MSME Trade Enablement and Marketing Initiative (MSME TEAM Initiative) 2024
The MSME TEAM Initiative, under the World Bank-supported RAMP program, facilitates the digital onboarding of 5 lakh Micro and Small Enterprises (MSEs) onto the ONDC network. It provides financial assistance for digital cataloguing, account management, logistics, packaging material, and packaging design, with 50% of the target reserved for women-owned MSEs. The scheme has an overall outlay of ₹27,735 lakhs and is operative from FY 2024-25 to FY 2026-27.
Key Summary
This is one of the schemes your company may qualify for
Create a free account to see the full facts, eligibility, application process and document checklist for this scheme — and every other incentive your business qualifies for. No card required.
- Full scheme facts & eligibility
- Step-by-step application process
- Required-documents checklist
Related schemes
All schemes →Emergency Credit Line Guarantee Scheme (ECLGS) 5.0
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 provides 100% credit guarantee coverage for MSMEs and 90% for non-MSMEs and the airline sector on additional credit facilities. It aims to help businesses tide over short-term liquidity mismatches arising from the West Asia crisis. The scheme is operative until March 31, 2027, or until the total guarantee limit of ₹2,55,000 crore is reached.
MSME CHAMPIONS Scheme
The CHAMPIONS portal is a unified single-window platform launched by the Ministry of MSME to assist, handhold, and resolve grievances for MSMEs across India. It utilizes AI and ML to route complaints, provide advisory services in finance, marketing, and technology, and facilitate access to central and state schemes. The platform operates through 69 control rooms and supports 11 regional languages.
National Scheduled Caste and Scheduled Tribe Hub (NSSH) Scheme 2025
The National SC-ST Hub (NSSH) Scheme targets SC/ST owned Micro and Small Enterprises to enhance their capacity and promote public procurement participation. Key incentives include a 25% Special Credit Linked Capital Subsidy (SCLCSS) up to Rs. 25 Lakh, various competitiveness reimbursements, and marketing assistance. The scheme is operative till March 31, 2026, with a total outlay of Rs. 588 crore.