Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Raising Capital through SME Exchange
25% SME Exchange listing cost up to ₹5 lakh · Gujarat MSMEs
Gujarat MSMEs that list on the BSE SME or NSE Emerge exchange to raise equity capital can get 25% of their listing and fundraising expenses reimbursed by the state government, up to ₹5 lakh. This reduces the cost of going public for small businesses looking to raise growth capital from public markets. Apply through the Investor Facilitation Portal (ifp.gujarat.gov.in) within one year of listing.
About This Scheme
Gujarat MSMEs that list on the BSE SME or NSE Emerge exchange to raise equity capital can get 25% of their listing and fundraising expenses reimbursed by the state government, up to ₹5 lakh. This reduces the cost of going public for small businesses looking to raise growth capital from public markets. Apply through the Investor Facilitation Portal (ifp.gujarat.gov.in) within one year of listing.
Full official description
The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive. The component "Assistance for Raising Capital through SME Exchange" offers a reimbursement of the expenditure incurred in raising funds through the SME Exchange.
Benefits
- 25% reimbursement of all expenses incurred in listing and raising funds through the SME Exchange
- Maximum reimbursement up to ₹5 lakh
💡 Why Startups Should Care
Listing on the SME Exchange gives your business access to public equity capital — a significant step up from private funding rounds. This scheme's 25% reimbursement lowers the transaction cost of getting there, encouraging more Gujarat MSMEs to consider public listing as a growth path.
Who Can Apply (Eligibility)
- Must be registered as an MSME at the time of listing on the SME Exchange
- Must have successfully raised equity capital through the SME Exchange
- Apply within one year from the date of listing
- Fundraising must follow the approved scheme and process of the SME Exchange
How to Apply
- Visit ifp.gujarat.gov.in/DIGIGOV/ and register as a new investor.
- Log in and select the SME Exchange Assistance component.
- Fill in enterprise details and listing details.
- Upload constitution of enterprise, board resolution, and SME Exchange listing letter from BSE/NSE.
- Submit the application for reimbursement after listing.
Frequently Asked 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.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Constitution of enterprise (MOA & AOA)
- Board resolution regarding authorised signatory
- Copy of Udyam / IEM / LOI registration certificate
- SME Exchange registration/listing letter from BSE/NSE