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Entrepreneur Support Scheme

Entrepreneur Support Scheme (ESS) is the most popular & attractive scheme operated by the Directorate of Industries and Commerce.The scheme aims to provide financial assistance to Micro,Small&Medium Enterprises engaged in manufacturing activities in the State,proportional to capital investment made.

Ministry / Department
Industries and Commerce Department
Level
State
Benefit type
cash
Last verified: Recently

Entrepreneur Support Scheme क्या है?

Entrepreneur Support Scheme (ESS) is the most popular & attractive scheme operated by the Directorate of Industries and Commerce.The scheme aims to provide financial assistance to Micro,Small&Medium Enterprises engaged in manufacturing activities in the State,proportional to capital investment made.

लाभ
1. Provides Subsidy for the investment in Land, Building, Plant and machinery, Electrification, Essential Office Equipment, Pollution Control Devices, and other fixed assets. 1. For the General Category, assistance is 15% of the capital investment limited to ₹30 lakh. 1. For Young (18 to 45 years), Women, SC/ST, and Non-Resident Keralite (NRK) entrepreneurs, the assistance is 25% limited to ₹40 lakh. 1. Enterprises in priority sectors are eligible for an additional assistance of 10% limited to ₹10 lakh. 1. MSMEs started in the districts of Idukki, Wayanad, Kasargode and Pathanamthitta are eligible for an additional support of 10% limited to ₹10 lakh. 1. Enterprises set up after acquiring new technology from approved research institutions are eligible for additional support of 10% limited to ₹10 lakh. 1. The total eligible assistance for an enterprise is limited to ₹40 lakh.
स्तर
State — Kerala
मंत्रालय / विभाग
Industries and Commerce Department
लाभ का प्रकार
cash
मुख्य पात्रता
1. All Micro, Small, and Medium Enterprises engaged in manufacturing activities and set up in the State, which had filed Entrepreneurs Memorandum Part I/II with the respective General Manager; District Industries Centre shall be eligible for this assistance. 1. For the purpose of this scheme an indu
अंतिम सत्यापन
Recently

Benefits

1. Provides Subsidy for the investment in Land, Building, Plant and machinery, Electrification, Essential Office Equipment, Pollution Control Devices, and other fixed assets. 1. For the General Category, assistance is 15% of the capital investment limited to ₹30 lakh. 1. For Young (18 to 45 years), Women, SC/ST, and Non-Resident Keralite (NRK) entrepreneurs, the assistance is 25% limited to ₹40 lakh. 1. Enterprises in priority sectors are eligible for an additional assistance of 10% limited to ₹10 lakh. 1. MSMEs started in the districts of Idukki, Wayanad, Kasargode and Pathanamthitta are eligible for an additional support of 10% limited to ₹10 lakh. 1. Enterprises set up after acquiring new technology from approved research institutions are eligible for additional support of 10% limited to ₹10 lakh. 1. The total eligible assistance for an enterprise is limited to ₹40 lakh.

Eligibility

1. All Micro, Small, and Medium Enterprises engaged in manufacturing activities and set up in the State, which had filed Entrepreneurs Memorandum Part I/II with the respective General Manager; District Industries Centre shall be eligible for this assistance. 1. For the purpose of this scheme an induArea: KeralaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 01: All applications for assistance under the "Entrepreneur Support Scheme" shall be submitted online by the applicant through the designated website of the Industries Department and produce the originals along with details of acknowledgment received at the time of filing online, before the Recommending Authority. Step 02: The application will be processed by the Sanctioning Authority and the assistance will be sanctioned based on merit Step 03: An application fee of ₹1105/- has to be remitted per unit. Start-up Support: Step 01: An entrepreneur who intends to avail the startup support shall apply in duplicate before the General Manager, District Industries Centre in the prescribed application form with the necessary documents and copy of the Project Report. Step 02: The General Manager shall thereafter within 15 working days prepare a Technical Feasibility Report of the Project and forward the same to the concerned financial institution for sanction of eligible Term Loan. Step 03: After sanctioning the Term Loan, the financial institution may furnish their recommendation in the prescribed format along with attested copies of the Sanction Letter towards the Term Loan and Project Report Investment Support: Step 01: All enterprises shall apply for investment support within one year of commencement of commercial production. The District Level Committee and State Level Committee shall however be competent to condone delays in individual cases on merits. The District Level Committee may condone delays only up to a period of two years. Step 02: All applications shall be made to the respective recommending authority only after starting commercial production. All eligible investments as of the date of application for assistance can be admitted for investment support provided the same is envisaged in the original Detailed Project Report irrespective of the date of commencement of commercial production. Technology Support: Step 01: All industrial units shall apply for Technology support within six months from the date of commencement of commercial production after installing the new technology. Step 02: The District Level committee shall however be competent to condone delays in individual cases on merits. The technology support can be claimed by new units or existing units without being a part of the diversification/expansion/modernization programme. Step 03: The application for technology support shall be filed before the Recommending Authority along with copies of invoices of the machinery acquired in this regard with proofs of payment from the research institutions owned or controlled by Government such as CFTRI, CSIR, DFRL, DRDO, Rubber Board, CTCRI, ICAR, KVK etc. supported with proof towards the payment of consultancy charges, valuation certificate of a Mechanical Engineer not below the rank of an Assistant Executive Engineer of Government Department (Industries, PWD, LSGD, Irrigation, etc.) or a Chartered Engineer, Institution of Engineers India/Approved Valuer of Institution of Valuers, India and certificate from the research institutions that the technology is new. Government Engineering Colleges approved by AICTE, institutions under the Council of Science & Technology, universities, etc. which have Research and development facilities and which develop technologies for industry shall also be considered as research institutions for the purpose of Technology Support. Note 01: The Officer while accepting the application form should examine whether all necessary details have been furnished. If any information is found inadequate, the same should be intimated to the applicant unit both electronically and otherwise, and granted 10 days’ time to rectify the defects. Note 02: A Committee shall be constituted in all offices of the Recommending Authorities that shall monitor all units that avail assistance under this Scheme to verify whether they satisfy the provisions of this Manual. Any verification of the utilization of the assistance granted may preferably be made through the financial institution that financed the applicant unit. A unit that avails assistance under this Scheme shall also be under the obligation to furnish copies of balance sheets, valid licenses from local bodies, electricity bills, performance particulars in the prescribed proforma, etc. every year till the stipulated period before the 31st December of the next financial year, as proof of their functioning.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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