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Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange
6.4/10The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
States / UT: Gujarat
Nodal department: Industries and Mines Department
Scheme for: Infra
Scheme profile
DBT (direct benefit transfer): No
Scheme open date: 2020-08-07
Categories: Business & Entrepreneurship
Sub-categories: Setting up / start-up / entrepreneurship
Target beneficiaries: Business Entity, Industries
Tags: Business, Entrepreneurship, MSMEs, Start Up, Scheduled Caste, Scheduled Tribe
Details
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports SC/ST entrepreneurs and strengthens MSMEs, making them globally competitive.
The component "Assistance for Raising Capital through SME Exchange" aims to help MSMEs raise equity capital by listing on SME Exchanges. It provides financial assistance to MSMEs for expenses incurred in this process, encouraging them to explore funding options through the capital markets.
Benefits
- - Financial Assistance: MSMEs can receive up to 30% of the total expenditure incurred for raising capital through SME Exchange with a maximum up to ₹5,00,000/-. - Support from GVFL: Gujarat Venture Finance Limited (GVFL) may take equity in enterprises registered with the SME Exchange
- Financial Assistance: MSMEs can receive up to 30% of the total expenditure incurred for raising capital through SME Exchange with a maximum up to ₹5,00,000/-. - Support from GVFL: Gujarat Venture Finance Limited (GVFL) may take equity in enterprises registered with the SME Exchange.
Eligibility
- The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
- The enterprise must have successfully raised equity capital through an SME Exchange.
- Enterprise shall have to apply within one year from the listing date in SME Exchange.
> Note:
- SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
How useful is this scheme?
A practical look at this scheme for citizens
AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.
- Accessibility5.0
- Financial impact9.5
- Rural utility5.0
- Awareness4.5
- Simplicity6.0
- Inclusivity6.0
What problem does this scheme solve?
The scheme provides essential financial assistance to SC/ST entrepreneurs, promoting MSME growth.
Key challenges addressed
- Access to capital for SC/ST entrepreneurs
- Support for MSMEs to become competitive
Most beneficial for
- SC/ST entrepreneurs
- Micro, Small, and Medium Enterprises (MSMEs)
Likely challenges
- Complex application process for semi-literate users
- Digital dependency may exclude non-tech-savvy applicants
Practical insights for citizens
The scheme may be underutilized in rural areas due to digital barriers.
Rural challenges
- Limited internet access
- Lack of awareness about the scheme
Digital challenges
- High digital dependency for application
Implementation bottlenecks
- Potential delays in fund disbursement
Awareness challenges
- Low awareness among target beneficiaries
Application analysis
- Application mode
- Online portal
- Documents burden
- Low
- Verification complexity
- Moderate
- Office dependency
- Low
- DBT dependency
- No
- CSC support
- Limited
- Estimated citizen effort
- Moderate
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- One-time
- Benefit practicality
- Moderate, depending on successful application
- Financial meaningfulness
- High, with a maximum benefit of ₹500,000
- Long-term impact
- Positive impact on MSME growth and employment generation
Plain-language guidance
This scheme helps SC/ST entrepreneurs get financial support to grow their businesses. It is designed for small and medium enterprises looking to raise capital.
- Who should apply
- SC/ST entrepreneurs running MSMEs
- Who may struggle
- Semi-literate individuals and those without internet access
- Best application route
- Apply via the Investor Facilitation Portal online.
This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.
Application Process
Online
Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
Post-Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk: Contact Here.
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- What is the "Dr. Babasaheb Ambedkar Udyog Uday Yojana"?
It is a special scheme introduced under the Industrial Policy 2020 to provide financial assistance and support to Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs in the MSME sector.
- What sectors are prioritized under the Industrial Policy 2020?
The policy prioritizes industries such as Auto and Auto Components, Chemicals and Petrochemicals, Pharmaceuticals, Cement, Textiles, Engineering, Gems and Jewellery, and Ceramics.
- How does the scheme promote export competitiveness?
The scheme emphasizes "Vocal for Local to become Global," strengthening integrated value chains and encouraging MSMEs to enhance their export potential.
- What is the duration of the scheme?
The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.
- What is the SME Exchange?
The SME Exchange is a stock exchange platform that allows small and medium enterprises (MSMEs) to raise equity capital from the public.
- Who is eligible to apply for financial assistance under this scheme?
Any MSME that has successfully raised equity capital through an SME Exchange and meets the eligibility criteria can apply for assistance.
- What percentage of expenses is reimbursed under this scheme?
The scheme reimburses up to 30% of the total expenditure incurred in raising funds through an SME Exchange, subject to a maximum limit of ₹5 lakh.
- Is the financial assistance provided multiple times to the same enterprise?
No, financial assistance under this scheme is provided only once to an enterprise.
- What is the deadline for submitting the application for assistance?
The enterprise must submit the application within one year from the date of listing on the SME Exchange.
- What types of expenses are considered for reimbursement under this scheme?
The scheme covers expenses related to raising capital through an SME Exchange as per the approved guidelines.
- Are there any restrictions on the type of MSMEs that can apply for this scheme?
The enterprise must qualify as an MSME on the date of listing, but there are no industry-specific restrictions.
- Is it mandatory for GVFL to take equity in an enterprise applying for this scheme?
No, it is not mandatory for GVFL to take equity in an enterprise, but it has the option to do so for enterprises registered with the SME Exchange.
Definitions
- Micro, Small and Medium Enterprise
- New Enterprise
- Existing Enterprise
- Expansion
- Gross Fixed Capital Investment (GFCI)
- Forward integration, Backward Integration and Diversification
- Term Loan
- Pipeline Enterprises
Official links
References
- Guidelines
- https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf
- Online Application Portal
- https://ifp.gujarat.gov.in/IC/digigov.htm?actionFlag=loadCitizenRegPage
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Frequently asked questions
- What is the purpose of Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange is a government welfare initiative designed to support Infra, Business Entity, Industries through benefits related to Business & Entrepreneurship, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
- Who can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Eligibility for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
- What benefits are offered under Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Benefits under Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
- Which department manages Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange is managed by Industries and Mines Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
- Can users apply online for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Yes, eligible applicants may be able to apply online for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
- Where can users apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Applications for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
- What documents may be required for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
- Is Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange available in all states?
- No, Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange is primarily available for eligible residents of Gujarat and may be implemented through state government departments and local administrative offices.
- Can residents outside Gujarat apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Eligibility for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange is generally limited to residents of Gujarat unless otherwise specified in the official scheme guidelines.
- Does Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange provide business loan or startup assistance?
- Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.
- Is collateral required under Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.
- Can CSC centres help users apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
- How can users check the latest updates for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Are there deadlines for applying to Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Some schemes may operate through fixed application windows, annual registration cycles, or department-specific deadlines depending on scheme implementation policies.
- Can beneficiaries track application status for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange in Gujarat?
- Users in Gujarat may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
- Which nearby public services may help with Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange applications?
- Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.