Sarkari Yojana
Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration
About Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration
The “ Subsidy for Patent Registration” forms part of the “Incentive Scheme for MSMEs in Powerloom Sector” as a sub scheme. It came into effect on 1st January, 2022, under the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, and is valid upto 31st December, 2024. Objective of the “Incentive Scheme for MSMEs in Powerloom Sector”: The parent Scheme supports MSMEs in the Textile sector with fiscal incentives to install New age shuttleless Powerlooms. The idea is to boost improved quality fabric production and to develop a sustainable textile MSME ecosystem that maximises use of resources, adds employment and broadens operations, positioning the State as the leading Powerloom state in India. Objective of the ” Subsidy for Patent Registration” Sub-scheme: Any eligible micro, small or medium Powerloom enterprise can get back the money it spent on securing Patent Registration for its approved project.
Scheme Overview
State Government
Business Entity
01 Jan 2022
Scheme Details
Eligibility Requirements
To qualify for Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration, applicants must satisfy the following conditions:
The Scheme normally covers every micro, small, and…
The Scheme normally covers every micro, small, and medium enterprise (MSME) in the powerloom sector.
Only enterprises whose production started from 01.01.2022 to…
Only enterprises whose production started from 01.01.2022 to 31.12.2024 qualify.
The enterprise has to have executed a Four-party…
The enterprise has to have executed a Four-party agreement with the Directorate of Textiles, its Financial institution and Tantuja.
Private sector, cooperative sector and joint sector undertakings…
Private sector, cooperative sector and joint sector undertakings qualify, as do companies/ undertakings owned and managed by the State Government and the Industrial SHGs.
The project must rest on a detailed feasibility…
The project must rest on a detailed feasibility report/ project made for this purpose.
Approval and sanction of the project must come…
Approval and sanction of the project must come from a Central Financial Institution, Commercial Banks or State Financial Institutions.
Benefits Provided
Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration provides the following benefits to eligible applicants:
Patent registration expenses are subsidised at 50%,…
Patent registration expenses are subsidised at 50%, capped at ₹ 5,00,000/-.
Documents Required
Applicants should keep the following documents ready before starting the application:
Registrar of Companies-authenticated Memorandum of Association and Articles…
Registrar of Companies-authenticated Memorandum of Association and Articles of Association, or partnership deed, as applicable.
A list of the names and addresses of…
A list of the names and addresses of the enterprise's Directors /Partners /Owners or the Cooperative/Self Help Group Members, whichever applies.
Approved project report
Approved project report.
Sanction letter and disbursement letter for the loan,…
Sanction letter and disbursement letter for the loan, issued by the financial institutions/ banks.
Agreement copy
Agreement copy.
Last 2 years' audited balance sheets, if applicable
Last 2 years' audited balance sheets, if applicable.
Statement on existing manufacturing in West Bengal listing…
Statement on existing manufacturing in West Bengal listing items, annual approved capacity and annual production of the last three years (quantity and value in Rs. Lakh), if applicable.
Land deed, if applicable (or, for rented /leasehold…
Land deed, if applicable (or, for rented /leasehold land / buildings, the rent agreement and receipt /lease agreement).
Certificate of mutation & conversion for the land/…
Certificate of mutation & conversion for the land/ building.
WBPCB-issued valid consent to operate certificate
WBPCB-issued valid consent to operate certificate.
SGST papers
SGST papers.
Trade licence copy
Trade licence copy.
First electricity bill, if applicable
First electricity bill, if applicable.
Acknowledgement of Udyam Registration
Acknowledgement of Udyam Registration.
SC / ST certificate, if applicable
SC / ST certificate, if applicable.
Other statutory licences/certificates, as necessary
Other statutory licences/certificates, as necessary.
“Self declaration” under para 7.1(vi) of the Official…
“Self declaration” under para 7.1(vi) of the Official Scheme Guidelines .
Proof of fees paid towards Patent registration
Proof of fees paid towards Patent registration.
Patent Registration Certificate
Patent Registration Certificate.
2022-01-01
How to Apply
Offline Application
Applicants can apply for Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Patent Registration through the offline application process outlined below.
Application Process
After production has begun, an eligible enterprise wanting this subsidy applies to the Directorate of Textiles in the prescribed Form-A2 . Time frame for submission of first Application: The first application is due within 12 months of the commercial production start date (01.01.2022 to 31.12.2024). Address: Directorate of Textiles, Handlooms, Spinning Mills, Silk Weaving & Handloom Based Handicrafts Division New Secretariat Buildings, 1, K. S. Roy Road, 5th Floor, 'B' Block, Kolkata 700001. Tel No. 033-2248 4537 / 2248 6271 (Ext. 215) Fax No. 033-2248 4537
Exclusions / Who Is Not Eligible
- Enterprises registered and for which eligibility certificates have been issued/ incentives have been sanctioned and/ or disbursed under the respective Incentive Scheme of the State.
- Enterprises registered and for which eligibility certificate have been issued in terms of the respective Incentive Scheme of the State but no sanction or disbursement of incentive has been made.
- Enterprises commenced production before 31.12.2021 and applied for incentive under the respective Incentive Scheme of the State within the stipulated date (The claim will be governed by the respective Incentive Scheme of the State).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.