Some of the prominent schemes available for entrepreneurs in India:
1. New Entrepreneur-cum-Enterprise Development Scheme (NEEDS):
This scheme aims to assist first-generation entrepreneurs by providing them with various incentives such as subsidy, training, and marketing assistance. https://www.tiic.org/need-scheme/
2. Unemployed Youth Employment Generation Programme (UYEGP):
It aims to mitigate the problem of unemployment among the educated youth by providing financial assistance to set up micro-enterprises.
3. Tamil Nadu Industrial Guidance & Export Promotion Bureau (IGEPB):
This bureau provides guidance and support to entrepreneurs interested in establishing industrial units in the state.
4. Single Window Clearance:
The state government offers a single window clearance mechanism to facilitate speedy approvals for setting up industries. This initiative simplifies the process for obtaining various licenses and clearances.
5. Tamil Nadu Industrial Development Corporation (TIDCO):
TIDCO provides a range of services to facilitate the growth of industries in the state, including project identification, project financing, and assistance in obtaining approvals.
6. Tamil Nadu Small Industries Development Corporation Limited (SIDCO):
SIDCO offers various incentives and support services for the development of small-scale industries.
7. Tamil Nadu Industrial Investment Corporation Limited (TIIC):
TIIC provides financial assistance to industries and businesses for the purchase of land, construction of buildings, and purchase of machinery.
8. Credit Linked Capital Subsidy Scheme (CLCSS):
This scheme provides capital subsidy to small-scale industries for upgrading their technology.
9. Incentives for Micro, Small, and Medium Enterprises (MSMEs):
Various incentives like concessional power tariff, preferential allotment of land, and waiver of stamp duty are provided to MSMEs.
10. Incentives for Women Entrepreneurs:
Special incentives are provided to women entrepreneurs to encourage their participation in the business sector.
11. Technology Development and Modernization Fund (TDMF):
This fund provides financial assistance for technology upgradation and modernization of industries.
12. Quality Management Standards and Quality Technology Tools (QMS & QTT):
Support is provided to industries for the implementation of quality management standards.
Remember, the availability and details of these schemes may change over time, so it's essential to consult official government sources or related departments for the most recent information and application procedures.
Government of India Schemes for entrepreneurs:
1. Startup India:
- Objective: To promote and support startups in India.
- Features: Provides funding, tax benefits, and other incentives for startups.
- Website: [Startup India](https://www.startupindia.gov.in/)
- Website: https://seedfund.startupindia.gov.in/
2. Pradhan Mantri Mudra Yojana (PMMY):
- Objective: To provide financial assistance to micro-enterprises and small businesses.
- Features: Offers loans through Micro Units Development and Refinance Agency (MUDRA) under three categories - Shishu, Kishore, and Tarun.
- Website: [Mudra Yojana](https://www.mudra.org.in/)
3. Stand-Up India:
- Objective: To support SC/ST and women entrepreneurs by providing access to loans between Rs. 10 lakhs and Rs. 1 crore.
- Features: Encourages entrepreneurship among marginalized communities.
- Website: [Stand-Up India](https://www.standupmitra.in/)
4. Atal Innovation Mission (AIM):
- Objective: To promote innovation and entrepreneurship across India.
- Features: Provides support for incubators, research parks, and more.
- Website: [Atal Innovation Mission](https://aim.gov.in/)
5. National Small Industries Corporation (NSIC) Scheme:
- Objective: To facilitate the growth of small enterprises by providing various support services.
- Features: Offers financial support, marketing assistance, technology upgradation, and more.
- Website: [NSIC](https://www.nsic.co.in/)
6. Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE):
- Features: Guarantees up to 75-85% of the credit facility for eligible borrowers.
- Website: [CGTMSE](https://www.cgtmse.in/)
7. Skill India:
- Objective: To provide skill development training and encourage entrepreneurship.
- Features: Offers training programs to enhance employability and entrepreneurial skills.
- Website: [Skill India](https://www.skillindia.gov.in/)
8. Digital India:
- Objective: To promote digital literacy and create a digitally empowered society.
- Features: Provides various tools and platforms for digital business operations.
- Website: [Digital India](https://www.digitalindia.gov.in/)
9. Make in India:
- Features: Promotes innovation, infrastructure development, and ease of doing business.
- Website: [Make in India](http://www.makeinindia.com/)
Remember to visit the respective websites for the most current and detailed information on these schemes. Additionally, consulting with relevant authorities or professional advisors can provide further clarity on eligibility criteria and application procedures.
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