MSME Schemes

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MSME Schemes

Date : 28-08-2024

Posted By : Intellex Strategic Consulting Pvt Ltd

SME Division Schemes Related scheme International Cooperation (IC) Description The scheme covers the following activities: a) Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation, facilitating joint ventures, improving markets for 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 MSMEs. Nature of assistance IC scheme provides financial assistance of up to 95% of airfare and space rent for entrepreneurs. Assistance is provided on the basis of size and type of the enterprise. It also provides assistance for common expenses of delegations like freight & insurance, local transport, secretarial/ communication services, printing of common catalogues, etc. Who can apply a) State/Central Government Organisations; b) Industry/Enterprise Associations; and c) Registered Societies/Trusts and Organisations associated with promotion and development of MSMEs Related scheme Assistance to Training Institutions (ATI) Description The assistance shall be provided to training institutions in the form of capital grant for creation/strengthening of infrastructure and support for conducting entrepreneurship development and skill development training programmes. Nature of assistance Maximum assistance for creation or strengthening of infrastructure will be Rs.150 lakh on matching basis, not exceeding 50% of project cost. However, for the North-Eastern Region (including Sikkim), Andaman & Nicobar and Lakshadweep, maximum assistance on matching basis would be Rs.270 lakh or 90% of project cost, whichever is less. Maximum assistance per trainee per hour for entrepreneurship development and skill development programmes is Rs.50 (Rs.60 for NER, A&N and Lakshadweep). Who can apply Any State/Union Territory Government training institutions, NGOs and other development agencies can apply for assistance for creation or strengthening of infrastructure. Training institutions who wish to conduct training programmes under the scheme will have to enroll themselves with national level EDI i.e., ni-msme, Hyderabad. https://dcmsme.gov.in/publications/schemes/schemes.html
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