Scheme for Providing Financial Assistance For Marketing Support

Ministry of Micro,Small & Medium Enterprises, Govt of India has started a Marketing Assistance Scheme.

The assistance is provided for the following activities:

• Organizing Exhibitions abroad and participation in International Exhibitions/Trade Fairs.
• Co-sponsoring of Exhibitions organized by other organisations/ industry associations/agencies.
• Organizing Buyer-Seller Meets, Intensive Campaigns and Marketing Promotion Events

Objectives:            

• To enhance marketing capabilities & competitiveness of the MSMEs.
• To showcase the competencies of MSMEs.
• To update MSMEs about the prevalent market scenario and its impact on their activities.
• To facilitate the formation of association of MSMEs for marketing of their products and services.
• To provide platform to MSMEs for interaction with large institutional buyers.
• To disseminate/ propagate various programmes of the Government.
• To enrich the marketing skills of the micro, small & medium entrepreneurs.

Eligibility:

MSMEs, Industry Associations and other organizations related to MSME sector can apply.

Benefits:

• Financial assistance of up to 95% of the airfare and space rent of entrepreneurs. Assistance is provided on the basis of size and the type of the enterprise.
• Financial assistance for co-sponsoring would be limited to 40 % of the net expenditure, subject to maximum amount of Rs. 5 lakh

How to apply:

The applications/proposals for seeking assistance under the scheme shall be submitted to the nearest office of National Small Industries Corporation, with full details and justification.

For More Info: Click here