SOME IMPORTANT GOVERNMENT

SCHEMES & INCENTIVES FOR

PROMOTION OF

ENTREPRENUERSHIPPREPARED BY:

MANORANJAN

ROUT

ADD. NO. 36C/14

NATURE OF ASSISTANCE- CREDIT LINKED SUBSIDY SCHEME

FINANCIAL ASSISTANCE IS PROVIDED FOR SETTING UP OF MICRO

ENTERPRISES MAXIMUM COSTING UPTO

National level Khadi and Village

Industries Commission (KVIC)

State level Directorates, State Khadi and

Village Industries

Boards (KVIBs)

District level District Industries Centres

(DICs) and banks

Impimented by-

manufacturing sector Rs.25 lakh

service sector 10 lakh

Level of assistance:Categories Beneficiary’s

contribution

Rate of subsidy

Area (location of

project/unit)

Rural Urban

General category 10% 15% 25%

Special category 05% 25% 35%

Who can app

ly ?

Any individual above 18 years must have passed at least VIII Standard with only new

projects

SHGs those have not availed benefits under any other scheme

Institutions registered under Societies Registration Act, 1860

How to apply :Off line online

Through application toThe State/Divisional

Directors of KVIC in

consultation with KVIB and Director of

Industries of the respective states (for DICs)

on publication of advertisement with other

required documents

http://www.kviconline.gov.in/pmegp/

Pmegponlineapp

And the printout of the application

should submit the same to respective

offices along with the detailed project

report andother required documents

What is cluster ? Group of micro or small enterprise dealing with similar manufacture goods

or services in a particular area.

objectivesTo support the sustainability and growth of MSEs by addressing common issues such as improvement of technology, skills and quality, market access, access to capital, etc

To build capacity of MSEs for common supportive action

To create/upgrade infrastructural facilities

To set up common facility centres

Scope of approach:

Project Maximunm Project Cost

Diagnostic study Rs. 2.50 lakhs.

Soft interventions Rs.25.00 lakh

Hard interventions, i.e setting up CFCs Rs.15.00

Infrastructure development Rs.10.00 crore, with GoI contribution

of 60%

online• Minisyry website

ofline

• through State Governments or their autonomous bodies or field

• institutes of the Ministry of MSME

How to apply:

objectives financial assistance for establishment of new institutions (EDIs)

strengthening the infrastructure of the existing EDIs

Support for conducting entrepreneurship development and skill development

programmes

Scale of assistance Maximum assistance Rs. 150 lakh in each case not exceeding 50% of project

cost.

Maximum assistance per trainee per hour is Rs.50

Who can apply ? Any State/Union Territory Government training

institutions, NGOs and other development

agencies

How to apply ? Through application to MoMSME

Micro Units Development & Refinance Agency Ltd. (MUDRA)

SUPPORTED BY IDBI, NBFCs, MFIs, SCHEDULE BANKS AND RRBs

TYPES OF ASSISTANCE refinance for lending to micro businesses and units. Minimun collateral

security

TYPE OF FINANCE STAGE LIMIT OF

ASSISTANCE

INTEREST

RATE

Shishu Start ups loans up to Rs.

50,000/-

10 to 12 %

Kishor Started but not established Rs.50,000/- to Rs. 5

lakh

14 to 17%

Tarun Established want to

expand

Rs. 5 lakh to 50 lakh 16 %

Who can apply small manufacturing units, venders, service provider

Wow to apply Nodal Officer of the respective regions and online through

Nature of assistance Promote entrepreneurship and also to promote start-ups for

innovation and entrepreneurship in agro-industry.

Setup Livelihood Business Incubators (LBI) providing skill

development training and marketing schells

One time 100% finance project

objectives Ease of Registration Process through adhar card

Self declaration format

‘Single Window System’ High Power Committee empowered go give all necessary

clearances for setting up a business.

no fee for filing the UAM

Who can apply Start up enterprises

How to apply Through online

Other important schemes: Market promotion and development assistance (MPDA)

Performance and credit rating scheme

Credit guarantee scheme Nature of assistance Collateral free loans up to a limit of Rs.50 lakh

for individual MSEs

Who can apply Both existing and new enterprises are eligible

under the scheme

How to apply approach banks/financial institution, scheduled

commercial banks and select Regional Rural

Banks.

Thank you !