Scheme Name: Financial assistance to SMEs

State: Punjab

Description of the Scheme: Financial assistance to SMEs for 'Emerge' exchange platform set up by NSE

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: State will provide following incentives:
i)10% of cost of Public Issue expenses, subject to maximum of Rs.2.50 lakh for registration of National Stock Exchange.
ii) Direct subscription upto 10% of Public Issue to be provided out of corpus to be created jointly with SIDBI, nationalised banks & State Government subject to a maximum of Rs.10 lakh.

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

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

How to apply:

http://investpunjab.gov.in

Whom to Contact: PBIP, Udyog Bhawan building, Himalayan Marg,
Chandigarh - 160017
#172-2776001
Email: infor@invest.gov.in