SME Division Schemes

SME Division Schemes Related scheme International Cooperation (IC) Description The scheme covers the following activities: a) Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation, facilitating joint ventures, improving markets for MSMEs products, foreign collaborations, etc. b) Participation by Indian MSMEs in international exhibitions, trade fairs and buyer-seller meets in foreign countries as well as in India, in which there is international participation. c) Holding international conferences and seminars on topics and themes of interest to MSMEs. Nature of assistance IC scheme provides financial assistance of up to 95% of airfare and space rent for entrepreneurs. Assistance is provided on the basis of size and type of the enterprise. It also provides assistance for common expenses of delegations like freight & insurance, local transport, secretarial/ communication services, printing of common catalogues, etc. Who can apply a) State/Central Government Organisations; b) Industry/Enterprise Associations; and c) Registered Societies/Trusts and Organisations associated with promotion and development of MSMEs 2 How to apply Apply online, or applications can be sent for financial assistance in the prescribed form to the Director (International Cooperation), Ministry of MSME, Udyog Bhavan, New Delhi – 110 011 Description The assistance shall be provided to training institutions in the form of capital grant for creation/strengthening of infrastructure and support for conducting entrepreneurship development and skill development training programmes. Nature of assistance Maximum assistance for creation or strengthening of infrastructure will be Rs.150 lakh on matching basis, not exceeding 50% of project cost. However, for the North-Eastern Region (including Sikkim), Andaman & Nicobar and Lakshadweep, maximum assistance on matching basis would be Rs.270 lakh or 90% of project cost, whichever is less. Maximum assistance per trainee per hour for entrepreneurship development and skill development programmes is Rs.50 (Rs.60 for NER, A&N and Lakshadweep). Who can apply Any State/Union Territory Government training institutions, NGOs and other development agencies can apply for assistance for creation or strengthening of infrastructure. Training institutions who wish to conduct training programmes under the scheme will have to enroll themselves with national level EDI i.e., ni-msme, Hyderabad. Related scheme Assistance to Training Institutions (ATI) 3 How to apply Organisations who wish to apply for assistance for creation or strengthening of infrastructure may send their applications to the Director (EDI), Ministry of Micro, Small and Medium Enterprises, Udyog Bhawan, Rafi Marg, New Delhi – 110 107. Training institutions who wish to conduct training programmes or persons who wish to enroll for training programmes under the scheme may visit http://msmetraining.gov.in/ or approach the EDI mentioned above. Description Under marketing assistance the assistance is provided for following activities: a) Organising exhibitions abroad and participation in international exhibitions/ trade fairs b) Co-sponsoring of exhibitions organised by other organisations/industry associations/ agencies c) Organising buyer-seller meets, intensive campaigns and marketing promotion events Nature of assistance Financial assistance of up to 95% ofthe air-fare and space rent for entrepreneurs; assistance is provided on thebasis ofsize andtypeofthe enterprise Financial assistance for co-sponsoring would be limited to 40% of the net expenditure, subject to a maximum amount of Rs.5 lakh Who can apply MSMEs, Industry Associations and other organisations related to MSME sector Related scheme Marketing Assistance 4 How to apply The applications/proposals for seeking assistance under the scheme shall be submitted to the nearest office of the National Small Industries Corporation, with full details and justification.