SME Growth Fund
Ministry of MSME / Ministry of Finance (announced in Union Budget 2026-27)
Budget 2026-27: ₹10,000 crore SME Growth Fund to give equity support to high-potential MSMEs that meet performance and growth benchmarks ('future champions'). Implementing agency and guidelines not yet public as of early Oct 2026.
What changed: New in this edition (not in the June 2026 playbook)
Sources (2)
Announced on 1 February 2026, the SME Growth Fund will provide equity support to MSMEs that meet defined performance and growth benchmarks, to create 'future champions'.
Objectives
Help high-potential MSMEs scale by incentivising them with growth capital based on select criteria.
Who can apply?
- MSMEs meeting performance and growth criteria to be notified in the scheme guidelines.
What do you get?
- Equity / growth capital from a ₹10,000 crore corpus (operating details to be notified).
How to apply
Not yet operational — implementing agency and guidelines had not been published as of early October 2026.