INNOVATION SCHEME
Set Up Your Own Research and Development Center
The R&D Center Scheme under MSME Innovative provides capital subsidy for MSMEs to establish their own in-house research and development centers. Innovation is critical for business competitiveness, and this scheme makes it financially viable for small businesses to invest in dedicated R&D infrastructure.
MSMEs with dedicated R&D centers qualify for additional benefits including higher ZED scores, DSIR recognition, weighted income tax deduction under Section 35, and access to technology development funds. Swastik Consultants helps MSMEs plan, set up, and claim subsidies for their R&D centers.
Up to 50% capital subsidy for setting up an in-house R&D center
Maximum subsidy of ₹50 lakh per MSME unit under MSME Innovative scheme
Quick Facts
Capital subsidy for R&D lab setup and equipment
DSIR recognition for in-house R&D eligible
Up to 50% subsidy on R&D center investment, max ₹50 lakh
Covers instruments, equipment, and specialized software
Qualified research staff salary may be included
Additional income tax benefits under Section 35 on R&D expenses
Benefits of This Scheme
Innovation Capability
Build in-house capability to develop new products and processes continuously.
IP Creation
An R&D center is the foundation for patent creation and intellectual property assets.
Product Development
Faster and cost-effective product development with your own research facility.
DSIR Recognition
DSIR recognized R&D center gets additional tax benefits and government grants.
Tax Benefits
Weighted deduction on R&D expenditure under Income Tax Act Section 35.
Competitive Edge
In-house R&D capability strongly differentiates your business from competitors.
Eligibility Criteria
Registered MSME with Udyam certificate
Dedicated space and equipment for R&D activities
Qualified research and technical staff
R&D activities relevant to core business operations
Valid GST registration and income tax compliance
Clean track record with no pending statutory dues
Documents Required
Udyam Registration Certificate
Detailed project report for R&D center setup
Quotations for R&D equipment and instruments
Credentials of qualified research staff
Layout plan of proposed R&D facility
Bank statements (last 6 months)
Audited financial statements
DSIR application documents (if pursuing recognition)
How Swastik Consultants Helps
R&D Planning
We help design your R&D center plan aligned with subsidy and DSIR requirements.
Project Report
We prepare a comprehensive project report for the R&D center subsidy application.
DSIR Assistance
We guide you through the DSIR recognition process for additional tax benefits.
Subsidy Filing
We file the R&D center subsidy application and track until disbursement.
Explore Other Schemes
Ready to Claim Your Subsidy?
Let our experts identify the right schemes for your business and handle everything end-to-end.