EDII

Innovation Voucher Programme encourages the MSMEs and start-ups to utilize the services of a knowledge partner for furthering their innovative enterprises at the stage of pre-development and product or process development activities.

Fame TN

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Support for organising exhibitions/ fairs within the country for the benefit of MSME sector. The registered MSME Associations existence for a period of at least 3 years with minimum of 25 MSME units as it’s member shall be eligible for availing financial benefits and should be able to demonstrate sufficient experience and capability for holding such
events.

You may avail financial assistance to cover travel and accommodation expenses incurred for attending international trade fairs, subject to the following terms and conditions. A covering letter on the company’s official letterhead must be submitted, requesting FaMeTN’s Sponsorship Reimbursement, and should include the company profile, details of products manufactured or sold, the gender of the owner, the total expenditure incurred for participation, and the name and designation of the representative who attended the Expo; the letter must also bear the authorized signatory’s signature and official seal. For sector‑specific or product‑specific fairs, only MSMEs operating within the relevant sectors will be eligible for support. Additionally, taxes or duties of any kind, whether levied within the country or abroad, will not be considered for reimbursement.


You may avail financial assistance to cover travel and accommodation expenses incurred for attending Domestic trade fairs within the country, subject to the following terms and conditions. A covering letter on the company’s official letterhead must be submitted, requesting FaMeTN’s Sponsorship Reimbursement, and should include the company profile, details of products manufactured or sold, the gender of the owner, the total expenditure incurred for participation, and the name and designation of the representative who attended the Expo; the letter must also bear the authorized signatory’s signature and official seal. For sector‑specific or product‑specific fairs, only MSMEs operating within the relevant sectors will be eligible for support. Additionally, taxes or duties of any kind, whether levied within the country, will not be considered for reimbursement.


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You can get a collateral-free loan of up to 2 crores, with a simple approval process 


Reimbursement of expenses incurred towards organising the event, subject to a maximum of INR 2,00,000 per academic association per year.

Industries Commissioner and Director of Industries and Commerce

If your business has an existing loan, you can get upto 5% subsidy for the interest amount


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New businesses in Tamilnadu can get financial assistance to expand and diversify their commercial activities


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Your business can get financial assistance to set up power generators, to ensure continuous electricity supply


If you’re a private industrial estate developer, you can get a 20% subsidy on infrastructure cost 


If you have just started a business, you can get financial assistance with electricity charges.


You can reduce business expenditure on Employee Provident Fund (EPF), if you have employed more than 20 members


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You can get financial assistance to purchase energy saving components and carry out energy consumption audit.


Your business can get 50% back of the registration fee and stamp duty, on purchasing industrial land 


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If you want to train young employees, your business can get subsidy on training costs


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If you’re a first-time entrepreneur, you can get financial assistance and get access to industrial estates 


If you run a smaller manufacturing business, you can get financial assistance in purchasing plant and machinery


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Under this scheme, eligible applicants receive loan support up to ₹10 lakhs, along with a 25% government subsidy, making it one of the most accessible business funding options in Tamil Nadu.

Traditional Artisans and Craftspersons of Tamil Nadu can now apply for collateral free loan up to Rs. 3 lakh on which they will get credit linked subsidy of 25% of loan amount or maximum of Rs. 50,000/- along with other benefits under Kalaignar Kaivinai Thittam.
Read the article to get complete details about the scheme.

If you want to expand your businesses, you can get financial assistance of upto 25 lakhs on plant and machinery 


This scheme provides your business a subsidy for purchasing environment-friendly plant and machinery


The Annal Ambedkar Business Champions Scheme (AABCS) was launched to provide financial assistance to all the new entrepreneurs in the Tamil Nadu state. 

If you’re a woman, SC/ST, differently abled or a transgender person, you can get a subsidy on plant and machinery 


Sellers can file a complaint online if the buyer delays payment, and get a resolution within 90 days

Your business can get a 100% subsidy of the cost to get a Quality Certification (Q-Cert)


TANSIDCO

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If you’re part of an MSME association that wants to relocate, you can get a 50% subsidy on infrastructure


If you’re part of a business association that wants to relocate, you can get a 75% subsidy on infrastructure


Your business can get support to set up work facility in the same area as larger companies


You can access Government grants for studies, soft interventions, and workspace facilities to grow your venture. 


TANSIM

You can receive funding up to 25 lakh, extendable to INR 50 lakh for exceptional projects, with part as a grant. 


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Tamil Nadu Scheduled Caste / Scheduled Tribe Startup Fund is an exclusive initiative of the Government of Tamil Nadu to address the issue of financial exclusion of entrepreneurs belonging to marginalised communities. The objective of this fund is to invest in startups founded by entrepreneurs exclusively from the Scheduled Caste / Scheduled Tribe communities.

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FaMe TN – ன் தகவல்கள் மற்றும் சமீபத்திய நிகழ்வுகளைப்  பற்றி தெரிந்து கொண்டு, உங்கள் நிறுவனத்தை மேம்படுத்துங்கள்.

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