Under msme hackathon 2022 –
The MSME Idea Hackathon is an initiative of the Ministry of Micro, Small and Medium Enterprises. The scheme had been released on March 10, 2022.
MSMEs have an important role to play in Atmanirbhar Bharat, the minister had said earlier, adding that these schemes will help entrepreneurs in developing new ventures, while supporting the untapped creativity of the sector.
The Ministry of Micro, Small, and Medium Enterprises (MSME) has taken several initiatives for providing an impetus to promote creativity, innovation and entrepreneurship, stated the official statement.
These inter-alia include Entrepreneurship and Skill Development Programme (ESDP), MSME Champions Scheme and Prime Minister’s Employment Generation Programme (PMEGP) to motivate youth representing different sections of the society.
The objective was to encourage the youth to consider self-employment or entrepreneurship while enhancing the competitiveness of manufacturing MSMEs in the country.