Popular Schemes
Government schemes for MSMEs
Credit Guaranteed Loan
A credit-guaranteed loan is backed by a third party's guarantee, making it easier for borrowers to obtain.
Loan/TL/WCTL
Our Loan, Term Loan (TL), and Working Capital Term Loan (WCTL) solutions provide the financial flexibility you need to support both short-term and long-term business growth.
Capital Subsidy
Our Capital Subsidy program provides financial support to help businesses grow, innovate, and invest in their future.
Exemptions & Waivers
Our Exemptions & Waivers program offers relief from certain fees and charges, making it easier for you to focus on growth and innovation.
Non-Monetary Support
Our Non-Monetary Support program offers valuable resources, training, and guidance to help you enhance your business capabilities without financial investment.
Category wise schemes
Trusted by Over 3000 companies worldwide
How MSME Works
Classification
MSMEs are categorized by their investment and turnover. Micro enterprises are the smallest, followed by small and medium enterprises, which have progressively larger investments and turnovers.
Formation and Registration
Entrepreneurs start MSMEs with an idea, and then formalize their business through registration with authorities to obtain necessary licenses and tax IDs.
Financing
MSMEs typically fund their operations through personal savings, bank loans, government schemes, and sometimes venture capital. Special programs often offer financial support.
Frequently Asked Questions
The MSME scheme is a government initiative designed to support Micro, Small, and Medium Enterprises through various benefits such as financial assistance, subsidies, and technical support to foster their growth and sustainability.
Eligibility for MSME benefits is determined based on the size and type of business, including micro, small, and medium enterprises, as defined by investment limits in plant and machinery or equipment.
Financial assistance includes subsidies on interest rates, grants for infrastructure development, and support for technology upgrades. Specific schemes may vary, so checking the latest updates from relevant government departments is advisable.
Applications for MSME benefits can be made online through the Udyam Registration portal or through designated government offices. Required documents typically include business registration, financial statements, and proof of eligibility.
Yes, MSMEs may be eligible for various tax benefits, including exemptions and deductions under specific sections of the Income Tax Act. It's essential to consult with a tax advisor for detailed information.
The key objectives include enhancing competitiveness, promoting innovation, creating employment opportunities, and supporting overall economic development by empowering small and medium businesses.
The Technology Upgradation Fund provides financial support for purchasing new technology and upgrading existing systems. This helps improve productivity and product quality.
Yes, there are schemes specifically targeted at women entrepreneurs, including financial assistance, training programs, and mentorship opportunities designed to support women-led businesses.
MSMEs can benefit from subsidies and support for marketing and export promotion through various schemes, including financial assistance for participation in trade fairs and exhibitions.
MSME Development Institutes (MSME-DI) provide a range of services, including training, consultancy, and support for MSME registration, as well as assistance with availing of government schemes and benefits.
