External Market Development Assistance (EMDA) Scheme for Coir Companies

Coir companies looking to export their coir products often need adequate financing. The External Market Development Assistance scheme, established by the Coir board plays a pivotal role in providing the required assistance.

Overview

The External Market Development Assistance scheme provides Coir Companies and Exporters financial assistance required for participating in trade fairs, BSMs, delegations and for the production of catalogue. The primary objective of this scheme is to enable a company expand its exports and tap into global markets. 

Benefits

How does a Coir Company benefit from this scheme?

Under this scheme, a Coir Company can avail Financial assistance for space rent, air fare and freight charges incurred while participating in trade fairs, BSMs or delegations.

The assistance provided to the companies for participation in exhibitions, trade fairs, buyer-seller meets and market delegations vary, and are as mentioned in the tables below:

  1. For space rent (built-up stall of minimum bookable area)

(*Charges fixed by the organizers and to be verified by the Coir Board before making payment.)

General Category Enterprises/Registered Exporters
Micro Enterprises/Exporters 75% of the actual charges*
Small Enterprises/Exporters 60% of the actual charges
Medium Enterprises/Exporters 25% of the actual charges

 

Entrepreneurs/Exporters belonging to North Eastern Region/Women/ SC/ST category
Micro Enterprises/Exporters 95% of the actual charges
Small Enterprises/Exporters 85% of the actual charges
Medium Enterprises/Exporters 50% of the actual charges

 

  1. For airfare *(for one representative from one enterprise / registered exporter)

*(Should be the cheapest fare available to be certified by Coir Board)

General Category Enterprises/Exporters
Micro Enterprises/Exporters 85% of the cheapest economy class return fare
Small Enterprises/Exporters 75% of the cheapest economy class return fare
Medium Enterprises/Exporters 25% of the cheapest economy class return fare

 

Entrepreneurs/Exporters belonging to North Eastern Region/Women/ SC/ ST category
Micro Enterprises/Exporters 95% of the cheapest economy class return fare
Small Enterprises/Exporters 85% of the cheapest economy class return fare
Medium Enterprises/Exporters 50% of the cheapest economy class return fare

 

  1. For freight charges

The amount is subject to a maximum of ₹20, 000/- per entrepreneur/exporter.

  1. The maximum amount of assistance towards air fare, space rental and freight charges are mentioned in the tables below:
General Category Enterprises/Exporters
Type of unit Latin America Other Countries
Micro Enterprises ₹1.75 lakh ₹1.50 lakh
Small Enterprises ₹1.50 lakh ₹1.25 lakh
Medium Enterprises/Exporters ₹1.00 lakh ₹0.75 lakh

 

Categories belonging to NER / Women / SC / ST
Type of unit Latin America Other Countries
Micro Enterprises ₹2.00 lakh ₹1.75 lakh
Small Enterprises ₹1.75 lakh ₹1.50 lakh
Medium Enterprises/Exporters ₹1.25 lakh ₹1.00 lakh

In addition to the above, 25% of the production cost of product brochures/catalogues for use at abroad is extended, subject to a maximum of ₹15,000/- once in a financial year.

Eligibility Criteria

What is the eligibility criteria for this scheme?

The following is the eligibility criteria for this scheme:

– Micro, small and medium exporters with free on Board turnover of less than ₹ 2 crore worth coir products in the previous year

– Micro, small & medium entrepreneurs of coir and coir products must be registered with the Coir Board

What makes an MSME ineligible for this scheme?

An MSME who has availed the facility from another source for a similar purpose or has participated three times in the same exhibition to the same destination with government assistance is ineligible for this scheme.

Application

How can an SME apply for this scheme?

An SME can apply for this scheme by clicking here 

 

Under what grounds can the application be rejected?

The application can be rejected on the following grounds. 

  • The entrepreneur/exporter/company should not have been under investigation/charged/debarred/ prosecuted/blacklisted according to the Exim Policy of the Government of India or by the Coir Board
  • Claims not satisfying any of the conditions are liable to be rejected summarily

Documents Required

What are the documents required to apply for this scheme?

