Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Raising Capital through SME Exchange
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
- Financial Assistance: MSMEs can avail of 25% reimbursement of expenses incurred in raising funds through the SME Exchange, up to ₹5,00,000/-. - Equity Capital Support: Helps MSMEs raise equity capital for business expansion and growth. - Encouragement for Listing: Incentivizes MSMEs to get listed on the SME Exchange, improving visibility and credibility.
Who can apply
- The enterprise must be registered as an MSME at the time of listing.
- The MSME must have successfully raised equity capital through the SME Exchange.
- The enterprise must apply within one year of the listing date.
- The fundraising should be as per the approved scheme by the SME Exchange.
Who cannot apply
How to apply
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.
Details
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 Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.