In order to encourage entrepreneurs, the State Government has prepared an Incubation and Start up Policy in the State. Establishment of private incubators will be encouraged under the policy. This will provide a strong basic tributary basic structure to area near to the start up of the state.
One each incubation centre under the aspire scheme has been established in Dewas area for leather and for bamboo cluster in Satna. Moreover, an approval of `16 crore for establishment of textile incubation centre in Gwalior has been received from the Union Government.
New Technology Center Tool Room at a cost of `125 crore is being established under Technology Centre Programme (TCSP) in cooperation of Union Government. Twenty five acre land in village Acharpura district Bhopal has been kept reserved for the establishment of tool room.Help has been provided to 5 lakh 50 thousand youths under the Mudra and Stand Up Scheme of the Union Government during last year in the state. In the current financial year, self employment will be provided to 7 lakh 50 thousand youths by economically assisted them under the Mudra and Stand Up scheme.
It may be mentioned that development work of clusters is being carried out speedily in the state. An approval has been given to a project for development of common facilitation centre related to plastic industry at Ujjain. This is the first common facilitation centre of the state. Beside this approval has been received from the Union Government for infrastructure development of Namkeen and Allied Cluster-Karmadi of Ratlam, Apparel Cluster-Vijaypur of Indore, Food Cluster-Badodi of Shivpuri and Readymade Garment Park- Gadaipura of Gwalior. Integrated Skill Development scheme has been started in order to provide training and employment to youths in textile industry. Employment has been provided to 2200 trainees till March 2017 under the scheme.