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SAMSMESME

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Raising Capital through SME Exchange

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 for Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.

Benefits

  • - Financial Assistance: MSMEs can avail of 25% reimbursement of expenses incurred in raising funds through the SME Exchange, up to ₹5,00,000/-. - Equity Capital Support: Helps MSMEs raise equity capital for business expansion and growth. - Encouragement for Listing: Incentivizes MSMEs to get listed on the SME Exchange, improving visibility and credibility
  • Financial Assistance: MSMEs can avail of 25% reimbursement of expenses incurred in raising funds through the SME Exchange, up to ₹5,00,000/-. - Equity Capital Support: Helps MSMEs raise equity capital for business expansion and growth. - Encouragement for Listing: Incentivizes MSMEs to get listed on the SME Exchange, improving visibility and credibility.

Eligibility

  • The enterprise must be registered as an MSME at the time of listing.
  • The MSME must have successfully raised equity capital through the SME Exchange.
  • The enterprise must apply within one year of the listing date.
  • The fundraising should be as per the approved scheme by the SME Exchange.

Exclusions


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.

Documents Required

No document list is available for this scheme yet.

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

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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