Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange
in Gujarat
Last updated:
Key dates and updates (Gujarat)
Nationwide and Gujarat-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange in Gujarat
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange is a government scheme available to eligible residents of Gujarat.
Apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange in Gujarat
Scheme Overview
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
Eligibility Criteria
The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
The enterprise must have successfully raised equity capital through an SME Exchange.
Enterprise shall have to apply within one year from the listing date in SME Exchange.
> **Note:**
- **SC/ST Enterprise:** SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
Benefits
**Financial Assistance:** MSMEs can receive up to 30% of the total expenditure incurred for raising capital through SME Exchange with a maximum up to ₹5,00,000/-. - **Support from GVFL:** Gujarat Venture Finance Limited (GVFL) may take equity in enterprises registered with the SME Exchange.
Required Documents
| # | Document |
|---|---|
| 1 | Constitution of Enterprise (Memorandum & Articles of Association). |
| 2 | Board Resolution regarding Authorized Signatory. |
| 3 | Copy of Udyam/IEM/LOI Registration certificate. |
| 4 | Copy of SME Exchange Registration Listing related letter by BSE/NSE/SME Exchange. |
| 5 | Copy of GST Registration. |
| 6 | Copy of Public Issue Boucher/prospectus. |
| 7 | Expenditure Statement on Letter Head. |
| 8 | CA Certificate regarding MSME status as per MSMED act-2006 as on listing date. |
| 9 | Audited Balance Sheet of last financial year/Annual Report. |
| 10 | CA Certificate of expenditure statement for equity raise through SME Exchange with total and subtotal Headwise. |
| 11 | Copy of Bills for Expenditure incurred. |
| 12 | Payment Highlighted Bank Statement. |
| 13 | Copy of Self Certified Share Holding Pattern (if applicable). |
| 14 | Latest Electricity Bill. |
| 15 | Cancelled Cheque of the Enterprise. |
| 16 | Copy of Pan card of the Enterprise and Promoters/partners/directors, and Authorised Signatory. |
| 17 | Undertaking in Prescribed Format. |
| 18 | Copy of GPCB approvals (if applicable). |
| 19 | Other details if any. |
How to Apply in Gujarat
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your r…
Online Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID. Step-4: After verification, you will be registered successfully. Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login". Step-2: Enter the email address and password you used during registration. Step-3: Click the "Login" button to access your account. Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Common questions in Gujarat
Who can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange. Refer to the eligibility section above for the complete checklist.
What documents are required for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange in Gujarat?
Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Raising Capital through SME Exchange?
Key dates are summarized in the table on this page, from 7 August 2020 through 7 August 2020, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
It is a special scheme introduced under the Industrial Policy 2020 to provide financial assistance and support to Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs in the MSME sector.