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 assistance shall be provided to training institutions in the form of capital grant for creation/strengthening of infrastructure and programme support for conducting entrepreneurship development and skill development programmes.

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. This grant would be over and above the grant, if any, received by that institution earlier under the ATI scheme.


(ii) For the purpose of grant under this category, an EDI owned and controlled by a State Government / UT would be selected as recommended by the State Government. The selected state level EDI will have to enter into a partnership agreement (or, MOU) with NIMSME to formulate and implement the approved proposal.

Who can apply?

Any State/Union Territory Government, Training Institutions of MSME and other development agencies can apply for assistance for creation or strengthening of infrastructure.

How to apply?

Organizations who wish to apply for ssistance for creation or strengthening of infrastructure may send their applications to the Director (EDI), Ministry of Micro, Small and Medium Enterprises, Udyog Bhawan, Rafi Marg, New Delhi 110 107.

Training Institutions who wish to conduct training programmes or persons who wish to enroll for training programmes under the scheme may visit http://msmetraining.gov.in/ approach any of the three EDIs mentioned above

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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