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405 results Business & Entrepreneurship
💼 Business & EntrepreneurshipState/ UT

'Financial Assistance for Setting Up of Sales Emporia by Industrial Associations, Handicrafts Societies and Recognized Institutions' under 'Marketing And Publicity'

In this scheme, financial support will be provided via the Industrial Associations, Handicrafts Societies and Recognized Institutions for promotion of Handicrafts, Coir, Jute, Micro and Small Industrial products, i.e. for acquiring suitable buildings/premises & providing infrastructure facilities.

💰Financial support via the Industrial Associations, Handicrafts Societies and Recognized Institutions. | - Promotion of Handicrafts, Coir, Jute, Micro and Small Industrial products. | - Acquisition of suitable buildings/premises and infrastructure facilities for setting up of Sales Emporia locally and in important cities in India.
💼 Business & EntrepreneurshipState/ UT

'Grant-in-Aid to Industrial Association, CII, Industrial NGOs for Promotion of SME Clusters' under 'Marketing And Publicity'

Through this scheme, financial assistance is provided to the Industrial Associations, CII, and Industrial NGOs for the promotion of the SME Cluster. The financial assistance is 75% of the actual cost, subject to a maximum of ₹3,00,000/- per unit in cluster.

💰The financial assistance is 75% of the actual cost, subject to a maximum of ₹3,00,000/- per unit in cluster.
💼 Business & EntrepreneurshipState/ UT

'Organizing/ Participation in Exhibitions /Trade Fairs /Expo /Seminars /Investors Meets, etc' under 'Marketing And Publicity'

Through this scheme, Promotion Campaigns, Exhibitions, Trade Fairs, Investors Meets, Seminars etc., are arranged in important towns/cities of India and abroad, to attract industries to invest in Puducherry. This will help them in increasing the marketability of these products.

💰Promotion Campaigns, Exhibitions, Trade Fairs, Investors Meets, Seminars etc., are arranged in important towns/cities of India and abroad, for the market promotion (display cum sale) for (MSME) products (industrial products, handicraft products, cottage industries products, etc). | - The participating artisans/unit industrialists are paid traveling expenses restricted to second-class railway fare and Daily Allowance (DA) at the rate of ₹400/- per day per person. | - Payment of honorarium and winter clothing for the officials of this department on duty in India International Trade Fair, New Delhi and other Fair/ Exhibitions held in other major cities. | (a) Honorarium at the rate of ₹400/- per day in addition to the normal DA. | (b) Winter clothing allowance not exceeding ₹3,500/- during such trade fair.
💼 Business & EntrepreneurshipState/ UT

'Rent Subsidy for Sales Emporia Established by Handicrafts / Micro & Small Industries Emporium' under 'Marketing And Publicity'

In this scheme, financial support will be provided via the Industrial Associations, Handicrafts Societies and Recognized Institutions for promotion of Handicrafts, Coir, Jute, Micro and Small Industrial products, i.e. for acquiring suitable buildings/premises and providing infrastructure facilities.

💰Rent subsidy to Sales Emporium/Showroom at the rate of 90% subsidy subject to maximum of ₹10, 000/- per month for three years. | - Financial assistances for providing infrastructure facilities to such buildings/premises. | - 75% of the expenses of infrastructure facilities / interior decoration works in the Sales Emporia buildings/premises to be borne under the scheme, subject to maximum of ₹1,50,000 or the actual whichever is less, for a minimum period of 3 years.
💼 Business & EntrepreneurshipState/ UT

"Assistance for Energy and Water Conservation" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

Through this scheme, 50% of the fees paid to the recognized institution/consultant for conducting the energy/water audit is reimbursed. The unit should have achieved saving in energy/water minimum by 10% of average monthly consumption of previous 12 months before conduct of audit.

💰Reimbursement of 50% of the fees paid to the recognized institution/consultant for conducting the energy/water audit, subject to a limit of ₹25,000/-. | Number of Installments | In single or multiple installments, depending on the availability of fund. | Mode of Disbursement | - The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. | - In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | *The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks.
💼 Business & EntrepreneurshipState/ UT

"Assistance for Intellectual Property Protection Support" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

Through this scheme, assistance of 50% is provided subject to a maximum of ₹2,00,000/- for the expenditure for obtaining domestic patent (₹5,00,000/- for international patent). The applications are accepted offline in the prescribed form available on the Official Website of the Department.

