Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Raising Capital through SME Exchange
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The "Aatmanirbhar Gujarat Scheme for assistance to MSMEs" aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports.
Benefit Type
Cash
Eligibility Criteria
1. Micro/Small/Medium enterprises that raise equity capital through an SME Exchange are eligible for assistance under the scheme. 1. The scheme is open to MSMEs 1. The enterprise must have obtained acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable. 1. The enterprise must submit the application within one year of its listing date on the SME Exchange.
Application Mode
Online
Application Process
> Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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. > Post-Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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. > Helpdesk: <nis:link nis:type=webUrl nis:id=slugId nis:text="Contact Here." nis:value=https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static nis:enabled=true/>
Required Documents
- Constitution of Enterprise (Memorandum & Articles of Association). Board Resolution regarding Authorized Signatory. Copy of Udyam/IEM/LOI Registration certificate. Copy of SME Exchange Registration Listing related letter by BSE/NSE/SME Exchange. Copy of GST Registration. Copy of Public Issue Boucher/prospectus. Expenditure Statement on Letter Head. CA Certificate regarding MSME status as per MSMED act-2006 as on listing date. Audited Balance Sheet of last financial year/Annual Report. CA Certificate of expenditure statement for equity raise through SME Exchange with total and subtotal Headwise. Copy of Bills for Expenditure incurred. Payment Highlighted Bank Statement. Copy of Self Certified Share Holding Pattern (if applicable). Latest Electricity Bill. Cancelled Cheque of the Enterprise. Copy of Pan card of the Enterprise and Promoters/partners/directors, and Authorised Signatory. Undertaking in Prescribed Format. Copy of GPCB approvals (if applicable). Other details if any.
FAQs
What is the "Aatmanirbhar Gujarat Scheme for Assistance to MSMEs"?
The “Aatmanirbhar Gujarat Scheme for Assistance to MSMEs” is a state initiative designed to support and strengthen the MSME sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.
When is the scheme operative?
The scheme is operative from October 5, 2022, to October 4, 2027, covering a period of five years.
What are the objectives of the scheme?
The scheme aims to boost MSME growth, enhance the industrial ecosystem, encourage investments, and contribute to Gujarat’s and India’s self-reliance vision.
What are some initiatives included in the scheme?
The scheme includes the establishment of new industrial estates, sector-specific parks, and infrastructure projects, along with amendments to the Gujarat Industrial Policy 2020 to further support MSME growth.
Who is eligible to benefit from the scheme?
MSMEs established and operating within Gujarat are eligible to benefit from the scheme, as per the criteria defined in the policy framework.
What is the purpose of the "Assistance for Raising Capital through SME Exchange" component?
The scheme aims to support MSMEs in raising equity capital through the SME Exchange by providing financial assistance for related expenses.
How much financial assistance is provided under this scheme?
The scheme offers 25% of the expenditure incurred on raising capital through the SME Exchange, up to a maximum of ₹5,00,000/-.
What is the eligibility criteria for receiving assistance under this scheme?
The enterprise must successfully list on the SME Exchange and raise equity capital in accordance with the approved scheme. The application must be submitted within one year of the listing date.
Is there a deadline to apply for assistance?
Yes, the enterprise must submit the application within one year of its listing date on the SME Exchange.
Can an MSME apply for assistance if it has already raised capital prior to the scheme’s operative period?
No, assistance is only available for funds raised during the scheme's operative period.
Does an MSME need to maintain its MSME status throughout the process?
Yes, the MSME status of the enterprise will be considered based on the date of listing on the SME Exchange.
Can GVFL take equity in an MSME listed on the SME Exchange?
Yes, GVFL may take equity in enterprises that are registered with the SME Exchange.
Is the assistance provided as a one-time benefit?
Yes, the assistance is a one-time financial support provided after the successful raising of equity capital through the SME Exchange.