The following documents are required to apply for this scheme:

  • Annexure – I for Buyer Seller Meet/Trade Delegation
  • Annexure – II for Fairs/Exhibitions duly signed and sealed with 14 days clear advance notice as mentioned under general conditions is required to be fulfilled
  • Self-declaration showing the list of Exhibitions/ Buyer Seller Meet/ Delegations undertaken by him by availing assistance from Coir Board or any other Government sources during the last 5 years
  • Value of investment on Plant and machineries counter signed by a Chartered Accountant also applicable for new applicants
  • Participation in Buyer Seller Meet /Trade Delegation the details of documentary evidence for the events from the concerned organizer
  • The claim in the prescribed format (Annexure-III for Buyer Seller Meet/Trade Delegation
  • Bill for Payment as per Annexure-V
  • Community certificate issued by an Officer not below the rank of Tahasildar in the case of SC/ST beneficiaries
  • Legible colour copy of passport highlighting the entries about departure and arrival into India and also the countries visited. In case passport does not have arrival/departure dates regarding visits to various countries, documentary evidence such as Boarding passes, Lodging Passes, Hotel Bills etc. need be submitted
  • Original E-ticket used during the journey. If original ticket is lost, a certificate from the concerned Airline (as per Annexure-VI)
  • Original Boarding Passes used during the journey
  • Space Rent receipt / proof of payment in Original or Bank Certificate towards remittance of space rent, freight charges
  • Report on results achieved
  • Pre-Receipt (Annexure-VII)
  • A certificate from the concerned airlines regarding the actual cheapest air fare

General Conditions

What are the general conditions under this scheme?

The following are the general conditions under this scheme: 

  1. Assistance for one Regular employee/Director/ Partner/Proprietor of a Company for air travel in cheapest Economy Class
  2. Status of Micro/Small/Medium Enterprises shall be decided on the basis of the investment in Plant & Machinery as given below :
    • Micro Enterprises : With investment in plant and machinery does not exceed ₹25 lakhs
    • Small Enterprises: With investment in plant and machinery more than ₹25 lakhs but
      does not exceed ₹5 crores
    • Medium Enterprises: With investment in plant and machinery more than ₹5 crore but does not exceed ₹10 crores
  3. Only a maximum of 3 participations in a particular event (including past cases) would be eligible
  4. Priority will be given to those persons who have not participated in such events earlier
  5. For any other financial assistance from Coir Board for the same purpose, the assistance already received will be deducted from the eligible EMDA and balance alone shall be paid
  6. Application for assistance under this scheme to be filed with Coir Board by the beneficiaries at least 14 days before the departure from India to attend the event
  7. Date of receipt of application in Coir Board and date of departure from India will be excluded for the calculation of advance notice period
  8. Documentation for buyer seller meet/trade delegation/participation in fairs / exhibitions abroad and claims for seeking assistance to be furnished as prescribed by Coir Board
  9. Assistance shall be available only to the events in which Coir Board organizes participation of Indian Coir sector.

However, the events organized by the ITPO and FIEO will also be considered for grant of assistance under this scheme.

For availing assistance for production of publicity materials and any other information visit here.

Marketing Development Assistance Scheme

Tapping into new markets is important for every business. This means not only tapping into local markets, but also international ones. However, most SMEs lack the necessary funding to take their products to international trade fairs. This is where the government’s Marketing Development Assistance scheme comes into play.

Overview

The Marketing Development Assistance scheme offers SMEs air fare and rental reimbursements for participating in trade fairs out of the country. This allows an SME to display their products in international trade shows and tap into new markets.

Benefits

How does an SME benefit from this scheme?

This scheme offers SMEs loans up to ₹1.25 lakh to participate in international fairs, study tours abroad, and trade delegations.

It also offers reimbursement up to 75% of air fare by economy class and 50% of rental charges for general category entrepreneurs and 100% for women, scheduled caste, and scheduled tribes. 

Eligibility Criteria

What is the eligibility criteria for this scheme?

All SMEs involved in manufacturing are eligible for this scheme.