💰Assistance @ 50% subject to a maximum of ₹2,00,000/- for the expenditure for obtaining domestic patent (₹5,00,000/- for international patent). | Time of Disbursement | After the publication/notification of the patent. | Number of Installments | In single or multiple instalments, depending on the availability of funds. | Mode of Disbursement | - The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for working capital purposes. | - In the case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | _*The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks._
💼 Business & EntrepreneurshipState/ UT

"Assistance for Technology Acquisition" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Capital Intensive Industries"

Through "Assistance for Technology Acquisition", assistance for acquisition of appropriate technology in any form for specific product/process is provided by way of 50% grant subject to a maximum of ₹10,00,000/-. The applications are accepted offline in the prescribed form available.

💰Assistance: 50%. | Ceiling: ₹10,00,000/-. | Purpose: Acquisition of Appropriate Technology in Any Form for Specific Product/ Process. | Number of Installments | In single or multiple installments, depending on the availability of fund. | Mode of Disbursement | - The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. | - In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | *The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks.
💼 Business & EntrepreneurshipState/ UT

"Capital Investment Subsidy (for New and Existing Industries)" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Capital Intensive Industries"

Through "Capital Investment Subsidy (for New and Existing Industries)", the enterprises & entrepreneurs are provided subsidies of upto 45% on the investments made on land, buildings, plants and machinery. The applications are accepted offline in the prescribed form available on the Official website.

💰For Micro and Small Enterprises, a 40% subsidy on the investments made on land, building, plant and machinery, subject to a maximum of ₹40,00,000/-. | - For Medium and Large Enterprises, a 35% subsidy on the investments made on land, building, plant and machinery, subject to a maximum of ₹35,00,000/-. | - For Women/SC/ST Entrepreneurs, a 45% subsidy on the investments made on land, building, plant and machinery, subject to a maximum of ₹75,00,000/-. | Number of Installments | In single or multiple instalments, depending on the availability of funds. | Mode of Disbursement | - The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for working capital purposes. | - In the case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | *The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including cooperative banks.
💼 Business & EntrepreneurshipState/ UT

"Capital Investment Subsidy: 5% Additional Capital Investment Subsidy to Karaikal Region" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

The "Capital Investment Subsidy: 5% Additional Capital Investment Subsidy to Karaikal Region" is a Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme by the Department of Industrial Development (Industries and Commerce), UT of Puducherry.

💰5% Additional Incentive on the Existing Subsidy Schemes to the Units in Karaikal Region: | - 30% subject to a limit of ₹30,00,000/- in case of SC/ST/Women Entrepreneurs. | - 25% subject to a limit of ₹25,00,000/- for IT Industries. | - 40% subject to a limit of ₹35,00,000/- for Small and Micro Thrust Area Enterprises. | - 25% Subject to a Maximum of ₹25,00,000/- for Medium and Large Thrust Area Enterprises. | The priority industries which will be announced by Government and set up in Karaikal district shall be eligible for subsidy at the rate of 25% on fixed asset viz., land, building and plant and machinery subject to a maximum of ₹40,00,000/-.
💼 Business & EntrepreneurshipState/ UT

"Capital Investment Subsidy: Physically Handicapped Persons/ Ex-Servicemen" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

Through this scheme, the new industrial units which started production on or after 5th August 2009 by physically handicapped entrepreneurs and Ex-Servicemen for the investments made on land, building and plant and machinery are eligible for capital investment subsidy at the rate of 25%.

💰A capital investment subsidy at the rate of 25% thereon subject to a maximum of ₹25,00,000/- for the micro and small manufacturing enterprises for the investments made on land, building and plant and machinery. | Number of Installments | The subsidy shall be disbursed in a single instalment. | NOTE: Where due to paucity of funds in a particular financial year or for such other reasons as the case may be, single instalment disbursement is not possible, such disbursement will be made in instalments. | Mode of Disbursement | In the case of Units Financed by Financial Institutions/Banks, the subsidy amount shall be disbursed through the financial institutions/banks only, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or working capital purposes. | In the case of Self-financed Units, the subsidy shall be disbursed directly to the entrepreneurs.
💼 Business & EntrepreneurshipState/ UT

"Capital Investment Subsidy: SC/ST/Women Entrepreneurs" Component of the "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries" Scheme

"Capital Investment Subsidy: SC/ST/Women Entrepreneurs" is a scheme by the Department of Industrial Development (Industries and Commerce), Union Territory of Puducherry. The department extends subsidies for the investments made on land, buildings, plants & machinery @ 25%.

