Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance in Implementation of Information and Communication Technology (ICT)

Description
The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises MSME " is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state& 39;s dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive. The component "Assistance in Implementation of Information and Communication Technology ICT " provides financial assistance for the implementation of Information and Communication Technology ICT infrastructure. The support covers equipment required for communication, networking, and cloud computing.

Exclusions
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Definitions
Micro, Small and Medium Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

New Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Existing Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Expansion
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Gross Fixed Capital Investment (GFCI)
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Forward integration, Backward Integration and Diversification
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Term Loan
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Pipeline Enterprises
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/3-GR_02092020.pdf)

Benefits
• Financial Support: Covers 65% of capital expenditure on ICT facilities, up to ₹5,00,000/-.

Eligibility Criteria
1. The firm must be a Micro/Small/Medium enterprise.
2. The enterprise should have a project plan for implementing ICT infrastructure.

Application Process
Step 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…
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.

Required Documents
• Copy of Udyam/lEM/LOI Registration certificate.
• Copy of the Constitution of the enterprise.
• CA certificate for fixed capital investment.
• CA certified Detailed expenditure statement for obtaining the ICT System.
• Undertaking for any assistance from GoG and Gol.
• Copy of the bill of expenditure occurred.
• Copy of Highlighted Bank Statement.
• Copy of GPCB approved NOC/Consent & other departments approval (if applicable).
• Copy of PAN Card of Enterprise, promoters/promoters/Directors, and Authorized signatory.
• Copy of GST registration. (If Applicable).
• Copy of Audited Balance sheet/ ITR of the last financial year.
• Copy of last electricity bill.
• Certified copy of Brief project report regarding ICT /cloud computing including benefit analysis.
• Self-Attested documents/ details to be submitted by the Authorized Person.
• Power of attorney/ Board resolution letter/consent letter.

Frequently Asked Questions
Q: What is the "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?
A: 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.

Q: What is the duration of the scheme?
A: The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.

Q: What is the objective of the component "Assistance in Implementation of Information and Communication Technology (ICT)"?
A: The component "Assistance in Implementation of Information and Communication Technology (ICT)" provides financial assistance for the implementation of Information and Communication Technology (ICT) infrastructure.

Q: Who is eligible to apply for this component?
A: Any registered business, startup, or institution involved in ICT-related projects is eligible to apply for the scheme.

Q: What percentage of financial assistance is provided under this scheme?
A: The scheme provides financial assistance covering 65% of the capital expenditure on ICT facilities.

Q: What is the maximum amount of assistance that can be received?
A: The maximum financial assistance available under this scheme is [?]5,00,000/-.

Q: What type of equipment is covered under the scheme?
A: The scheme covers equipment related to communication, networking, and cloud computing hardware.

Q: Is there any fee for applying to this scheme?
A: As per the guidelines, there is no registration or application fee for this scheme.

Q: Will the financial assistance be provided as a loan or a grant?
A: The financial assistance provided under this scheme is a grant, not a loan, and does not need to be repaid.

Q: Can the assistance amount be used for purchasing software?
A: No, the assistance is strictly for hardware related to ICT facilities and does not cover software purchases.