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Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange
The scheme Dr.Babasaheb Ambedkar Udyog Uday Yojana aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
About This Scheme
Benefits
₹5.0 L
- Financial Assistance: MSMEs can receive up to 30% of the total expenditure incurred for raising capital through SME Exchange with a maximum up to ₹5,00,000/-.
- Support from GVFL: Gujarat Venture Finance Limited (GVFL) may take equity in enterprises registered with the SME Exchange.
Eligibility
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The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
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The enterprise must have successfully raised equity capital through an SME Exchange.
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Enterprise shall have to apply within one year from the listing date in SME Exchange.
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> Note:
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SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
Required Documents
- ✦Constitution of Enterprise (Memorandum & Articles of Association).
- ✦Board Resolution regarding Authorized Signatory.
- ✦Copy of Udyam/IEM/LOI Registration certificate.
- ✦Copy of SME Exchange Registration Listing related letter by BSE/NSE/SME Exchange.
- ✦Copy of GST Registration.
- ✦Copy of Public Issue Boucher/prospectus.
- ✦Expenditure Statement on Letter Head.
- ✦CA Certificate regarding MSME status as per MSMED act-2006 as on listing date.
- ✦Audited Balance Sheet of last financial year/Annual Report.
- ✦CA Certificate of expenditure statement for equity raise through SME Exchange with total and subtotal Headwise.
- ✦Copy of Bills for Expenditure incurred.
- ✦Payment Highlighted Bank Statement.
- ✦Copy of Self Certified Share Holding Pattern (if applicable).
- ✦Latest Electricity Bill.
- ✦Cancelled Cheque of the Enterprise.
- ✦Copy of Pan card of the Enterprise and Promoters/partners/directors, and Authorised Signatory.
- ✦Undertaking in Prescribed Format.
- ✦Copy of GPCB approvals (if applicable).
- ✦Other details if any.
✦ Required ◦ Optional
How to Apply
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.Quick Info
- Level
- Central Government
- Max benefit
- ₹5.0 L
- Launched
- 7 Aug 2020
Available In
Categories
Data Sources
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed Today
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 8 days ago
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/bauuysme ↗Accessed 1 months ago
