Sarkari Yojana

Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange

Quick Summary: Small and medium enterprises in Dadra and Nagar Haveli & Daman and Diu that raise equity on the SME Exchange can be reimbursed 25% of the fund-raising expenditure, up to ₹5,00,000/-, under IPS. Applications are due within one year of listing.

About Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange

Among the sub schemes of the “Investment Promotion Scheme (IPS)” for MSME Sector is “Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange”. The Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu put it in place on 3rd July, 2015 for a five-year span. With the extension granted from 20th May, 2022, it now remains operative till 19th May, 2027. > Objective of the “Investment Promotion Scheme (IPS)”:

What the scheme offers the MSME Sector is a package of incentives and assistance that nurtures units, protects them against market vagaries and makes them vibrant and successful. In addition, it seeks to bring the most Women possible into business, reduce unemployment among local residents and use incentives to get industries to employ resident laborers etc. > Objective of the “Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange” Sub-scheme:

Once an enterprise has successfully raised equity through the SME Exchange as per the approved Scheme during the Scheme’s operative period, it receives one-time assistance towards the expenditure it incurred on raising those funds.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

03 Jul 2015

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange, applicants must satisfy the following conditions:

✅

The scheme covers New Manufacturing/ Service units as…

The scheme covers New Manufacturing/ Service units as well as Existing Manufacturing/ Service units that are carrying out Expansion/ Diversification in the MSME sector.

✅

Commercial production has to have commenced between 20.05.2022…

Commercial production has to have commenced between 20.05.2022 to 19.05.2027.

✅

The unit must have its location in the…

The unit must have its location in the U.T. of Dadra and Nagar Haveli & Daman and Diu.

✅

The enterprise has one year from its listing…

The enterprise has one year from its listing date in SME Exchange to submit the application.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange provides the following benefits to eligible applicants:

💰

Assistance equals 25% of the expenditure incurred…

Assistance equals 25% of the expenditure incurred on raising funds through the SME Exchange, with ₹5,00,000/- as the upper limit.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

📄

Copy of the document bearing the Corporate Identification…

Copy of the document bearing the Corporate Identification Number (CIN).

📄

Copy of the document bearing the Taxpayer Identification…

Copy of the document bearing the Taxpayer Identification Number (TIN).

📄

Copy of the document bearing the Permanent Account…

Copy of the document bearing the Permanent Account Number (PAN).*

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Copy of the document bearing the Goods and…

Copy of the document bearing the Goods and Services Tax Number (GST).

✅

Supporting documents for Other Registrations

Supporting documents for Other Registrations.

✅

Either the Udyam Registration or the Industrial Entrepreneur…

Either the Udyam Registration or the Industrial Entrepreneur Memorandum (copy), as appropriate.

📄

Copies of constitution documents

Copies of constitution documents: the Partnership Deed and Firm Registration Certificate for a partnership concern, or the Memorandum & Articles of Association and Date of Incorporation Certificate for Public/Private Limited companies.

🌾

Land purchase deed (copy) duly signed by the…

Land purchase deed (copy) duly signed by the applicant, required only if the Enterprise is running on its own land.

🌾

Registered lease agreement (copy) of a minimum period…

Registered lease agreement (copy) of a minimum period of 5 years from the date of commencement of commercial production, required only if the Enterprise is running on leased land/ building.

✅

Electricity Department sanction order for the power supply…

Electricity Department sanction order for the power supply and the latest bill, as copies.

✅

A duly issued authorization letter

A duly issued authorization letter.

✅

Consent to Operate / Renewal from PCC, DNH…

Consent to Operate / Renewal from PCC, DNH & DD, in copy, as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021.

📄

Factory licence, photocopy

Factory licence, photocopy.

✅

Undertaking as prescribed

Undertaking as prescribed.

Ensure all documents are valid and, where required, duly attested before submitting your application.
Important Dates

2015-07-03

How to Apply

Online Application

Applicants can apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance To Small And Medium Enterprises (SME) For Raising Of Capital Through SME Exchange through the online application process outlined below.

Registration Process :

1️⃣

Click through to the Registration page of the…

Click through to the Registration page of the Official Website.

2️⃣

Enter your details in the input spaces shown…

Enter your details in the input spaces shown and click “Register”.

3️⃣

Next, a link to verify your email address…

Next, a link to verify your email address is sent; open it (If Mail is Not Received Your Inbox. Please Check the Spam).

4️⃣

Complete your Account Verification by clicking the Link/URL…

Complete your Account Verification by clicking the Link/URL in the mail or by pasting it in the browser's address bar.

5️⃣

Enter the OTP “111111” to get your mobile…

Enter the OTP “111111” to get your mobile number verified. The registered Email Address will then receive the Mobile Number and Pin.

6️⃣

Login credentials are sent to your registered email…

Login credentials are sent to your registered email on completion of registration. Application Process :

1️⃣

Open the Login page meant for users on…

Open the Login page meant for users on the Official Website.

2️⃣

Provide your registered Mobile Number plus the PIN…

Provide your registered Mobile Number plus the PIN received over email and click “Log In”.

3️⃣

Once the Log In is successful, go to…

Once the Log In is successful, go to the left side menu bar and click the “Departments & Services” tab.

4️⃣

Look for “District Industries Centre DD & DNH”…

Look for “District Industries Centre DD & DNH” as you scroll, and click “Click Here” to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.

5️⃣

Enter all the details asked for in the…

Enter all the details asked for in the “Common Application Form” and upload each mandatory document.

6️⃣

After filling in everything, verify the details and…

After filling in everything, verify the details and finish by clicking “Submit”.

Helpdesk: : District Industries Centre, Contact No.: 0260-2260871 / 0260-2260310 E-mail Address: dic-dd@nic.in Single Window Portal (i.e. https://investdd.in) Technical Assistance: Contact No. : 0260-2231885 / 2231886; E-Mail : ddegs-dd@nic.in

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References