Central GovernmentVerified

"Market Development Support Assistance" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

Through "Market Development Support Assistance", assistance worth 50% of total rent, literature and display material (subject to a max. of ₹5,00,000/-) is provided to the industrial unit for participation in international trade fair as an industry association. The applications are accepted offline.

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About This Scheme

"Market Development Support Assistance" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives" is a scheme by the Industries and Commerce Department, Union Territory of Puducherry. The scheme came into force with effect from 1st April 2017 and is in operation in the whole of the UT of Puducherry. Through this scheme, assistance worth 50% of total rent, literature and display material (subject to a maximum of ₹5,00,000/-) is provided to the industrial unit for participation in international trade fair as an industry association. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Benefits

Assistance: 50% of Total Rent, Literature and Display Material.

₹5.0 L

Ceiling: ₹5,00,000/-.

Purpose: Participation in International Trade Fair as an Industry Association.

Number of Installments: In single or multiple installments, depending on the availability of fund.

Mode of Disbursement: The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit.

_*The assistance would be reimbursed provided on the basis of actual expenditure incurred._

_*The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks._

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Entrepreneurs Memorandum Part-2 (UAM/ PMT) Registration/ Commencement of Production Certificate.
✦
Chartered Accountant Certificate for Payment Made to Quality Certifying Agency/ Patent Attorney/ Technical Providing Institution & Agency.
✦
Approval from the Quality Council of India for the Certifying Agency.
✦
Quality Certificates.
✦
Receipt for Payment to the Quality Certifying Agency (if Applicable).
✦
Patent (if Applicable).
✦
Receipt for Payment to the Patent Attorney (if Applicable).
✦
Registration Certificate of Membership with Export Promotion Council / Federation of Indian Export Organisation (FIEO).
✦
Prior Approval of the Director of Industries and Commerce for Participation in the Exhibition/Trade Fair.
✦
Receipt for Payment to the Exhibition Organiser for Rent/Space.
✦
Bill/Invoices for Printing Charges of Literature and Display Material.
✦
Chartered Accountant Certificate for Payment Made to the Exhibition Organiser, Literature, and Display Material.
✦
Original Copy of the Catalogue/Printing Material Prepared for Exhibition/Trade Fair.
✦
Brochure/Catalogue of Exhibition/Trade Fair.
✦
Photographs of the Applicant's Stall in the Exhibition/Trade Fair.
✦
Recognition/Accreditation for Energy/Water Auditing Institution/Consultant (if Applicable).
✦
Energy/Water Audit Report.
✦
Chartered Accountant Certificate for Payment Made to the Energy/Water Audit Institution/Agency.
✦
Receipt for Payment to the Energy/Water Institution/Agency.

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government
Max benefit: ₹5.0 L