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Technology Acquisition Assistance
The scheme aims to support Micro and Small enterprises in state to acquire advanced technology/ software related to their production/ manufacturing processes through assistance towards cost incurred for technology/ software acquisition.
About This Scheme
Benefits
₹5.0 L · one-time
One-time Reimbursement Assistance:
- Up to 50% of the cost incurred for technology/software acquisition.
- Maximum assistance limit: ₹5,00,000/- per unit.
MSEs may acquire technology/software from premier national institutes like:
- Indian Institute of Science (IISc)
- Indian Institutes of Technology (IITs)
- National Institutes of Technology (NITs)
- National Institutes of Design (NIDs)
- Council of Scientific and Industrial Research (CSIR), OR
- Other institutions set up by Government of India/Government of Rajasthan.
Eligibility
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All Micro and Small Enterprises existing anywhere in Rajasthan will be required to comply with the following conditions to avail benefits under the scheme:
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The enterprise will be required to have Udyam Registration Certificate (URC) as per MSME Development Act 2006.
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The acquisition of technology can be in any form, including purchase of drawing and design/ plant/ machinery/ software etc.
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Acquired technology should be related to the production/ manufacturing process of the enterprise.
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The applicant should clearly demonstrate improvement in performance due to technology acquisition. Mere purchase of machinery and technology will not be considered as technology acquisition.
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The enterprise should be in commercial production at the time of disbursement and the assistance shall not be released to the closed unit.
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Acquisition of multiple machines of similar nature will not be entertained under the scheme. Only one machine will be eligible for the assistance under the scheme in such cases.
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The improvement in performance due to technology acquisition can be demonstrated as follows:
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An increase of at least 10% in Production Rate (Number of units produced/Total time taken); or
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A decrease of at least 5% in Cycle Time (Net Production Time/ Number of Units Produced); or
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A decrease of at least 2.5% in Rejection Rate (Number of units rejected/ Total number of units produced); or
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A decrease of at least 10% in waste generation (Quantity of waste generated/ Quantity of relevant raw material used)
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Note 1: Improvement in performance to be certified by Chartered Engineer.
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Note 2: The average values of the above-mentioned indicators calculated three (3) months prior to technology acquisition will be compared with the average values calculated three (3) months post the deployment & commissioning of technology to demonstrate the performance improvement.
Required Documents
- ✦Copy of Udyam Registration (UR) Certificate
- ✦Certificate of Incorporation/Partnership Deed/Firm Registration or equivalent document related to incorporation of the enterprise
- ✦Board Resolution/Power of attorney in the name of Authorized Signatory
- ✦Copy of MoU/other relevant document with the Institution for acquisition of technology
- ✦Justification for technology acquisition/upgradation
- ✦Undertaking/Declaration on non-judicial stamp paper as per ( Annexure 3.2)
- ✦Bill/Invoice of the acquired technology
- ✦Proof of Payment
- ✦CA certificate for details of expenditure incurred on acquisition of technology ( Annexure 3.3)
- ✦Proof of regular Commercial Production (Recent Sale Bill)
- ✦Bank account details/Copy of cancelled cheque and PAN Card
- ✦Self-certified list of Existing Plant & Machinery with its original purchase value and depreciated value
- ✦Certificate of Chartered Engineer certifying performance improvement as per ( Annexure 3.4)
✦ Required ◦ Optional
How to Apply
Application process for the reimbursement of the cost of acquisition of technology/software
Step 1: The interested applicant downloads the application form (Annexure 3.1) from the official website.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the respective General Manager, District Industries & Commerce Centre (DICC).
Resubmit the Application:
Step 1: The applicant enterprise would be required to submit the application after the acquisition and deployment of the technology from the Technology Institution.
Step 2: The State Government would reserve the right to approve/partially approve or reject any of the application.
Post Application Process
Step 1: Evaluation of the application by GM, DICC, including the Chartered Engineer's certificate.
Step 2: Approval & sanction by the District Level Task Force Committee (DLTFC).
Step 3: Upon approval, an approval letter will be issued.
Step 4: Disbursement of funds to the applicant’s registered bank account.
- The applicant can submit the online application by visiting the nearest e-Mitra center or by using their own e-Mitra account.
- The application is free of cost.
Quick Info
- Level
- Central Government
- Max benefit
- ₹5.0 L
- Launched
- 12 Apr 2024
Available In
Categories
Data Sources
- https://www.myscheme.gov.in/schemes/taa ↗Accessed Today
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 8 days ago
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/taa ↗Accessed 1 months ago
