Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Raising Capital through SME Exchange

Aatmanirbhar Gujarat Scheme for MSMEs: Capital Assistance via SME Exchange

The “Aatmanirbhar Gujarat Scheme for MSMEs” is a strategic initiative designed to bolster the state’s vibrant micro, small, and medium enterprises (MSMEs). This scheme plays a crucial role in enhancing employment opportunities, boosting the state’s GDP, and increasing exports. Launched by the Industries and Mines Department of Gujarat, the scheme is operational from October 5, 2022, until October 4, 2027, aligning with the national vision of “Aatmanirbhar Bharat” (Self-reliant India).

Overview of the Scheme

This comprehensive scheme aims to facilitate the growth of MSMEs through various supportive measures. One of its key components, “Assistance for Raising Capital through SME Exchange,” specifically focuses on aiding these enterprises in raising equity capital by getting listed on SME Exchanges. By providing financial assistance for expenses incurred during this process, the scheme encourages MSMEs to tap into funding opportunities available in the capital markets.

Advantages of the Scheme

• Financial Support: The scheme offers 25% of the total expenditure related to raising funds through the SME Exchange, with a cap of ₹5,00,000.

Eligibility Requirements

To qualify for assistance under this scheme, applicants must meet the following criteria:

• They must be classified as micro, small, or medium enterprises.
• Enterprises should raise equity capital through an SME Exchange.
• MSMEs must have received acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable.
• Applications should be submitted within one year from the date of listing on the SME Exchange.

Application Procedure

To apply for assistance, interested MSMEs can follow these steps:

Online Application

Registration Steps:

1. Navigate to the Investor Facilitation Portal (IFP). Click on “New Investor Registration” to access the registration form.
2. Complete the Registration Form and click “Submit”.
3. Confirm your email address by clicking the verification link sent to your registered email.
4. Upon successful verification, your registration will be complete.

Post-Registration Steps:

1. Visit the Investor Facilitation Portal (IFP) and click on “Login”.
2. Input your registered email and password.
3. Click the “Login” button to access your account.
4. Complete the application by filling in necessary details and uploading mandatory documents related to your business.

Support and Assistance

For any inquiries or assistance during the application process, you can reach out to the designated helpdesk.

Official Resource

For more information, you can access the official details on myScheme.gov.in.

Key Points Summary