Scheme Name: Financial Assistance for Emerge Exchange platform set up by NSE to SMEs

State: Punjab

Description of the Scheme:

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: (a) 10% of cost of Public Issue expenses, subject to maximum of Rs.2.50 lakh for registration of National Stock Exchange.
(b) Direct subscription up to 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: Unit must be registered with portal and submit application for approval. Unit shall proceed for public issue after approval of application by competent authority. Application for grant of financial assistance on expenses on registration with NSE, along with listed documents would be submitted on web portal. Unit shall claim assistance within 3 months of date of full and final subscription of public issue.

Whom to Contact: General Manager, District Industries Centre