Central GovernmentVerified
Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition
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.
Start date7 Aug 2020
End date / Deadline6 Aug 2025
Last verifiedToday
About This Scheme
The "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 Technology Acquisition" supports enterprises in acquiring appropriate technology from recognized institutions for product or process improvement.
Benefits
₹50.0 L
1. Financial Support: 65% of the technology acquisition cost, up to ₹50,00,000/-, is covered.1. Royalty Payment Assistance: Includes support for royalty payments for the first 2 years.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
- •
- •
- •
- •
Required Documents
- ✦Copy of Udyam/IEM/LOI Registration certificate.
- ✦Constitution of Enterprise (Memorandum of association, partnership deed, etc).
- ✦Power of attorney / Board Resolution of Authorized Signatory/consent letter.
- ✦Copy of signed & stamped MOU/Agreement/Contract regarding technology acquisition.
- ✦Patent certificate of technology (if applicable).
- ✦CA certificate regarding fixed capital investment.
- ✦Copy of bills of expenditure incurred.
- ✦Copy of the highlighted bank statement.
- ✦Copy of self-certified shareholding pattern (if applicable).
- ✦Brief description of technology with notes on benefits, outcome/result after adoption of technology on letterhead.
- ✦Audited report with balance sheet/Annual Audit Report (latest, if applicable).
- ✦Project report/Technical Presentation regarding technology.
- ✦Term loan detail as per bank sanction letter (if applicable).
- ✦PAN card of enterprise, promoters/directors/partners, and authorized signatory.
- ✦GST registration certificate (if applicable).
- ✦Technology provider report.
- ✦GPCB consent (if applicable).
- ✦Proposed cost of project and means of finance for technology to be acquired.
- ✦Supporting documents for SC/ST enterprise.
✦ Required ◦ Optional
How to Apply
IIn-person
Quick Info
- Level
- Central Government
- Max benefit
- ₹50.0 L
- Launched
- 7 Aug 2020
- Deadline
- 6 Aug 2025