Uttarakhand

Mukhyamantri Swarozgar Yojana Ati Sukshm (Nano) Udhyam

Department of MSME, Government of Uttarakhand

About This Scheme

A scheme by the Government of Uttarakhand offering financial assistance up to ₹50,000 and subsidies for residents to establish or expand micro (nano) enterprises.

The Mukhyamantri Swarozgar Yojana Ati Sukshm (Nano) Udhyam scheme is a key initiative of the Micro, Small, and Medium Enterprises (MSMEs) Department, under the Department of Industries, Government of Uttarakhand. Its primary objective is to foster self-employment and entrepreneurship among the permanent residents of Uttarakhand. The scheme facilitates financial assistance, disbursed through banks, to support the creation of new micro (nano) enterprises and the expansion or upgrading of existing small-scale businesses. This initiative is crucial for strengthening the economic backbone of both rural and urban areas by empowering small entrepreneurs and fostering local economic growth.

Benefits

This scheme strengthens small entrepreneurs by providing financial assistance up to ₹50,000 through banks, designed for establishing new micro enterprises or expanding existing ones.
Beneficiaries receive a substantial subsidy on this financing, ranging from 25% to 40% depending on the district category (A, B, B+, C, D) and the applicant's social category (general or special).
The maximum subsidy amount can go up to ₹20,000.
This crucial financial support is disbursed post-successful operation of the project for one year, ensuring sustainable business development.

How to Apply

Rolling basis

Quick Info

Amount / Funding

Up to ₹50,000

State / Region

Uttarakhand

Ministry / Dept

Department of MSME, Government of Uttarakhand