Livelihood Business Incubator (LBI) under ASPIRE is a grant from Ministry of MSME (ASPIRE scheme; NI-MSME is a nodal knowledge partner) for for institutions that want to set up a Livelihood Business Incubator for rural and livelihood entrepreneurs: government agencies,…. It provides Up to ₹1 Cr, for rural-industries · agro-rural · livelihood · skilling. Applications are currently open.
Key facts
| Amount / benefit | Up to ₹1 Cr |
|---|---|
| Provider | Ministry of MSME (ASPIRE scheme; NI-MSME is a nodal knowledge partner) |
| Where | Pan-India |
| Stage | Early Stage, Idea |
| Sector | rural-industries · agro-rural · livelihood · skilling |
| Deadline | Applications open |
What is Livelihood Business Incubator?
Livelihood Business Incubator (LBI) under ASPIRE — Plant & machinery up to INR 1 crore (government agencies) or INR 75 lakh (private agencies), plus operational expenditure up to INR 1 crore — For institutions that want to set up a Livelihood Business Incubator for rural and livelihood entrepreneurs: government agencies, academic institutions, industry associations, private institutions, NGOs and non-profits. Individual founders do not apply directly; they are incubated and trained at the LBIs. It is run by Ministry of MSME (ASPIRE scheme; NI-MSME is a nodal knowledge partner).
The support is delivered through the programme’s own structure, and the form it takes is set by the issuing authority. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in rural-industries · agro-rural · livelihood · skilling. Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for Livelihood Business Incubator?
For institutions that want to set up a Livelihood Business Incubator for rural and livelihood entrepreneurs: government agencies, academic institutions, industry associations, private institutions, NGOs and non-profits. Individual founders do not apply directly; they are incubated and trained at the LBIs. Not for: Individual entrepreneurs (as direct grantees). The ASPIRE TBI component was withdrawn because it was merged into the MSME Innovative (Incubation) scheme..
How much does Livelihood Business Incubator give, and in what form?
Up to ₹1 Cr.
Frequently asked questions
Who runs this programme?
Livelihood Business Incubator (LBI) under ASPIRE is offered by Ministry of MSME (ASPIRE scheme; NI-MSME is a nodal knowledge partner). Eligibility and approval rest with them; the criteria and amounts are set by the programme.
Is there a deadline to apply?
Programmes like this can be rolling or time-bound. Confirm the current window on the official programme page before you apply.
How do I know if I’m eligible?
Read “Who can apply” above for the programme’s own criteria. If you’d like a quick read on your specific case, our free 2-minute eligibility check maps your stage, sector and revenue to what you can realistically claim.
Related programmes
CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Verification date pending. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.