Credit linked capital subsidy for technology upgradation
Posted 01/04/2023
| Description | The objective of the Scheme is to facilitate technology up-gradation in MSEs by providing an upfront capital subsidy of 15 per cent (on institutional finance of upto Rs 1 crore availed by them) for induction of well-established and improved technology in the specified 51 sub-sectors/products approved. In other words the major objective is to upgrade their plant & machinery with state-of-the-art technology, with or without expansion and also for new MSEs which have set up their facilities with appropriate eligible and proven technology duly approved under scheme guidelines. |
| Provider Type Central Govt / State Govt / Private Sector | Central government |
| Provider Name | Ministry of micro small and medium enterprises |
| Amount | 1 crore |
| Grant Conditions & Qualifying Criteria | Micro and Small Enterprises (MSEs) having a valid UAM number |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://clcss.dcmsme.gov.in/ |
| Type of funding (Grant, Loan or Equity) | NA |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
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