Application

How can an SME apply for this scheme?

An SME can apply for this scheme by clicking here.

Documents Required

Documents are required to apply for this scheme?

The following documents are required to apply for this scheme. 

  1. Copy of SSI Registration certificate issued by GM (DIC) or Directorate of Industries
  2. Demand Draft in favour of PAO (MSME) for 50% rental charges of booked space
  3. Details of 1/2 participating members
  4. Photocopy of valid passport

Which documents are required for reimbursement of expenses?

The following documents are required for the reimbursement of expenses.

  1. Duplicate receipt of bill
  2. Copy of passport indicating details of departure, arrival, and country visited
  3. Original air ticket (if lost photocopy of the original copy and certificate reflecting the details of travel)
  4. Feedback report with details of business generated in terms of number and values
  5. Claim form (within one month of arrival in India)

For further details related to this scheme, click here.

Implement Bar Codes on your products and get the costs reimbursed under this scheme

Marketing Support Financial Assistance Scheme
Barcode

In today’s technologically driven world, every product is marked with a barcode that stores essential data. If you are an MSME and wish to apply for a unique bar code for your products, this government scheme will help you implement the same with reimbursed costs.

Why is a Barcode important?

Barcodes contain information regarding the item code or serial number of a product, its expiry date, the details of the consignor and consignee, etc. By providing all the relevant information, a Barcode differentiates the product from other products. When the Barcode is scanned all the relevant product details are immediately captured by the computer with 100% accuracy.

Overview

Under the Marketing Support and Financial Assistance Scheme, the Micro, Small and Medium Enterprises Development Institute provides an MSME a 75% reimbursement of the one-time registration fee and annual recurring fee (for the first three years) incurred when you implement the technology of Barcodes in your business. This scheme enables eligible MSMEs to use barcodes in their products and enhance their marketing competitiveness.

Benefits:

How does an MSME benefit from this scheme?

An MSME receives a 75% reimbursement of the one-time registration fee and annual recurring fee (for the first three years) incurred on implementing the technology of Barcodes in their business.

Eligibility Criteria

What is the eligibility criteria for this scheme?

To be eligible for this scheme, your MSME business should have an Entrepreneurial Memorandum Part – II acknowledgement number from the Directorate of Industries/District Industries Centres. Along with this your business should also be registered with GS1 India for using barcodes.

Application

How can an MSME apply for this scheme?

  • If an MSME meets the eligibility criteria, they can apply to the Director of Micro, Small and Medium Enterprises Development Institute of their region in the prescribed application form for claiming reimbursement. To download the forms click, here or here
  • If an MSME wants to register their enterprise for using Bar Codes they should approach the Global Standard 1 (GS1) India, an autonomous body under the Ministry of Commerce & Industry, Government of India, which is authorised to grant and register MSMEs to use Bar Codes.

For further information on bar codes and registration with GS1, click here

Documents Required

Which are the documents required to apply for this scheme?

  • Application form
  • Declaration
  • Pre-receipt (for one time registration)
  • Pre-receipt (for annual recurring fee)
  • Affidavit
  • Undertaking

For further details on this scheme, please click here.

Explore Business Opportunities Abroad with this specialized Marketing Assistance Scheme

Fast changing global economic scenario has thrown up various opportunities and challenges for the MSMEs in India. While many businesses have gone beyond geographical borders and made their mark globally some are still looking to expand their businesses in the International markets. One major challenge that restricts these aspiring enterprises from taking their businesses global is the lack of funds. This is where the Marketing Assistance Scheme comes into picture.

Overview

The Marketing Assistance Scheme provides financial assistance to MSMEs firm that wish to explore their business opportunities in the International markets. Under the Scheme, marketing support is provided to Micro, Small & Medium Enterprises for enhanced competitiveness and marketability of their products.

Benefits

How does an MSME benefit from this scheme?

