State-Specific Information

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition

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

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition in Gujarat

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition is a government scheme available to eligible residents of Gujarat.

Apply for Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition in Gujarat

Scheme Overview

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.

Eligibility Criteria

1

The firm must be a Micro/Small/Medium enterprise.

2

The technology must be acquired from a recognized institution or technology provider.

3

The applicant must obtain prior approval from the MSME Commissionerate within one year of signing the MoU.

4

The technology should be related to product or process improvement.

Benefits

Financial Support: 65% of the technology acquisition cost, up to ₹50,00,000/-, is covered.

Royalty Payment Assistance: Includes support for royalty payments for the first 2 years.

Required Documents

# Document
1 Copy of Udyam/IEM/LOI Registration certificate.
2 Constitution of Enterprise (Memorandum of association, partnership deed, etc).
3 Power of attorney / Board Resolution of Authorized Signatory/consent letter.
4 Copy of signed & stamped MOU/Agreement/Contract regarding technology acquisition.
5 Patent certificate of technology (if applicable).
6 CA certificate regarding fixed capital investment.
7 Copy of bills of expenditure incurred.
8 Copy of the highlighted bank statement.
9 Copy of self-certified shareholding pattern (if applicable).
10 Brief description of technology with notes on benefits, outcome/result after adoption of technology on letterhead.
11 Audited report with balance sheet/Annual Audit Report (latest, if applicable).
12 Project report/Technical Presentation regarding technology.
13 Term loan detail as per bank sanction letter (if applicable).
14 PAN card of enterprise, promoters/directors/partners, and authorized signatory.
15 GST registration certificate (if applicable).
16 Technology provider report.
17 GPCB consent (if applicable).
18 Proposed cost of project and means of finance for technology to be acquired.
19 Supporting documents for SC/ST enterprise.

How to Apply in Gujarat

1

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…

Offline 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 Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition in Gujarat?

Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition. Refer to the eligibility section above for the complete checklist.

What documents are required for Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition 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 Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Technology Acquisition?

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

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.

Sources and references

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