💰For Scheduled Caste/ Scheduled Tribe/ Women Entrepreneurs | Subsidy for the investments made on land, building, plant & machinery @ 25% thereof subject to a maximum of ₹25,00,000/-. | For Scheduled Caste and Scheduled Tribe Entrepreneurs | Subsidy at the rate of 25% on the land, building and plant & machinery subject to a cumulative maximum of ₹50,00,000/-. | Number of Installments | The subsidy shall be disbursed in a single instalment. | NOTE: Where due to paucity of funds in a particular financial year or for such other reasons as the case may be, single instalment disbursement is not possible, such disbursement will be made in instalments. | Mode of Disbursement | In the case of Units Financed by Financial Institutions/Banks, the subsidy amount shall be disbursed through the financial institutions/banks only, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or working capital purposes. | In the case of Self-financed Units, the subsidy shall be disbursed directly to the entrepreneurs.
💼 Business & EntrepreneurshipState/ UT

"Conducting of Exhibitions" Component of the "Development of Coir" Scheme

The scheme "Conducting of Exhibitions" aims to enhance awareness of diverse coir products and promote their market presence. It extends financial support, including a daily allowance of ₹150 per participant and travel reimbursements, to both local and outstation participants.

💰Participants receive a daily allowance of ₹150 during the exhibition. | - Travel expenses, in 2nd sleeper class, are provided for the journey from production units to the exhibition venue and back. | - Actual transportation charges for transferring coir products from industrial units to the exhibition site are covered. | - Free stall space is allocated to participants during the exhibition.
💼 Business & EntrepreneurshipState/ UT

"Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

Through the "Employment Incentive" scheme, Wage/Employment subsidy of 20% wage/salary up to a maximum of ₹5,00,000/- per annum, in case of workers who are covered under Provident Fund (PF), will be granted. The applications are accepted offline in prescribed form available on the Official Website.

💰Subsidy: Wage/Employment Subsidy of 20% Wage/Salary.- Ceiling: ₹5,00,000/- per annum.- Number of Installments: In single or multiple instalments, depending on the availability of funds.- Period: 5 years for Puducherry and Karaikal regions. 7 years for Mahe and Yanam regions. - Mode of Disbursement: The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | _*The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks._
💼 Business & EntrepreneurshipState/ UT

"Employment Incentive" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

A Wage/Employment subsidy of 20% of wage/ salary up to a maximum of ₹5,00,000/- per annum is provided in the case of workers who are covered under the Provident Fund (PF). The new units which commence production on or after 2-8-2004 would alone be eligible for this incentive for 5 years.

💰Wage/Employment Subsidy of 20% wage/salary up to a maximum of ₹5,00,000/- per annum for the workers who are covered under the Provident Fund (PF) (if applicable). | - "Employment Incentives", granted only if the unit has provided at least 60% of the employment to the people of UT of Puducherry. | *Wage/Salary would be limited by the minimum wages prescribed by the Government from time to time.
💼 Business & EntrepreneurshipState/ UT

"Entrepreneurship Development Programme" Component of the "Development of Coir" Scheme

The scheme aims to provide Entrepreneurship training, to encourage prospective entrepreneurs to start the coir industry. Awareness programmes will also be arranged for the existing coir industries about the modern technology and scheme, and incentives available under the State Grant.

💰Entrepreneurship training to prospective entrepreneurs to start the coir industry. | - Awareness programmes on modern technology and incentives under the state grant for existing coir industries.
💼 Business & EntrepreneurshipState/ UT

"Exhibition" Component of the "Development Of Handicrafts" Scheme

The "Exhibition" scheme by the Department of Industries and Commerce, Government of Puducherry, was introduced to boost the marketability of handicrafts and enhance sales through the organization of exhibitions. These exhibitions are conducted locally and in various states of the country.

💰Travelling allowance to-and-fro 2nd class (berth) train fare. | - For participation in A1 cities' exhibitions: Daily allowance of ₹300 per day per crafts person. | - For participation in non-A1 cities' exhibitions: Daily allowance of ₹200 per day per crafts person. | - For participation in local exhibitions: Daily allowance of ₹150 per day per crafts person. | - Reimbursement of actual expenditure for transporting handicrafts goods from the unit to the exhibition spot.
💼 Business & EntrepreneurshipState/ UT

“Exposure Tour for the Coir Artisans” Component of the "Development of Coir" Scheme

The scheme “Exposure Tour For The Coir Artisans” by the Dept of Industries and Commerce, Union Territory of Puducherry is introduced for acquiring the latest techniques and innovative ideas in various coir units located in other states, the exposure tour will be conducted for the coir artisans.