This scheme offers benefits based on the size of an MSME firm and the type of business conferences it participates in. Mentioned below are the benefits received at various events:

For Technology Exhibitions:

If an MSME is looking to organise technology exhibitions abroad, the benefits received will depend on the category the business belongs to:

 

Item reimbursed Micro enterprise Small enterprise Medium enterprise
Space rental charges 75% 60% 25%
Freight charges Maximum ₹ 25000 one way Maximum ₹25000 one way Maximum ₹25000 one way
Airfare 85% of economy return airfare for one 75% of economy return airfare for one 25% of economy return airfare for one
Marketing expenses 20% of total reimbursement 20% of total reimbursement 20% of total reimbursement
Total reimbursement Up to ₹2.4 lakh for Latin American countries, ₹2 lakh for others Up to ₹2.1 lakh for Latin American countries, ₹1.75 lakh for others Up to ₹1.25 lakh for Latin American countries, ₹1 lakh for others

 

  1. Women, SC/ST and candidates from the north-eastern states will be eligible for the below-listed special benefits:

 

Item reimbursed Micro enterprise Small enterprise Medium enterprise
Space rental charges 95% 85% 50%
Freight charges Maximum ₹37500 one way Maximum ₹37500 one way Maximum ₹37500 one way
Airfare 95% of economy return airfare for one 85% of economy return airfare for one 50% of economy return airfare for one
Marketing expenses 20% of total reimbursement 20% of total reimbursement 20% of total reimbursement
Total reimbursement Up to ₹2.7 lakh for Latin American countries, ₹2.25 lakh for others Up to ₹2.4 lakh for Latin American countries, ₹2 lakh for others Up to ₹1.6 lakh for Latin American countries, ₹1.25 lakh for others

 

 

For International Exhibitions and Trade Fairs:-

If an MSME is looking to participate in international exhibitions and trade fairs held abroad, the benefits received will depend on the category the business belongs to:

Item reimbursed Micro enterprise Small enterprise Medium enterprise
Space rental charges 75% 60% 25%
Freight charges Maximum ₹ 15000 per entrepreneur Maximum ₹ 15000 per entrepreneur Maximum ₹ 15000 per entrepreneur
Airfare 85% of economy return airfare for one 75% of economy return airfare for one 25% of economy return airfare for one
Marketing expenses 20% of total reimbursement 20% of total reimbursement 20% of total reimbursement
Total reimbursement Up to ₹1.75 lakh for Latin American countries, ₹ 1.5 lakh for others Up to ₹1.5 lakh for Latin American countries, ₹ 1.25 lakh for others Up to ₹ 1 lakh for Latin American countries, ₹ 0.75 lakh for others

 

  1. Women, SC/ST and candidates from the north-eastern states will be eligible for the below-listed special benefits:
Item reimbursed Micro enterprise Small enterprise Medium enterprise
Space rental charges 95% 85% 50%
Freight charges Maximum ₹ 20,000 for Latin American countries, ₹ 15,000 for others Maximum ₹ 20,000 for Latin American countries, ₹ 15,000 for others Maximum ₹ 20,000 for Latin American countries, ₹ 15,000 for others
Airfare 95% of economy return airfare for one 85% of economy return airfare for one 50% of economy return airfare for one
Marketing expenses 20% of total reimbursement 20% of total reimbursement 20% of total reimbursement
Total reimbursement Up to ₹ 2 lakh for Latin American countries, ₹ 1.75 lakh for others Up to ₹ 1.75 lakh for Latin American countries, ₹ 1.5 lakh for others Up to ₹ 1.25 lakh for Latin American countries, ₹ 1 lakh for others

 

Eligibility Criteria

What is the eligibility criteria for this scheme?

All NSIC registered MSMEs can apply for this scheme.

Application

How can an MSME apply for this scheme?

The applications/proposals for seeking assistance under the scheme has to be submitted directly to NSIC, with full details and justification.

For information on various domestic and international events, click here

Documents Required

Which documents are required to apply for this scheme?

To know the documents requirement under each marketing assistance scheme, click here

For registration and information on various domestic and international events, click here

For further details, click here

Scheme for Financial Assistance on International Co-operation

Go Global:  Finance Scheme to Participate in International Trade Conventions

The international marketplace offers a world of business opportunities. Every business aims to go beyond geographical borders and make their mark globally. In order to do so, it is vital that it showcases itself at international trade fairs and conventions.

