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            Financial Support under Electronics System Design & Manufacturing Policy 2017-22

            • Home
            • Financial Aid (Loan, Subsidy, Incentive etc.)
            • Financial Support under Electronics System Design & Manufacturing Policy 2017-22
            Amrutha Swasahaya Kiru Uddime Yojana
            January 4, 2023
            Support to Handicrafts Scheme
            January 4, 2023
            Published by Yuva Kanaja Admin on January 4, 2023
            Categories
            • Financial Aid (Loan, Subsidy, Incentive etc.)
            • Department of Electronics Information Technology, Biotechnology and Science & Technology
            Tags
            • Incentive
            • Subsidy and Concession
            • MSME Schemes Government of India
            Benefits

            Benefit

            • 75% of the eligible expenses for patent registration will be reimbursed. (Max. Rs. 2 lakhs for domestic patent & Rs. 10 lakhs for international patent)
            • 50% cost of registration, travel, boarding and lodging expenses for international marketing, events, and conferences (Max. Rs. 5 lakh)
            • 50% cost of trade show participation and exhibition stall rentals (Max. Rs. 5 lakh)
            • R&D grant will be available to only those companies that are less than 7 years old (from the date of incorporation). Max. Rs. 2 Crore. 25% grant available for Start Ups & MSMEs
            • The Govt. of Karnataka will provide up to 10% capital subsidy, up to a maximum of INR 10 Crores to registered KESDM companies, which will be applicable to the first two anchor units in each greenfield cluster
            • Registered KESDM Start-ups and MSMEs will be eligible for reimbursement of up to 50% of testing/certification charges incurred for getting the products tested/certified from any lab domestic/abroad
            • Registered KESDM Start-ups and MSMEs will be eligible for reimbursement of 50% of the cost incurred for developing a prototype of a product. This will be subject to an upper limit of INR 10 Lacs per year, with an allowance of a maximum of 2 sanctions per year per company
            • Interest subsidy of up to 6% per annum on term loans will be provided to registered KESDM Start-ups and MSMEs for a period of five years for loans of up to INR 50 Lacs
            • 100% exemption on Stamp Duty for Start-ups & MSMEs
            • 75% reimbursement of land conversion fee for Start-ups & MSMEs
            • Registered KESDM companies will be eligible for a concessional rate of INR 1 per INR 1000 on registration charges for all loan documents, lease deeds and sale deeds
            • Concession on industrial power tariff
            • One-time capital subsidy to the tune of up to 50% of the cost of ETP. Max. Rs. 50 Lakhs for Start-ups & MSMEs

            Subsidy

            To whom / eligible ?

            To whom?

            Eligibility

            • An ESDM company must be registered with KBITS as a KESDM company
            Submission of Application

            How to apply

            https://itbtst.karnataka.gov.in/storage/pdf-files/KESDM%20POLICY%202017-2022.pdf

            https://itbtst.karnataka.gov.in/storage/pdf-files/ITBT%20101%20ADM%202020%20GO.pdf

            Documents to be submitted

            Contact

            Does it comes to Sakal limits?

            No

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            Yuva Kanaja Admin
            Yuva Kanaja Admin

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