- More Info
- msme.gov.in
- Organization
- MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
- Fund type
- Other | Subsidy
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors
- Target
- Limited Liability Partnership, Private Limited Company, Registered Partnership, Proprietorship
- Fund range
- Rs. 10 lakhs- Rs. 25 lakhs
- Fund stages
- E. Market Entry | F. Expansion
Maximum subsidy would be 15% of the project cost (20% for NER and Hill States).
Purpose
With an objective to assist existing units for expansion and upgradation, the scheme provides financial
assistance to successful/well performing units. Maximum subsidy would be 15% of the project cost (20% for NER and Hill States). The balance amount of the total project cost is provided by Banks as term loan. Scheme is applicable for Existing well performing PMEGP/REGP/MUDRA units.