What you get
Scale of Assistance and Eligible Items of Expenditure: | Financial assistance towards costs incurred by first-time MSE Exporters on export shipments:- | Registration-cum-Membership Certificate (RCMC) charges/fee paid by the first-time exporter to relate EPCs 75% of the cost paid subject to a maximum of ₹20,000/- or actual, whichever is lower subject to quarterly reporting by EPCs as per prescribed format. Export Insurance Premium paid to Export Credit Guarantee Corporation Ltd. (ECGC) under the ECGC's Small Exporter's PolicyMaximum financial assistance in a financial year of ₹10,000/- or actual, whichever is lower subject to quarterly reporting by ECGC Ltd. as per prescribed formatFee paid on Testing & Quality Certification acquired by MSEs to Export Products (Note: Ministry of MSME shall share the list of beneficiaries who have availed the financial assistance under this sub-component, with MAI Division, Department of Commerce, on quarterly basis)75% of the testing and quality certification with a ceiling of ₹1.00 Lakh or actual, whichever is lower, subject to the following conditions: 1. Financial assistance is allowed for a maximum of 3 certificates per financial year with a ceiling of ₹1.00 Lakh per MSE unit. 2. Certificate, for which financial assistance is requested, should be attained within the same financial year.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the “International Cooperation Scheme”?
The scheme aims to capacity build MSMEs for entering export market by facilitating their participation in international exhibitions/fairs/conferences/seminar/buyer-seller meets abroad as well as providing them with actionable market-intelligence and reimbursement of various costs involved in export of goods and services. The Scheme provides opportunities to MSMEs to continuously update themselves to meet the challenges emerging out of changes in technology, changes in demand, emergence of new markets, etc. Thus, in totality, all components of the scheme aim at various aspects required to advance MSMEs position as emerging export player.
Which department has launched this scheme?
Ministry of Micro, Small and Medium Enterprises has launched this scheme.
What are the benefits provided under the scheme?
Under the scheme, financial assistance will be provided for the following: | Registration-cum-Membership Certificate (RCMC) paid by the first-time exporters for registration with EPCs. | Export insurance premium paid by MSEs. | - Fee paid on Testing & Quality Certification acquired by MSEs to export products.
Who can apply under this scheme?
The Micro and Small Enterprises with valid Udyam Registration are eligible to apply under the scheme.
What is the criterion for Importer Exporter Code for claiming benefits under the scheme?
To claim the benefits under the scheme, the applicant's Importer Exporter Code (IEC) must not be older than 3 years on the date of export shipment.
What is the quantum of assistance for Registration cum Membership certification (RCME)?
75% of the cost paid subject to a maximum of [?]20,000/- or actual, whichever is lower subject to quarterly reporting by EPCs as per the prescribed format.
What is the quantum of assistance for Export Insurance Premium?
Maximum financial assistance in a financial year of [?]10,000/- or actual, whichever is lower subject to quarterly reporting by ECGC Ltd. as per prescribed format.
How to apply under this scheme?
The applicant Organisation will submit an online application for financial assistance, along with the relevant documents in the proforma (prescribed on the IC Scheme portal: https://ic.msme.gov.in) giving full details of expenditure.
How will the grant be released under the scheme?
Grants under the Scheme will be released on a reimbursement basis on submission of the reimbursement claim in the proforma (uploaded on the IC Scheme Portal). The claim must be accompanied with the documents, as prescribed by the Ministry.