TAA

Technology Acquisition Assistance

The scheme aims to support Micro and Small enterprises in state to acquire advanced technology/ software related to their production/ manufacturing processes through assistance towards cost incurred for technology/ software acquisition.

State Cash

States / UT: Rajasthan

Nodal department: Industry Department

Scheme for: Infra

Scheme profile

Scheme open date: 2024-04-12

Categories: Business & Entrepreneurship

Sub-categories: Sales of goods, services & data protection, Machine & skill up-Gradation, Micro finance

Target beneficiaries: Business Entity

Tags: Reimbursement, Technology Acquisition, MSME, Micro Enterprise, Small Enterprise, Software

Details

The "Technology Acquisition Assistance" scheme has been introduced under the Rajasthan MSME Policy 2024 by the Department of Industries and Commerce, Government of Rajasthan. The scheme aims to support micro and small enterprises (MSEs) in the state in acquiring advanced technology or software related to their production/manufacturing processes. This assistance encourages efficiency, modernization, and competitiveness through measurable performance improvements. The scheme will remain in force until 31st March 2029.
Scheme Implementation
This scheme component will be implemented through the concerned District Industries & Commerce Centre (DICC) under the aegis of the Department of Industries & Commerce.
The Office of the Commissioner, Industries & Commerce will be the nodal agency for implementation and supervision at the state level.

Benefits

  • One-time Reimbursement Assistance:
  • Up to 50% of the cost incurred for technology/software acquisition
  • Maximum assistance limit: ₹5,00,000/- per unit. MSEs may acquire technology/software from premier national institutes like:
  • Indian Institute of Science (IISc)
  • Indian Institutes of Technology (IITs)
  • National Institutes of Technology (NITs)
  • National Institutes of Design (NIDs)
  • Council of Scientific and Industrial Research (CSIR), OR
  • Other institutions set up by Government of India/Government of Rajasthan

One-time Reimbursement Assistance:

  • Up to 50% of the cost incurred for technology/software acquisition.
  • Maximum assistance limit: ₹5,00,000/- per unit.

MSEs may acquire technology/software from premier national institutes like:

  • Indian Institute of Science (IISc)
  • Indian Institutes of Technology (IITs)
  • National Institutes of Technology (NITs)
  • National Institutes of Design (NIDs)
  • Council of Scientific and Industrial Research (CSIR), OR
  • Other institutions set up by Government of India/Government of Rajasthan.

Eligibility

All Micro and Small Enterprises existing anywhere in Rajasthan will be required to comply with the following conditions to avail benefits under the scheme:

  1. The enterprise will be required to have Udyam Registration Certificate (URC) as per MSME Development Act 2006.
  2. The acquisition of technology can be in any form, including purchase of drawing and design/ plant/ machinery/ software etc.
  3. Acquired technology should be related to the production/ manufacturing process of the enterprise.
  4. The applicant should clearly demonstrate improvement in performance due to technology acquisition. Mere purchase of machinery and technology will not be considered as technology acquisition.
  5. The enterprise should be in commercial production at the time of disbursement and the assistance shall not be released to the closed unit.
  6. Acquisition of multiple machines of similar nature will not be entertained under the scheme. Only one machine will be eligible for the assistance under the scheme in such cases.
  7. The improvement in performance due to technology acquisition can be demonstrated as follows:
  • An increase of at least 10% in Production Rate (Number of units produced/Total time taken); or
  • A decrease of at least 5% in Cycle Time (Net Production Time/ Number of Units Produced); or
  • A decrease of at least 2.5% in Rejection Rate (Number of units rejected/ Total number of units produced); or
  • A decrease of at least 10% in waste generation (Quantity of waste generated/ Quantity of relevant raw material used)

Note 1: Improvement in performance to be certified by Chartered Engineer.
Note 2: The average values of the above-mentioned indicators calculated three (3) months prior to technology acquisition will be compared with the average values calculated three (3) months post the deployment & commissioning of technology to demonstrate the performance improvement.

Application Process

Offline

Application process for the reimbursement of the cost of acquisition of technology/software
Step 1: The interested applicant downloads the application form (Annexure 3.1) from the official website.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the respective General Manager, District Industries & Commerce Centre (DICC).
Resubmit the Application:
Step 1: The applicant enterprise would be required to submit the application after the acquisition and deployment of the technology from the Technology Institution.
Step 2: The State Government would reserve the right to approve/partially approve or reject any of the application.
Post Application Process
Step 1: Evaluation of the application by GM, DICC, including the Chartered Engineer's certificate.
Step 2: Approval & sanction by the District Level Task Force Committee (DLTFC).
Step 3: Upon approval, an approval letter will be issued.
Step 4: Disbursement of funds to the applicant’s registered bank account.

Documents Required

No document list is available for this scheme yet.

References

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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