Enrolling a business into these conventions requires a significant amount of financing which sometimes becomes difficult to arrange. This is where the International Cooperation Scheme comes into picture.

Overview

The International Cooperation Scheme provides financial assistance to an SME organisation or a body that wishes to participate in international trade fairs and conventions.

Benefits

How does an SME body benefit from this scheme?

SMEs who are members of an SME organisation can benefit from this scheme. This finance scheme provides funds to SME organisations or bodies for various expenses incurred while participating in international delegations.

Here are the various benefits such SME organisations can enjoy under this scheme:

  1. When visiting foreign countries as an MSME business delegation:
  • 100% reimbursement of airfare, up to ₹5 lakhs, for both the SME delegates and the office bearer of the SME organisation is provided
  • An additional reimbursement of $150 per day for the office bearer’s stay/meals/local expenses, etc. is provided
  • A compensation as per the accompanying government official’s entitlement is provided
  1. When participating in international exhibitions, trade fairs, or buyer-seller meets as an MSME delegate:
  • Along with the benefits listed above, 100% reimbursement (maximum up to ₹ 1 lakh) is provided, which covers all the space rental charges and expenses paid by an SME body or organisation at the time of participation
  1. When participating in international exhibitions or trade fairs held in India:

100% reimbursement (maximum up to ₹ 1 lakh) is provided covering all the space rental charges and expenses paid by an SME organisation or body at the time of participation

  1. When organizing international Conferences or Seminars for Indian SMEs:
  • For a foreign resource person’s airfare, 100% reimbursement (maximum up to ₹5 lakh) is provided
  • An overall reimbursement (maximum up to ₹5 lakh) per event is provided if the event is held in India
  • An overall reimbursement (maximum up to ₹25 lakh) per event is provided if the event is held abroad 

Eligibility Criteria

What is the eligibility criteria for this scheme?

The scheme can only be availed by an SME organisation or body. Moreover, the SME organisation should:

  • Be registered under the Companies Act or be a Society under the Societies Act, etc. with the primary objective of promoting and developing MSME business in India
  • Act as an SME organisation or body since the last 3 years with a good track record
  • Have regularly audited accounts for the past 3 years
  • Have applied for financial support for events, that have significant international participation

 Application

How can an SME body apply for this scheme?

An SME body can apply for this scheme online by clicking here.

However, the following Terms and Conditions* must be kept in mind before applying for this scheme:

  • An SME body can apply for a maximum of two events in a financial year. The Screening Committee can, however relax this rule and allow additional applications for special events.
  • An SME, as the applying organization, would have the sole responsibility of selecting the participating units.
  • The entrepreneurs or participants who are participating in the event on behalf of an SME body should be chosen in a fair and transparent manner, taking into consideration factors like track record, growth potential, export potential, etc.
  • SC/ST/Minority/Women entrepreneurs must be adequately represented.

Individuals who have not participated earlier with government grants should be given preference.

Documents Required

What documents are required to apply for this scheme?

The following list of documents must be submitted in order to apply for this scheme:

  • The name of the delegates who are proposed to participate in the event in Annexure A
  • The Budget estimate – in Annexure B
  • The Copy of Registration Certificate of your SME organisation or body which is to be submitted once
  • Copy of Memorandum and Articles of Association which are to be submitted once
  • Copies of Audited Balance Sheet, Profit & Loss Account or Income & Expenditure Account of the applicant body for the last three years

In addition, the following documents are needed when claiming the refund:

  • A complete list of participants – in Annexure-C
  • A Mandate Form which should be duly filled up by the SME body and verified by the concerned Bank – in Annexure-D
  • Pre-receipt – in Annexure-E
  • Udyog Aadhar Memorandum Acknowledgement
  • Copy of e-ticket complete in all respect with fare information on e-ticket for air travel
  • Boarding Pass
  • Invoice/Bills for space rent (in case stalls were put up in the event)

For further queries and guidelines with regards to this scheme, click here.