A Scheme for Promotion of Innovation, Rural Industry & Entrepreneurship (ASPIRE)

Create new jobs and reduce unemployment. Promote entrepreneurship culture in India. Grassroots economic development at district level. Facilitate innovative business solution for un-met social needs. Promote innovation to further strengthen the competitiveness of MSME sector.

To set up a network of technology centers, incubation centres to accelerate entrepreneurship and also to promote start-ups for innovation and entrepreneurship in rural and agriculture based industry.

The planned outcomes of ASPIRE are setting up Technology Business Incubators (TBI), Livelihood Business Incubators (LBI) and creation of a Fund of Funds for such initiatives with SIDBI.

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