Under the Cluster Development Programme (CDP), the Andhra Pradesh MSME Development Corporation seeks to build one to two MSME cluster units in each district within a year. Under the CDP, a Special Purpose Vehicle (SPV) will be formed by at least 25 independent business owners to establish units. The 10% of the funds will be raised by the group members while the State will contribute 20% and the Center will provide 70% of the funding. The maximum number of business owners in the group has no upper limits.
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