Sarkari Yojana
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition
About Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition
An umbrella scheme of the Industries and Mines Department, Gujarat, “Dr.Babasaheb Ambedkar Udyog Uday Yojana” sets out to empower the state’s MSME sector, a dynamic engine of employment, GDP and exports. Operative from August 7th, 2020 to August 6th, 2025, the scheme assists SC/ST entrepreneurs and strengthens MSMEs to compete at a global level. The “Assistance for Technology Acquisition” component helps enterprises obtain suitable technology for their product or process, meeting up to 70% of the cost, royalty payments for the first 2 years included.
Scheme Overview
State Government
Business Entity
07 Aug 2020
Scheme Details
Eligibility Requirements
To qualify for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition, applicants must satisfy the following conditions:
The applicant should be a Micro/Small/Medium enterprise run…
The applicant should be a Micro/Small/Medium enterprise run by an SC/ST entrepreneur.
Both new and existing enterprises working in manufacturing…
Both new and existing enterprises working in manufacturing or process improvement qualify.
Technology has to be sourced from a recognized…
Technology has to be sourced from a recognized institution.
The technology acquired should relate to the enterprise's…
The technology acquired should relate to the enterprise's product or process.
Signing of the MoU/Agreement/Contract must take place within…
Signing of the MoU/Agreement/Contract must take place within one year.
Prior approval from the MSME Commissionerate is mandatory
Prior approval from the MSME Commissionerate is mandatory.
Note:
SC/ST Enterprise: This refers to an enterprise in which an SC/ST entrepreneur's contribution is 51% or more.
Benefits Provided
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition provides the following benefits to eligible applicants:
Financial Assistance
Financial Assistance: 70% of the expenditure on acquiring technology is reimbursed, subject to a limit of ₹50,00,000/-.
Documents Required
Applicants should keep the following documents ready before starting the application:
Udyam/IEM/LOI Registration certificate in copy form
Udyam/IEM/LOI Registration certificate in copy form.
Constitution documents of the enterprise (such as the…
Constitution documents of the enterprise (such as the Memorandum of association or partnership deed).
Power of attorney, Board Resolution for the Authorized…
Power of attorney, Board Resolution for the Authorized Signatory, or consent letter.
The signed and stamped MOU/Agreement/Contract for the technology…
The signed and stamped MOU/Agreement/Contract for the technology acquisition (copy).
The technology's patent certificate, where applicable
The technology's patent certificate, where applicable.
A CA certificate on fixed capital investment
A CA certificate on fixed capital investment.
Bills of the expenses incurred (copies)
Bills of the expenses incurred (copies).
Bank statement with relevant transactions highlighted (copy)
Bank statement with relevant transactions highlighted (copy).
Self-certified shareholding pattern, where applicable (copy)
Self-certified shareholding pattern, where applicable (copy).
A short write-up of the technology on letterhead,…
A short write-up of the technology on letterhead, noting its benefits and the outcome/result expected after adoption.
Latest audited report with balance sheet or Annual…
Latest audited report with balance sheet or Annual Audit Report, where applicable.
A project report or Technical Presentation about the…
A project report or Technical Presentation about the technology.
Term loan particulars as given in the bank…
Term loan particulars as given in the bank sanction letter, where applicable.
PAN cards of the enterprise, promoters/directors/partners and the…
PAN cards of the enterprise, promoters/directors/partners and the authorized signatory.
GST registration certificate, where applicable
GST registration certificate, where applicable.
A report from the technology provider
A report from the technology provider.
GPCB consent, where applicable
GPCB consent, where applicable.
The proposed project cost and the means of…
The proposed project cost and the means of financing the technology being acquired.
Documents supporting the SC/ST enterprise status
Documents supporting the SC/ST enterprise status.
2020-08-07
How to Apply
Online Application
Applicants can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition through the online application process outlined below.
Application Process
Registration Process:
Step-1: Access the Investor Facilitation Portal (IFP) portal. To get the registration form, click "New Investor Registration".
Step-2: Furnish the details in the Registration Form and then click "Submit".
Step-3: Your E-mail ID is verified by following the link sent to that registered address.
Step-4: When verification is over, you stand registered successfully.
Post-Registration Process:
Step-1: Reopen the Investor Facilitation Portal (IFP) portal and click on "Login".
Step-2: Input the email address and password that were used for registration.
Step-3: Select the "Login" button to reach your account.
Step-4: Lastly, complete the application by filling in the business information required and uploading the mandatory documents.
Helpdesk:
Contact
Exclusions / Who Is Not Eligible
- Assistance will not be eligible for purchase of any plant and machinery or equipment.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.