MSME Champions Scheme (erstwhile Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCS-TU))
The MSME Champions Scheme helps MSMEs improve quality, adopt better technology, become more competitive, and grow through support for certification, innovation, design, and lean manufacturing. Ministry of MSME had been implementing Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) for promoting competitiveness amongst Micro, Small and Medium Enterprises (MSMEs) by the way of wastage reduction through Lean Manufacturing, support for Design improvement, building awareness on Intellectual Property Rights, Zero Defect Zero Effect (ZED) Scheme, digitally empowerment of MSME through Digital MSME and to promote adoption of latest technologies in manufacturing as well as knowledge based innovation MSMEs through Incubation across India. • MSME Champions scheme has been formulated through Standing Finance Committee (SFC) by merging all 6 components of erstwhile Technology…
