Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Reimbursement of CGTMSE Fees

> Collateral-Free Loans:

- Government of India has instructed financial institutions to sanction collateral-free loans up to ₹2,00,00,000/-.

> Support for MSEs:

- Assistance is provided to Micro and Small Enterprises (MSEs) under this scheme.
- Service fees charged by banks/financial institutions are eligible for reimbursement.

> Annual Service Fees:

- 1st Year: 1.8% + Risk Premium.
- 2nd Year Onwards: 0.85% or as amended by CGTMSE/RBI.

> Reimbursement Assistance:

- 100% reimbursement of the annual service fees paid by entrepreneurs for up to 5 years.

• The firm must be a Micro/Small/Medium enterprise.
• The enterprise must have availed of a collateral-free term loan under CGTMSE.
• The application must be submitted within within one year from the date of first disbursement of Term loan, or on or before the date of commencement of commercial production, whichever is later.

• Enterprises engaged in service or trading activities are not eligible.
  • Enterprises that have not availed of CGTMSE-backed loans are not eligible.

Online

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.

The scheme "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 Reimbursement of CGTMSE Fees" provides financial assistance for the implementation of Information and Communication Technology (ICT) infrastructure. The support covers equipment required for communication, networking, and cloud computing.