Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange

  • Scheme For: Infra
  • Categories: Business & Entrepreneurship
  • Tags: Capital Support, Investment, MSMEs, Incentives, Entrepreneurship, Subsidy, Reimbursement, SME

Assistance SME For Raising Of Capital Through SME Exchange under the Investment Promotion Scheme (IPS) for MSME sector, implemented by the Dept. of Industries, U.T. Administration Of DNH & DD, aims to provide One-time assistance of expenditure incurred on raising of fund through SME Exchange.

Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange - Introduction

The scheme “Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.

Objective of the "Investment Promotion Scheme (IPS)":

The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.

Objective of the "Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange" Sub-scheme:

Under this scheme, one-time assistance is provided for expenditure incurred on raising of funds through SME Exchange, after successful raising of equity as per approved Scheme by SME Exchange during the operative period of the Scheme.

Benefits

  • 25% of expenditure incurred on the raising of funds through the SME Exchange, limited to a maximum of ₹5,00,000/-.

Eligibility

  • Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
  • The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
  • Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
  • Enterprise shall have to apply within one year from the listing date in SME Exchange.

Exclusions

Application Process

  • Step 1: Visit the Registration page of the Official Website.
  • Step 2: Provide the information in the respective input spaces and click on “Register”.
  • Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received in Your Inbox, Please Check the Spam).
  • Step 4: Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.
  • Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.
  • Step 6: On successful registration, the login credentials will be received in the registered email.
  • Step 1: Visit the user Login page of the Official Website.
  • Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”.
  • Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab.
  • Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.
  • Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents.
  • Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process.

Helpdesk:

District Industries Centre,

Contact No.: 0260-2260871 / 0260-2260310

E-mail Address: [email protected]

For Technical Assistance on Single Window Portal (i.e. investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : [email protected]

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