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.
75% subsidy, up to ₹50,000
CAPITAL · quoted from the scheme, not calculated by us
DETAILS 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. BENEFITS Financial Assistance: Category of Taluka Quantum of Incentive Category 1 25% 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 2 20% 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 Areas 10% 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. ELIGIBILITY The firm must be a Micro/Small/Medium enterprise. The enterprise must be in the manufacturing sector. The term loan must be sanctioned by a recognized Bank/Financial Institution (excluding NBFCs). The enterprise must apply within one year of loan disbursement or before the commercial production starts. The enterprise must remain operational for at least 7 years post-subsidy approval. The enterprise must comply with pollution control measures. Only one type of investment (Forward Integration, Backward Integration, Diversification, or Expansion) will be eligible for subsidy. Exclusions Loan sanctioned by Non-Banking Financial Institutes will not be eligible for incentives under this resolution.
Use the eligibility wizard to check this scheme against your profile once rules are added.
22 documents to gather
Ticking is just for your own tracking on this page — nothing is saved or sent.
We don’t hold the step-by-step process for Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance of Capital Investment Subsidy (Manufacturing Sector)yet. The department’s own notification is the authority until we do — we would rather say that than invent a plausible sequence.
Loading timeline…
Loading related entities…