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  3. Chhattisgarh Fixed Capital Investment Grant
Chhattisgarh

Chhattisgarh Fixed Capital Investment Grant

Department of Industries, Government of Chhattisgarh

About This Scheme

A fixed capital investment grant for new Micro, Small, and Medium Enterprises (MSMEs) in Chhattisgarh's services sector, offering 35-45% of FCI up to ₹8 crore.

The Fixed Capital Investment Grant is a key incentive under the Chhattisgarh Industrial Development Policy 2024-30, designed to promote industrial growth and economic development within the state. This program specifically targets new Micro, Small, and Medium Enterprises (MSMEs) operating in the services sector, providing crucial financial assistance for their fixed capital investments. The grant aims to reduce the financial burden on new businesses, encourage capital expenditure in modern infrastructure and machinery, and stimulate job creation across Chhattisgarh. By supporting a percentage of the fixed capital investment, the state government seeks to enhance the competitiveness of local MSMEs and foster a robust entrepreneurial ecosystem. This initiative is part of Chhattisgarh's broader strategy to diversify its economy and strengthen its service industry by attracting and nurturing new enterprises.

Benefits

  • This program offers a substantial Fixed Capital Investment Grant, providing 35% to 45% of the eligible fixed capital investment.
  • The maximum grant amount ranges from ₹35 Lakh (for micro enterprises in Group 1) up to ₹800 Lakh (for medium enterprises in Group 3), depending on the industry category and size of the enterprise.
  • The disbursement schedule is tailored to support business growth: micro enterprises receive the subsidy in a single instalment, small enterprises in three equal annual instalments, and medium enterprises in five equal annual instalments.
  • This structured financial support is designed to directly assist new MSMEs in setting up or expanding their operations within Chhattisgarh's services sector.

How to Apply

Rolling basis

Quick Info

Amount / Funding
Up to ₹8 Cr
State / Region
Chhattisgarh
Ministry / Dept
Department of Industries, Government of Chhattisgarh
Tags
GrantEquity-freeNon-repayable