State Schemes for MSMEs

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Scheme Name: Chief Minister's Employment Generation Programme

State: Maharashtra

Description of the Scheme: The state govt. would start CM Employment Generation Programme 2022 in which govt. aims to setup 1 lakh units in 5 years. Around 40% of these units would be started in rural areas. The target is to setup 10,000 micro ventures by 1st generation entrepreneurs.

Target group :

Sector of the Scheme:

Eligibility Criteria:

a) Any individual between 18 to 45 years of age. For Special category (including SC/ST/Women/ Ex-servicemen/Differently abled) age is relaxed by 5 years.

 b) Applicant(s) should be resident of Maharashtra. In case of birth outside Maharashtra, the applicant must possess domicile certificate.

c) There will be no income ceiling to become eligible for availing financial assistance.

d) The constitutions eligible for setting up new units/ventures established under the scheme are Proprietorship, Partnership and Self-Help Groups (SHG?s) registered with respective authorities.

Nature & Mode of Assistance: It will provide financial assistance as a viability gap funding. This funding would be for approved project cost of upto Rs. 50 lakh for manufacturing activities and upto Rs. 10 lakh for service sector activities.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: https://maha-cmegp.gov.in/homepage

Whom to Contact: Directorate of Industries

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