Micro / Small Enterprises Funding Scheme

The Government of Tamil Nadu launched micro/small enterprises funding scheme for the development of micro/small enterprises with the overall project outlay of Rs 50 lakhs. The scheme aims

  • Aims to provide financial assessment to the micro/small enterprises.
  • Aims to increase the production capacity.
  • Aims to aid in modernization, technological upgradation of these micro/small enterprises.


  • The small/micro enterprises should be located in business potential places and has good scope for business.
  • The promoter’s contribution should be at least 20% of the project cost.


  • Enterprises get enough time (6 years) to return the money.
  • 75% project cost provided by the government under this scheme.
  • Receives loan at low interest rate.

How to Avail:

People can contact:

The Tamil Nadu Industrial Investment Corporation Limited, 692,Anna Salai,Nandanam,Chennai-600035,Tamil Nadu,India.

Contact No-+91-044-24306100/+91-044-24331203.

For further details click here

About Rippy

Check Also

In a first, solar power lights up Indian warship

KOCHI: For the first time in the country, solar panels have been installed on an ...

Leave a Reply

Your email address will not be published. Required fields are marked *