Scheme Name: Additional State Support under CLCSS for Technology Upgradation for MSMEs

State: Punjab

Description of the Scheme:

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

Under CLCSS for technology Up Gradation of Ministry of MSME, Govt. of India provides 15% up front capital subsidy for facilitating technology up-gradation in specified sectors/ products of industry with a maximum of Rs.15 lakhs.

State Government would also provide interest subsidy at 5% up to a maximum of Rs.5 lakhs per year for a period of 3 years and shall not exceed amount of net SGST paid during the relevant year to such units eligible under CLCSS scheme.

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

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

How to apply: http://investpunjab.gov.in/Content/documents/Notifications/Detailed_Schemes_and_Operational_Guidelines.pdf

Whom to Contact:

#172-2776001

Email: infor@invest.gov.in