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Find similar grantsCredit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation is sponsored by Government of India. CLCSS offers a 15% capital subsidy to MSMEs and startups to help them upgrade their technology and equipment.
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Development Commissioner Ministry of Micro, Small & Medium Enterprises सूक्ष्म , लघु और मध्यम उद्यम मंत्रालय Development Commissioner Ministry of Micro, Small & Medium Enterprises Amalgamation of public sector-reg. Continuation of Credit Linked Capital Subsidy component under CLC-TUS for 03 years from 2017-18 to 2019-20 - regd.
Implementation of CLCS component of CLCS-TUS and SCLCSS through online application and tracking system of MIS and acceptance of application-regd. Clarification om dated 30th Aug 2019 . reg Co-option as PLI with SIDBI and NABARD under CLCS component of ClCS-TU scheme .
reg Credit Linked Capital Subsidy Scheme for Technology Upgradation The objective of the Scheme is to facilitate technology up-gradation in MSEs by providing an upfront capital subsidy of 15 per cent (on institutional finance of upto Rs 1 crore availed by them) for induction of well-established and improved technology in the specified 51 sub-sectors/products approved.
In other words the major objective is to upgrade their plant & machinery with state-of-the-art technology, with or without expansion and also for new MSEs which have set up their facilities with appropriate eligible and proven technology duly approved under scheme guidelines. List of Technologies is available at www. dcmsme.
gov.in The Scheme is a demand driven one without any upper limit on overall annual spending on the subsidy disbursal.
The revised scheme aims at facilitating technology up-gradation by providing 15% up front capital subsidy to MSEs, including tiny, khadi, village and coir industrial units, on institutional finance availed by them for induction of well established and improved technologies in specified sub-sectors/products approved under the scheme. Micro and Small Enterprises (MSEs) having a valid UAM number.
Online Application and Tracking System has been introduced w. e. f.
01. 10. 2013.
To claim subsidy under CLCSS, eligible MSEs are required to apply online through Primary Lending Institutions (PLIs), from where the MSEs avail term loan. The completed application is being uploaded by the PLI through Online Application and Tracking System to the attached Nodal Agency which, in turn, recommends the application online to Office of DC (MSME) for release of subsidy.
After processing of application and subject to availability of funds, due approval is accorded from the Competent Authority with concurrence of Internal Finance Wing, after which funds are released to Nodal Agencies. Funds are then transferred by the Nodal Agencies to the PLIs where the account of the MSE is operated. At present the Scheme is under revision and will be launched soon after obtaining the
According to the current listing, eligibility includes: MSMEs and startups in India looking to upgrade their technology and equipment by availing a term loan from a lender through the CLCSS scheme. Confirm the full requirements in the official notice before applying.
Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation is funded by Government of India. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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