Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance of Capital Investment Subsidy (Manufacturing Sector)

The "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 of Capital Investment Subsidy (Manufacturing Sector)" provides a capital investment subsidy to support MSMEs in the manufacturing sector.

Financial Assistance:
Category of Taluka****Quantum of Incentive Category 125% of term loan amount upto ₹35,00,000/-; If the Eligible FCI is over ₹10,00,00,000/-, additional ₹10,00,000/- will be given.Category 220% of term loan amount upto ₹30,00,000/-; If the Eligible FCI is over ₹10,00,00,000/-, additional ₹7,50,000/- will be given.Category 3 & Municipal Corporation Areas10% of term loan amount upto ₹15,00,000/-; If the Eligible FCI is over ₹10,00,00,000/-, additional ₹5,00,000/- will be given.

1. The firm must be a Micro/Small/Medium enterprise.
2. The enterprise must be in the manufacturing sector.
3. The term loan must be sanctioned by a recognized Bank/Financial Institution (excluding NBFCs).
4. The enterprise must apply within one year of loan disbursement or before the commercial production starts.
5. The enterprise must remain operational for at least 7 years post-subsidy approval.
6. The enterprise must comply with pollution control measures.
7. Only one type of investment (Forward Integration, Backward Integration, Diversification, or Expansion) will be eligible for subsidy.

• Loan sanctioned by Non-Banking Financial Institutes will not be eligible for incentives under this resolution.

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.