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Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition

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.

What you get

  1. Financial Support: 65% of the technology acquisition cost, up to ₹50,00,000/-, is covered.1. Royalty Payment Assistance: Includes support for royalty payments for the first 2 years.

Who can apply

  1. The firm must be a Micro/Small/Medium enterprise.
    1. The technology must be acquired from a recognized institution or technology provider.
    2. The applicant must obtain prior approval from the MSME Commissionerate within one year of signing the MoU.
    3. The technology should be related to product or process improvement.

Who cannot apply

  • Assistance will not be eligible for the purchase of any plant and machinery or equipment.

How to apply

Offline

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.

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 for Technology Acquisition" supports enterprises in acquiring appropriate technology from recognized institutions for product or process improvement.