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Entrepreneur Support Scheme

Financial Assistance
आवेदन प्रक्रिया
आवश्यक दस्तावेज़
अधिकतर पूछे जाने वाले सवाल
Entrepreneur Support Scheme (ESS) is the most popular and attractive scheme operated by the Directorate of Industries and Commerce, Government of Kerala. The scheme is operational w.e.f. 01.04.2012. The scheme aims to provide financial assistance to Micro, Small, and Medium Enterprises engaged in manufacturing activities in the State, proportional to the capital investment made. Depending upon the category of the investor, sector, and the District of investment, the unit can avail subsidy from 15% to 45% of the fixed capital investment. For this scheme, a loan from a financial institution is not mandatory.
Objectives: The new Entrepreneur Support Scheme intends to
• provide extensive support to micro, small and medium enterprises and
• give one-time support to entrepreneurs, with due regard to special categories by optimal utilization of funds and giving more flexibility of operation while implementing the Scheme.
Stages in Entrepreneur Support Scheme: The assistance under the Entrepreneur Support Scheme shall be released to the eligible entrepreneur (s)/unit in 3 stages.
1. Start-up Support
The Start-up support is provided for those enterprises that have availed at least a term loan from a financial institution and wish to avail of a part of the total eligible support prior to the commencement of commercial production. The assistance is limited to 50% of the total eligible support limited to ₹3 lakh on sanctioning the term loan from the bank. The unit can apply for the balance of the eligible support once it starts commercial production. A unit that does not avail of Start-up Support can directly apply for investment support, after the commencement of commercial production.
2. Investment Support
Investment Support is provided after the commencement of commercial production. To apply for Investment Support, a loan from a financial institution is not mandatory. The entrepreneurs shall apply within one year from the date of commencement of production. Enterprises undertaking Expansion, Diversification, or Modernization are also eligible for investment support for the additional investment made.
3. Technology Support
Technology Support is provided after commencement of production, on acquiring new technology from authorized institutions. The unit shall apply for technology support within 6 months from the date of commencement after installing the new technology from authorized agencies. Assistance will be provided for the new technology and for the plant and machinery installed in connection with the new technology.
Sanctioning Authority: All assistances under the ESS shall be sanctioned by
• The General Manager (District Industries Centre) - For start-up Support
• District Level Committee - For Fixed Capital Investment below ₹200.00 lakhs
• State Level Committee - For Fixed Capital Investment above ₹200.00 lakhs
Appellate Authority: If the decision of the District Level Committee is not satisfactory, an applicant can approach the State Level Committee, consisting of the following Members,
• Director of Industries & Commerce (Chairman)
• Representative of the Finance Department in Government
• Managing Director, KSIDC
• Managing Director, KFC
• Director –MSME (DI)
• Representative of the KSSIA State Committee
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