialised.

Find More Summits and Conferences Here

Recent Posts

Brookfield to Invest $1 Billion to Build Asia’s Largest GCC in Maharashtra

Brookfield Asset Management has announced a major investment of $1 billion to develop Asia’s largest…

12 mins ago

Year Ender 2025: Major Constitutional Amendments, Laws, Judgments & Appointments in India

The year 2025 emerged as a landmark period in India’s constitutional and governance history. It…

1 hour ago

MSME Ministry Signs MoU with Amazon For Vishwakarma Artisans

The Ministry of Micro, Small and Medium Enterprises (MSME) has signed a Memorandum of Understanding…

2 hours ago

Chhattisgarh Gets Its First Ramsar Site: Kopra Reservoir Declared Wetland of International Importance

Chhattisgarh has achieved a major environmental milestone with the declaration of the Kopra Reservoir in…

2 hours ago

Insurance Amendment Bill 2025: Cabinet Approves 100% FDI in Indian Insurance Firms

A Major Reform for the India’s financial sector, the Union Cabinet has approved the Insurance…

3 hours ago

National Energy Conservation Day 2025: Meaning, Importance, and Observance in 2025

National Energy Conservation Day is observed in India every year on 14 December to spread…

3 hours ago