Margin Money Grant to Nano Units is a loan linked scheme operated by the Directorate of Industries and Commerce. The scheme aims to provide financial assistance to Nano units in the State, engaged in manufacturing, job work and service activity having any type of value addition.
Features of the Scheme
Units with project cost upto 10 Lakh will be covered in the scheme.
Margin Money Grant of 30% to 40% of the Total Project cost according to the category of the applicant.
Women, Youth (Age between 18 and 40), Differentially Abled Persons, Ex-Servicemen, and persons belonging to SC/ST category will be eligible for 10% additional Grant.
30% of the beneficiaries under the scheme shall be women entrepreneurs.
Maximum assistance under this scheme shall be Rs 4 Lakh per unit.