Yes, Shri Ramdeobaba College of Engineering & Management has been selected for the implementation of the prestigious scheme of Rajiv Gandhi Science & Technology Commission (RGSTC) and Technology Information, Forecasting and Assessment Council (TIFAC), Department of Science & Technology, Government of India for providing technical support to the micro small and medium enterprises (MSMEs) by leveraging the capabilities of students and faculty of engineering & technical institutions. According to the data available on the official website of RCOEM, the students are paid stipend for working on the industry problems under the scheme.