The “Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)” is an umbrella scheme launched by the Industries and Mines Department, Gujarat. Effective from August 7, 2020, to August 6, 2025, this scheme aims to strengthen Gujarat’s MSME ecosystem by enhancing competitiveness through innovation and support.
The component “Assistance for Technology Acquisition” provides financial aid to enterprises acquiring proven technology from recognized institutions for improving their products or processes.
Benefits
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Financial Assistance: 65% of the technology acquisition cost, up to ₹50,00,000/- per enterprise
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Royalty Support: Assistance also includes royalty payment support for the first 2 years
Eligibility
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The applicant must be a Micro, Small, or Medium Enterprise
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The technology must be obtained from a recognized technology provider or institution
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Applicant must obtain prior approval from the MSME Commissionerate within one year of signing the MoU
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The acquired technology must relate to product or process improvement
Exclusions
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Assistance is not available for the purchase of plant, machinery, or equipment
Application Process
Offline Registration:
Step 1: Visit the Investor Facilitation Portal (IFP)
Step 2: Click on “New Investor Registration” and fill out the registration form
Step 3: Submit the form and verify the email sent to your inbox
Step 4: Once verified, registration is successful
Post-Registration:
Step 1: Log in to the IFP portal
Step 2: Fill in business and project details
Step 3: Upload required documents
Step 4: Submit the application for further processing
Helpdesk: Contact details available on the IFP portal
Documents Required
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Copy of Udyam/IEM/LOI registration certificate
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Constitution of enterprise (MOA, partnership deed, etc.)
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Board Resolution/Power of Attorney/Consent Letter of authorized signatory
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Copy of MoU/Agreement/Contract for technology acquisition
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Patent certificate of technology (if available)
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CA certificate for fixed capital investment
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Bills and payment receipts for incurred expenditure
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Highlighted bank statement showing related expenses
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Self-certified shareholding pattern (if applicable)
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Technology description, outcome/impact (on company letterhead)
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Latest audit report/balance sheet
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Technical project report or presentation
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Bank sanction letter for term loan (if applicable)
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PAN cards of the enterprise and associated individuals
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GST registration certificate (if applicable)
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Report from technology provider
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GPCB consent (if applicable)
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Project cost and funding structure
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SC/ST supporting documents (if applicable)
Frequently Asked Questions
Q: What is the “Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)”?
It is a Gujarat government scheme designed to support and promote MSMEs through financial assistance, innovation, and capacity building.
Q: What is the duration of the scheme?
The scheme is valid from August 7, 2020, to August 6, 2025.
Q: What is the objective of the component “Assistance for Technology Acquisition”?
To financially support MSMEs in acquiring innovative technologies for product or process improvement.
Q: Who is eligible to apply for this component?
All Micro, Small, and Medium Enterprises acquiring technology from recognized institutions/providers.
Q: What percentage of the technology acquisition cost is covered under the scheme?
65% of the total acquisition cost, up to a ceiling of ₹50,00,000.
Q: Can an enterprise use the assistance to purchase plant and machinery?
No, assistance is strictly for technology acquisition and does not include machinery or equipment.
Q: Is it necessary for an enterprise to obtain prior approval before applying?
Yes, prior approval from the MSME Commissionerate is required within one year of signing the MoU.
Q: What types of technologies are eligible for assistance under this scheme?
Technologies that lead to product or process improvement and are sourced from recognized providers.
Q: Can an enterprise apply if the technology has already been purchased?
No, prior approval must be obtained before acquisition; post-purchase applications are not eligible.
Q: Are startups eligible to apply for this scheme?
Yes, startups categorized as MSMEs are eligible if all other conditions are met.
Q: Is there any restriction on the technology provider?
Yes, the provider must be a recognized institution or authorized technology provider.
Q: Can an enterprise apply for assistance if it has already been in operation for several years?
Yes, existing enterprises are eligible as long as the technology is newly acquired and meets scheme conditions.
Q: Will an enterprise receive assistance for a technology licensing agreement?
Yes, if the licensing agreement is related to technology acquisition and follows all guidelines.