SAMSMEARM

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance in Rent to MSEs

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.

State Cash

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

Details

The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" 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 entrepreneurs and strengthens MSMEs, making them globally competitive.
The component "Assistance in Rent to MSEs" provides financial assistance to Micro and Small Enterprises (MSEs) that have acquired a rented or leased shed for manufacturing activities.

Benefits

  • - Financial Support: Reimbursement of 65% of rent paid, up to ₹1,00,000/- per annum. - Long-term Assistance: Available for a maximum period of 5 years
  • Financial Support: Reimbursement of 65% of rent paid, up to ₹1,00,000/- per annum. - Long-term Assistance: Available for a maximum period of 5 years.

Eligibility

  • The enterprise must be a Micro or Small Enterprise (MSE).
  • The enterprise must be engaged in manufacturing activities.
  • The business must have acquired a rented/leased shed for its operations.
  • The shed owner must have legal ownership and possession of the property.
  • The manufacturing unit must be consuming electricity/power for its activities.
  • The assistance will be applicable from the rent deed date or three months prior to production, whichever is later.

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 "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.
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 objective of the component "Assistance in Rent to MSEs"?
The component "Assistance in Rent to MSEs" provides financial assistance to Micro and Small Enterprises (MSEs) that have acquired a rented or leased shed for manufacturing activities.
Who can apply for this assistance?
Any Micro or Small Enterprise (MSE) engaged in manufacturing activities and operating from a legally rented or leased shed is eligible to apply.
What percentage of rent is reimbursed under this scheme?
The scheme provides reimbursement of 65% of the rent paid by the enterprise, subject to a maximum limit of ₹1,00,000/- per annum.
For how many years can an enterprise receive this assistance?
The assistance is available for a maximum period of 5 years.
When does the rent assistance become applicable?
The assistance is provided from the date of the rent deed or three months before the start of production, whichever is later.
Are enterprises engaged in service or trading activities eligible for this assistance?
No, only manufacturing enterprises are eligible, while service and trading businesses are not covered under the scheme.
Is it mandatory for the manufacturing unit to consume electricity or power?
Yes, the enterprise must be consuming electricity or power as part of its manufacturing activities to qualify for the assistance.

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

References

Apply

Apply now

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status