Entrepreneur Support Scheme G.O.(MS) No. 156/ID/12 dated

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Presentation transcript:

Entrepreneur Support Scheme G.O.(MS) No. 156/ID/12 dated 28-12-2012 4/23/2019

Background Micro Small Medium Development Act 2006 02nd October 2006. Enterprises Manufacturing Services Investments In Plant & Machinery In Equipments Micro Up to 25 Lakhs Up to 10 Lakhs Small 25 Lakhs to 500 Lakhs 10 Lakhs to 200 Lakhs Medium 500 Lakhs to 1000 Lakhs 200 Lakhs to 500 Lakhs Large 1000 Lakhs & above 500 Lakhs and above 4/23/2019

Background Aims to replace all previous schemes from 01. 04. 2012. (i) Background Aims to replace all previous schemes from 01.04.2012. (i) Women’s Industries Programme, (ii) Margin Money Loan to SSI Units, (iii) Margin Money Loan to NRKs, (iv) State Investment Subsidy, (v) Subsidy under Technology Development Fund (vi) Reimbursement of One Time Guarantee Fee and Annual Service Fee remitted under CGTMSE, (vii) Self Employment Scheme for Educated Youth, (viii) Women Industries Scheme and (ix) Turn Over Subsidy. 4/23/2019

Eligibility for applicants All Micro, Small and Medium Manufacturing Enterprises (other than negative list) engaged in manufacturing activities which filed EM partI/II after 01-04-2012. (dcp) 4/23/2019

Entitlement of a Successful Applicant. Maximum assistance of Rs Entitlement of a Successful Applicant. Maximum assistance of Rs.30 lakhs per applicant unit. Maximum assistance is limited to fixed percentage of the Fixed Capital investments very essential for the manufacturing activity. Upper limit shall be enhanced by 5% annum during the period of operation for escalation. 4/23/2019

WORKING CAPITAL AND RECURRING COSTS shall not be eligible. Fixed Capital investments includes a) Land. b) Land development cost. c) Building and improvement charges on existing building d) Essential office furniture. e) Fixed cost of Plant and Machinery. f) Electrification cost. g) Generators and associated equipments. h) All testing equipments. i) Pollution control equipments. j) Essential Office/Water & waste recycling/rain harvesting equipments. WORKING CAPITAL AND RECURRING COSTS shall not be eligible. 4/23/2019

Assistance 15% limited to Rs Assistance 15% limited to Rs.20 lakhs on fixed capital investments of all eligible MSME set up in the state . Or 20% limited to Rs.30 lakhs on fixed capital investments of all eligible MSME enterprises belonging to women, SC/ST or young entrepreneurs. 4/23/2019

Additional Assistance 10% limited to Rs Additional Assistance 10% limited to Rs.10 lakhs on fixed capital investments of all priority enterprises set up in the state. 4/23/2019

Priority industries a)Rubber based industries b) Agro based and food processing industries c) Readymade garments d) Industries manufacturing equipments and machinery for non-conventional energy generation e) Bio technology based industries f) 100% export oriented units g) Bio degradable plastic industries h) Plastic Waste recycling industries i) Bio- fertilizer industries 4/23/2019

Additional Assistances additional10% limited to Rs Additional Assistances additional10% limited to Rs.10 lakhs of fixed capital investments of all eligible MSME enterprises being set up in Idukki, Wayanad, Kasaragode and Pathanamthitta Districts. & Additional 10% limited to Rs.10 lakhs on fixed capital investments in case of MSME units set up after acquiring new technology from approved research institutions recognized by State/Central Govt. 4/23/2019

30% reserved for micro enterprises 30% reserved for micro enterprises. Only if they are insufficient small and medium enterprises shall be considered. 4/23/2019

Assistance to any unit which has already received any subsidy or grant earlier under other schemes, from other Government Agencies, any State owned financial institution shall be limited to the balance remaining eligible assistance payable under the Entrepreneur Support Scheme. 4/23/2019

The industries included in the Negative List and notified as such from time to time, Government controlled industries, public sector undertakings, units started by Government controlled agencies, units financed by KVIC/KVIB etc. shall not be eligible for any assistance under these rules. 4/23/2019

The assistance under the Entrepreneur Support Scheme shall be released to the eligible entrepreneurs/units in 3 stages. 1st stage :- Startup Support, 2nd stage :- Investment Support and 3rd stage :- Technology Support. 4/23/2019

Investment Support after the commencement of commercial production: The Startup Support is provided for enterprises prior to commencement of commercial production; Investment Support after the commencement of commercial production: Technology Support after commencing production on acquiring new technology. 4/23/2019

Start Up Support Apply in duplicate to GM DIC in prescribed form with necessary documents and PR. GM will prepare TFR within 15 days and forward to financial institution for T/L. Entrepreneurs who got T/L from financial institution against PR recommended by Industries Dept are eligible for Start up at the following rates. i)Limited to 50% of eligible assistance. ii) Limited to Rs.3 lakh 4/23/2019

Start Up Support Entrepreneurs who received start up support will be under obligation to commence commercial production with in 1 yr from the date receipt of support and remain continuously working for 5 yrs. No collateral security or charge on asset to bank is required. 4/23/2019

Investment support All units shall apply with in 1 yr of commercial production. Delay condonation by DLC/SLC on individual merit. DLC may condone up to 2 yrs. Application to recommending Authority after starting production. Eligible investment support shall be sanctioned by DLC/SLC after deducting assistance availed if any. Obligation to remain working for 5 yrs from starting of commercial production. Closed units are not considered for support. 4/23/2019

Investment support Enterprises undertaking expansion, diversification and modernization are eligible. Expansion, diversification and modernization should be as per a definite PR. At least 25% increase in P&M and in case of expansion 25% increase in capacity also. 4/23/2019

Technology Support Apply for Technology Support with in 6 months from the date of commercial production after installing the new technology.DLC can condone delay. This can be claimed by new/existing units without being a part of expansion, diversification or modernisation programme. Obligation to remain working for 5 yrs. 4/23/2019

The investments in land, land development, building and essential office equipments are limited to 50% total of fixed capital investments. 4/23/2019

APPLICATION FORMS Part – A : GENERAL INFORMATIONS (mandatory for all assistances) PART - B : ASSISTANCE FOR STARTUP SUPPORT (applicable only for bank financed units) PART - C : ASSISTANCE FOR INVESTMENT SUPPORT (applicable for self financed units also) PART - D : ASSISTANCE FOR TECHNOLOGY SUPPORT (applicable only for new technology based units) 4/23/2019

Check Lists Part-A Part-B Part-C Part-D 4/23/2019

Appeals SLC is competent to dispose the appeals received in prescribed format against orders of DLC/SLC in case of Investment/Technology support. SLC will issue clarifications. In case of appeal against GM in start up support DLC is competent to dispose of. Appeal shall be filed with in 90 days from the date of issue of order of GM/DLC/SLC as the case may be. 4/23/2019

DISTRICT INDUSTRIES CENTRE THANK YOU DISTRICT INDUSTRIES CENTRE Kasaragod Dt. Vidyanagar P.O. www.dic.kerala.gov.in gmdicksd@gmail.com 4/23/2019