💰The expenses relating to conveyance, accommodation, fees to the visiting institution, etc will be paid. | - The participant will be provided ₹ 150/- per person per day as Daily Allowance.
💼 Business & EntrepreneurshipState/ UT

"Generator Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - Various Incentives"

Through the "Generator Subsidy" scheme, 50% subsidy is provided to the industrial units of the micro, small, medium and large industries for the purchase and installation of generators. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

💰Subsidy: 50%.- Purpose: For the purchase and installation of the Generator purchased on or after 1st April 2017.- Ceiling: ₹5,00,000/- per annum per industrial unit.- Number of Installments: In single or multiple instalments, depending on the availability of funds.- Mode of Disbursement: The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | _*The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks._
💼 Business & EntrepreneurshipState/ UT

"Generator Subsidy" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries"

Through this scheme, the micro, small and medium industrial units (manufacturing and service sector) shall be eligible for the grant of 50% subsidy with a cap of ₹5,00,000/- per industrial unit on the investment made on or after 5-3-2009 on generator sets. The applications are accepted offline.

💰50% subsidy with a cap of ₹5,00,000/- per industrial unit.
💼 Business & EntrepreneurshipState/ UT

"Grant of Margin Money for Availing Capital Loan" Component of the "Development of Coir" Scheme

The scheme "Grant of Margin Money for Availing Capital Loan" aims to incentivize entrepreneurs to establish new coir industries & revitalise existing ones. The units must be set up in Puducherry. The scheme provides margin money upon receipt of a financial institution's sanction order for a project.

💰25% margin money, capped at ₹25,00,000, upon receipt of a financial institution's sanction order for a project worth ₹1,00,00,000. | - The loan amount will be released to the bank on behalf of the entrepreneurs. | - The commercial production should commence within six months of the Margin Money Grant release.
💼 Business & EntrepreneurshipState/ UT

"Grant of Margin Money for Availing the Capital Loan" Component of the "Development of Silk" Scheme

The scheme aims to encourage the entrepreneur to set up Silk Weaving Units in Puducherry. This margin money grants will reduce the initial financial burden on the entrepreneurs while availing term loan/working capital loan from the financial institutions for setting up of silk weaving units.

💰25% as margin money (restricted to ₹50,000/-) on the loan amount, upon receipt of sanction order from the financial institution. | - The amount is released to the bank on behalf of the entrepreneurs.
💼 Business & EntrepreneurshipState/ UT

"Grant to Coir Cluster/Societies/Agency" Component of the "Development of Coir" Scheme

The "Grant to Coir Cluster/Societies/Agency" scheme aims to foster the development of coir industries. The scheme encourages unemployed rural youth and artisan individuals to participate in the manufacturing and sales of coir products. Grant of ₹2,00,000 per year is provided for five years.

💰Grant of ₹2,00,000 per year for five years to cover administrative and developmental expenses.
💼 Business & EntrepreneurshipState/ UT

"Grant To Handicrafts Societies" Component of the "Development of Handicrafts" Scheme

“Grant To Handicrafts Societies” by the Department of Industries and Commerce, UT of Puducherry aims to encourage the creation of Handicrafts Societies to enhance coordination and skill among craftspeople. Grants are provided to registered societies for organizing or participating in exhibitions.

💰Grants to Handicrafts Societies for conducting exhibitions. | - PUDUMAI Handicrafts Artisans Society in Puducherry receives an annual grant of ₹10,00,000 for exhibition conduct. | - Other eligible societies receive ₹2,00,000 per annum for participating in exhibitions in and outside India for 5 years.
💼 Business & EntrepreneurshipState/ UT

"Grant to Silk Societies/Agency" Component of the "Development of Silk" Scheme

The scheme "Grant to Silk Societies/Agency" aims to encourage the silk weaving artisans to form registered societies/agencies to develop a cluster approach among the artisans which is effective and advisable at present for the successful development of their business.

💰Grant of ₹2,00,000 per annum for 5 years, allocated for Administrative and Marketing expenses.
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