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Business & Entrepreneurship

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Raising Capital through SME Exchange

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.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

- Financial Assistance: MSMEs can avail of 25% reimbursement of expenses incurred in raising funds through the SME Exchange, up to ₹5,00,000/-. - Equity Capital Support: Helps MSMEs raise equity capital for business expansion and growth. - Encouragement for Listing: Incentivizes MSMEs to get listed on the SME Exchange, improving visibility and credibility.

Who can apply

The enterprise must be registered as an MSME at the time of listing.; The MSME must have successfully raised equity capital through the SME Exchange.; The enterprise must apply within one year of the listing date.; The fundraising should be as per the approved scheme by the SME Exchange.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.

What is the duration of the scheme?

The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.

What is the objective of the component "Assistance for Raising Capital through SME Exchange"?

The component "Assistance for Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.

What is the SME Exchange, and how does it help MSMEs?

The SME Exchange is a dedicated platform that allows Micro, Small, and Medium Enterprises (MSMEs) to raise equity capital by listing their businesses. It helps MSMEs gain visibility, attract investors, and secure funding for business expansion.

Who is eligible to apply for financial assistance under this scheme?

MSMEs that have successfully raised equity capital through the SME Exchange and apply within one year from their listing date are eligible for financial assistance under this scheme.

What percentage of expenses can be reimbursed under this scheme?

Under this scheme, 25% of the expenses incurred in raising funds through the SME Exchange can be reimbursed, up to a maximum limit of [?]5 lakh.

What is the purpose of this financial assistance?

The purpose of this financial assistance is to encourage MSMEs to raise equity capital through the SME Exchange by partially reimbursing the expenses incurred during the fundraising process.

When should an MSME apply for assistance after getting listed?

An MSME must apply for financial assistance within one year from its listing date on the SME Exchange.

Can an enterprise that is not classified as an MSME apply for this scheme?

No, only enterprises classified as MSMEs on the date of listing on the SME Exchange are eligible for this financial assistance.

What happens if an MSME fails to raise equity capital through the SME Exchange?

If an MSME fails to raise equity capital through the SME Exchange, it will not be eligible to apply for financial assistance under this scheme.

What role does GVFL play in this scheme?

GVFL (Gujarat Venture Finance Limited) may take equity in enterprises that are registered with the SME Exchange, providing additional financial support and investment opportunities.

Are there any restrictions on how the financial assistance can be used?

Yes, the assistance can only be used to reimburse 25% of the expenses incurred in raising equity capital through the SME Exchange, as per the approved scheme.