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Manufacturing Startup in India: Are Atal Incubation Centers & Govt Grants Worth Pursuing? I will not promote
I'm planning to set up a CNC machine shop in an industrial area and need around 2cr in investment. Been looking into various government support schemes, particularly Atal Incubation Centers (AICs), but want to hear real experiences before proceeding. I wanna know how legit are these gov schemes and all in india. For those who've worked with AICs - what was your actual experience like? Did they provide any meaningful support beyond just mentorship? What's the realistic chance of securing grants/funding through government schemes? How long did the whole process take from application to receiving grants and funds? My main concern is whether these programs actually deliver meaningful support or if they're just another bureaucratic maze. Would really appreciate hearing from: - People who successfully received funding - Those who tried but couldn't get support (what went wrong?) - Anyone who found alternative funding sources for similar manufacturing setups I've been researching schemes like: - MSME Credit Guarantee Scheme - Stand-Up India - PM's Employment Generation Programme - Credit Linked Capital Subsidy Scheme Has anyone here navigated these successfully? What were the actual pros and cons? Also interested in hearing about any other government or private funding sources that worked for hardware/manufacturing startups. If AICs aren't the best route, what alternatives would you recommend? Thanks in advance for any insights! 🙏 I will not promote5
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