SAMSMEARM

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.

The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive.

The component "Assistance in Rent to MSEs" provides financial assistance to Micro and Small Enterprises (MSEs) that have acquired a rented or leased shed for manufacturing activities.

• The enterprise must be a Micro or Small Enterprise (MSE).
• The enterprise must be engaged in manufacturing activities.
• The business must have acquired a rented/leased shed for its operations.
• The shed owner must have legal ownership and possession of the property.
• The manufacturing unit must be consuming electricity/power for its activities.
• The assistance will be applicable from the rent deed date or three months prior to production, whichever is later.

• Financial Support: Reimbursement of 65% of rent paid, up to ₹1,00,000/- per annum. - Long-term Assistance: Available for a maximum period of 5 years.