MCDP
Micro Cluster Development Programme
Micro Cluster Development Programme helps smaller businesses with technology, skills, and markets. They also aim to strengthen small businesses by forming groups, improving infrastructure, setting up common .
MCDP
Micro Cluster Development Programme
Micro Cluster Development Programme helps smaller businesses with technology, skills, and markets. They also aim to strengthen small businesses by forming groups, improving infrastructure, setting up common .
Key Benefits
- Quick Approvals: Projects less than Rs. 7.5 crores get instant approval from the Project Sanctioning Committee (PSC), speeding up the process.
Eligibility Criteria
- The applicant should be minimum18 years of age; and
- For General category: maximum 35 years of age.
- For Special category (SC/ ST/ MBC/ BC/ Minorities/Ex-Servicemen/ Differently-abled/ Transgender): maximum 45 years of age.
- The applicant should have passed 8th standard.
- The family income of the applicant should not exceed INR 5 lakh per annum.
- The applicant's contribution should be 10% of project cost for General category; or 5% for Special Category.
- Entrepreneurship Development Programme (EDP) training is mandatory.
- Project cost should not be more than INR 15 lakh for manufacturing, and INR 5 lakh for business/ service activities.
