"Outstanding Entrepreneur" under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - State Awards to Micro, Small and Medium Enterprises”

About This Scheme

"Outstanding Entrepreneur" under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - State Awards to Micro, Small and Medium Enterprises” is a scheme by the Industries and Commerce Department, Union Territory of Puducherry. The scheme is formulated under the New Industrial Policy 2016, introduced on 4th October 2016. The 'State Award' Schemes are formulated to provide awards for the best outstanding Entrepreneurs/Enterprises conforming to the New Industrial Policy 2016. The scheme is in operation in the whole of the UT of Puducherry. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Eligibility

- The unit shall be functioning profitably for 3 years before the date of application. - The unit should provide atleast 60% of employment to the people of UT of Puducherry of the total employment strength of the industrial units.

Benefits

Cash Award of ₹2,00,000/- and a Citation.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.