Name of the Organization : Ministry of Micro Small & Medium Enterprises
Type of Facility : International Cooperation Financial Assistance Scheme
Location/ Country : India
Official Website : https://msme.gov.in/
Scheme For Providing Financial Assistance On International Cooperation:
The Scheme would cover the following activities :
(a) Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation, facilitating joint ventures, improving market of MSMEs products, foreign collaborations, etc.
(b) Participation by Indian MSMEs in international exhibitions, trade fairs and buyer-seller meets in foreign countries as well as in India, in which there is international participation.
(c) Holding international conferences and seminars on topics and themes of interest to the MSME.
Nature of assistance :
IC Scheme provides financial assistance of up to 95% of the airfare and space rent of entrepreneurs. Assistance is provided on the basis of size and the type of the enterprise. It also provides assistance for common expenses of the delegation like freight & insurance, local transport, secretarial/communication services, printing of common catalogue etc.
Eligibility Criteria :
Eligible Organisations :
a) State/Central Government Organisations;
b) Industry/Enterprise Associations; and
c) Registered Societies/Trusts and Organisations associated with the MSME.
Eligibility Conditions :
a) The organisation should be suitably registered (i.e., companies under the Companies Act, societies under the Societies Act, etc.) with the primary objective of promotion and development of MSME.
b) The organisation must be engaged in such activities for at least last 3 years and have a good track record.
c) The organisation should have regular audited accounts for the past 3 years.
d) Events, for which financial support under the Scheme is sought, must have significant international participation.
e) Financial assistance to one organisation would normally be restricted to two events in a financial year.
f) The organisation should not have any pending bills / reports / documents for submission to the Ministry relating to any earlier event.
Application Procedure :
Click on Apply Now button below to apply online. or Applications for seeking financial assistance, in the prescribed proforma (Annexure I of Scheme Guidelines), may be submitted to the Director (International Cooperation), Ministry of MSME, Udyog Bhavan, New Delhi. The applications for the proposed event must be accompanied with the budget estimate and relevant documents, as prescribed.
Apply Now : https://msme.gov.in/
Download Scheme Guidelines: https://www.indianjobtalks.in/uploads/42288-ICSchemeGuidelines.pdf