SME Division Scheme

1. Scheme for 'Providing financial assistance on International Cooperation'

Related Scheme

International Cooperation Scheme

Description

The Scheme would cover the following activities:
(a) Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation, facilitating joint ventures, improving market of MSMEs products, foreign collaborations, etc.
(b) Participation by Indian MSMEs in international exhibitions, trade fairs and buyer-seller meets in foreign countries as well as in India, in which there is international participation.
(c) Holding international conferences and seminars on topics and themes of interest to the MSME. 

Nature of assistance

IC Scheme provides financial assistance of up to 95% of the airfare and space rent of entrepreneurs. Assistance is provided on the basis of size and the type of the enterprise. It also provides assistance for common expenses of the delegation like freight & insurance, local transport, secretarial/communication services, printing of common catalogue etc.

Who can apply?

(a) State/Central Government Organisations;
(b) Industry/Enterprise Associations; and
(c) Registered Societies/Trusts and Organisations associated with the promotion and development of MSMEs

How to apply?

Click on Apply Now button below to apply online. or else You can send the Applications for seeking financial assistance, in the prescribed to the Director (International Cooperation), Ministry of MSME, Udyog Bhavan, New Delhi 110 011

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Application Procedure

Download Revised Scheme Guidelines

2. Scheme for 'providing financial assistance for performance and credit rating under PCR Scheme

Related Scheme

Performance and Credit Rating Scheme

Description

The objective of the Scheme is to create awareness amongst micro & small enterprises about the strengths and weaknesses of their operations and also their credit worthiness. The Scheme is implemented by National Small Industries Corporation (NSIC) and Rating under the scheme is being carried out through empanelled rating agencies i.e. CRISIL, ONICRA, ICRA, SMERA, Brickwork, India Ratings (earlier known as FITCH) and CARE. The enterprises are at liberty to select any of the rating agencies empanelled with NSIC.

Nature of assistance

(a) 75% of the rating fee subject to a maximum of Rs. 25,000/- will be reimbursed to the micro or small enterprise having a turnover upto Rs.50 lakh 
(b) 75% of the rating fee subject to a maximum of Rs. 30,000/- will be reimbursed to the micro or small enterprise having a turnover above Rs.50 lakh to Rs.200 lakh.
(c) 75% of the rating fee subject to a maximum of Rs. 40,000/- will be reimbursed to the micro or small enterprise having a turnover above Rs.200 lakh.

Who can apply?

Any enterprise registered in India as a micro or small enterprise is eligible to apply

How to apply?

Any micro or small enterprise wishing to apply for rating will have to fill up the prescribed application form and submit the same to the nearest branch of NSIC or to the rating agency chosen by it.

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Application Procedure

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3. Scheme for providing establishment of new institutions (EDIs), strengthening the infrastructure for EDIs under ATI Scheme

Related Scheme

Assistance to Training Institutions Scheme

Description

● The revised guidelines (effective from 01.09.2016) provide for financial assistance in the form of grant for:-

i) Infrastructure support and capacity building of training institutions of Ministry of MSME and the existing State Level EDIs;
ii) Research and Studies on MSME related matters;
iii) MSME Chair; and
iv) Training (Skill Development programmes / Training of Trainers) by training institutions of Ministry of MSME.

● No financial assistance will be provided under the revised scheme for setting up of a new EDI. The private training institutions / NGOs are not covered under the scheme for financial assistance.

Nature of assistance

(i) The maximum assistance under the scheme to a State level EDI will be restricted to Rs.250 lakh in each case. This grant would be utilised for development of physical infrastructure, equipment, faculty training and development of capability in undertaking studies and research on issues related to MSME sector.

(ii) Research and Studies : The maximum assistance will be Rs. 15 lakh in each case.

(iii) Training (SDP) : Assistance will be provided to training institutions of Ministry of MSME for conducting Skill Development Programmes.

Who can apply?

Existing State Level EDIs owned and controlled by a State/UT Government; Training institutions of Ministry of MSME.

How to apply?

The eligible applicants may submit proposals with justifications to Deputy Secretary (EDI), Ministry of MSME, Udyog Bhawan, New Delhi-11001.

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Application Procedure

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4. Scheme for providing financial assistance on marketing support under Marketing Assistance Scheme

Related Scheme

Marketing Assistance Scheme

Description

The assistance is provided for the following activities:
A. Organizing Exhibitions abroad and participation in International Exhibitions/Trade Fairs 
B. Co-sponsoring of Exhibitions organized by other organisations/ industry associations/agencies
C. Organizing Buyer-Seller Meets, Intensive Campaigns and Marketing Promotion Events

Nature of assistance

Financial assistance of up to 95% of the airfare and space rent of entrepreneurs. Assistance is provided on the basis of size and the type of the enterprise. 
Financial assistance for co-sponsoring would be limited to 40 % of the net expenditure, subject to maximum amount of Rs. 5 lakh

Who can apply?

MSMEs, Industry Associations and other organizations related to MSME sector

How to apply?

The applications/proposals for seeking assistance under the scheme shall be submitted to the nearest office of National Small Industries Corporation, with full details and justification.

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Application Procedure

Download Scheme Guidelines