About this business scheme
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.
The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive.
The component "Assistance for Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.
Benefits at a glance
| Scheme name | Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Raising Capital through SME Exchange (SAMSMESME) |
|---|---|
| Launched by | Industries and Mines Department |
| Launch year | 2020 |
| Benefit type | Cash (money paid to your bank account) |
| Category | Business |
| Level / State | State · Gujarat |
| Official portal | ifp.gujarat.gov.in (link at the end of this page) |
Key facts
| Scheme for | Infra |
|---|---|
| Application mode | Online |
| Last date | 06 Aug 2025 |
| DBT (direct bank transfer) | No |
| Age | 18 to 60 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 60 years
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Financial Assistance: MSMEs can avail of 25% reimbursement of expenses incurred in raising funds through the SME Exchange, up to Rs. 5,00,000/-.
- Equity Capital Support: Helps MSMEs raise equity capital for business expansion and growth.
- Encouragement for Listing: Incentivizes MSMEs to get listed on the SME Exchange, improving visibility and credibility.
Who qualifies
- The enterprise must be registered as an MSME at the time of listing.
- The MSME must have successfully raised equity capital through the SME Exchange.
- The enterprise must apply within one year of the listing date.
- The fundraising should be as per the approved scheme by the SME Exchange.
Who is not eligible
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Papers to keep ready
- 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.
Registration walkthrough
Online
Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) 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 Investor Facilitation Portal (IFP) 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: Contact Here.
Important dates
| Launch / start | 07 Aug 2020 |
|---|---|
| Last date | 06 Aug 2025 Closed |
Terms used in this scheme
- Micro, Small and Medium Enterprise
An Enterprise which satisfies the conditions of Micro, Small and Medium Enterprises as per the definition under the MSME Development Act, 2006 and subsequently amended from time to time by Government of India and has obtained acknowledgement of “Udyog Aadhaar Memorandum / Udyam Registration.
- New Enterprise
New Enterprise means MSME, which has filled Udyog Aadhar / Udyam Registration as prescribed by the Government of India and commences commercial production during the operative period of the scheme.
- Existing Enterprise
An Existing Enterprise means MSME which has commenced commercial production before the date of announcement of the scheme.
- Expansion
Expansion means where an existing/New Enterprise increases its investment in gross fixed capital by at least 50% (out of which at least 60% of investment is made in plant and machinery for which expansion is carried out) of its existing gross fixed capital investment on the date of initiating expansion and compared with the date of commencing production during the operative period of the scheme.
- Gross Fixed Capital Investment (GFCI)
Gross Fixed Capital Investment means the investment made in building, plant and machinery, utilities, tools and equipment, and other assets (excluding Land) to manufacture the end product.
- Forward integration, Backward Integration and Diversification
- Forward Integration: An Investment made in GFCI for the product which is raw material of the enterprise will be termed as backward integration.
- Backward Integration: An Investment made in GECI for the further value addition in the end product of the enterprise will be termed as forward integration.
- Diversification: An investment made in GFCI for the product other than the end product of the enterprise will be termed as diversification.
- Term Loan
Term loan means loan sanctioned by the financial institution / Bank (Except NBFC) for the acquisition of GFCI of the enterprise. However, only the amount actually disbursed against the sanctioned will be considered for the incentives under the scheme.
- Pipeline Enterprises
The Enterprises which have obtained first disbursement of term loan as effective step and could not start commercial production on or before 07/08/2020, shall be considered eligible as pipeline enterprise for incentive under previous scheme. Such enterprise should commence commercial production on or before 31/03/2021.However the enterprise which has obtained first disbursement on or before 07/08/2020 may opt for new scheme. Term Loan disbursement made during the policy period will be eligible for the enterprise which has opted for this scheme.
Frequently asked questions
What is the "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.
What is the duration of the scheme?
The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.
What is the objective of the component "Assistance for Raising Capital through SME Exchange"?
The component "Assistance for Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.
What is the SME Exchange, and how does it help MSMEs?
The SME Exchange is a dedicated platform that allows Micro, Small, and Medium Enterprises (MSMEs) to raise equity capital by listing their businesses. It helps MSMEs gain visibility, attract investors, and secure funding for business expansion.
Who is eligible to apply for financial assistance under this scheme?
MSMEs that have successfully raised equity capital through the SME Exchange and apply within one year from their listing date are eligible for financial assistance under this scheme.
What percentage of expenses can be reimbursed under this scheme?
Under this scheme, 25% of the expenses incurred in raising funds through the SME Exchange can be reimbursed, up to a maximum limit of Rs. 5 lakh.
What is the purpose of this financial assistance?
The purpose of this financial assistance is to encourage MSMEs to raise equity capital through the SME Exchange by partially reimbursing the expenses incurred during the fundraising process.
When should an MSME apply for assistance after getting listed?
An MSME must apply for financial assistance within one year from its listing date on the SME Exchange.
Can an enterprise that is not classified as an MSME apply for this scheme?
No, only enterprises classified as MSMEs on the date of listing on the SME Exchange are eligible for this financial assistance.
What happens if an MSME fails to raise equity capital through the SME Exchange?
If an MSME fails to raise equity capital through the SME Exchange, it will not be eligible to apply for financial assistance under this scheme.
What role does GVFL play in this scheme?
GVFL (Gujarat Venture Finance Limited) may take equity in enterprises that are registered with the SME Exchange, providing additional financial support and investment opportunities.
Are there any restrictions on how the financial assistance can be used?
Yes, the assistance can only be used to reimburse 25% of the expenses incurred in raising equity capital through the SME Exchange, as per the approved scheme.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines ic.gujarat.gov.in (PDF)
- Online Application Portal ifp.gujarat.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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