The
ESS of the Kerala Government aims to merge and replace all the previous schemes
titled the Entrepreneur Support Scheme 2012 to be operated in the State of
Kerala with the following objectives from 01.04.2012. Objectives The new
Entrepreneur Support Scheme intends to (i) provide extensive support to micro,
small and medium enterprises and (ii) give one time support to entrepreneurs,
with due regard to special categories by optimal utilisation of funds and
giving more flexibility of operation while implementing the Scheme. These
guidelines, approved by the Government of Kerala, intend to simplify and
explain the modalities of filing the Entrepreneur Support Scheme in the
following modality.
The
following have been declared as priority industries and all units, micro,
small, medium enterprises included under priority sector shall be eligible for
an additional assistance of 10% of the fixed capital investment subject to a
ceiling of Rs. 10.00 (Ten) lakhs or as notified in the specific incentives
announced for the sector from time to time. a) Rubber based industries b) Agro
based and food processing industries c) Readymade Garments d) Industries
manufacturing equipments and machinery for Non-conventional energy generation
e) Bio Technology based industries f) 100% Export Oriented Units) Bio
degradable plastic industries h) Plastic waste recycling industries i) Bio fertilizer
industries.
Eligibility for
applicants
All
Micro, Small and Medium Enterprises engaged in manufacturing activities and set
up in the State, which had filed Entrepreneurs Memorandum Part 1/II with the
respective General Manager, District Industries Centre shall be eligible for
this assistance. The applicant has to (a) apply in the prescribed Proforma, (b)
provide necessary documentation and accounts and (c) execute an agreement with the
notified authority to avail the assistance. For the purpose of this scheme an
industrial unit eligible for the Entrepreneur Support assistance shall be an
independent legal entity.
Entitlement of a
successful applicant
Entitlement in the scheme shall be limited to
an amount of Rs. 30.00 (Thirty) lakhs per applicant unit to be availed only
once. The upper limit of Rs. 30.00 (Thirty) lakhs shall be enhanced by 5% per
annum during the period of operation of the scheme to address the escalation of
costs.
Out
of all eligible applicants, 30% of the earmarked assistance shall be reserved
for micro enterprises. Only in case of insufficiency of qualified applicants in
the micro category, small and medium enterprises shall be considered.
The
following have been declared as priority industries and all units, micro,
small, medium enterprises included under priority sector shall be eligible for
an additional assistance of 10% of the fixed capital investment subject to a
ceiling of Rs. 10.00 (Ten) lakhs or as notified in the specific incentives
announced for the sector from time to time.
a)
Rubber based industries
b) Agro based and food processing industries
c) Readymade Garments
d)
Industries manufacturing equipments and machinery for Non-conventional energy
generation e) Bio Technology based industries
f) 100% Export Oriented Units
g)
Bio degradable plastic industries
h)
Plastic waste recycling industries
i)
Bio fertilizer industries
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We offer formation advice to start up business
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Accountants in the UK and the Institute of Chartered Accountants of India. He
is also one of the partners of international Chartered Accountants firm P.
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consultancy, taxation & statutory audit. He is also a UK Independent
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the directors of Limited Companies.
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