Subsidy for Fund Raising from SME Exchange

The Micro Small and Medium Enterprises Department, Government of Tamil Nadu, operates the "Subsidy for Fund Raising from SME Exchange" scheme. Its purpose is to assist high-growth-potential SMEs in the state—across manufacturing and services—to raise equity capital through an SME Exchange via initial public offerings. The government extends support for listing and mobilising funds on the SME stock exchange.

This assistance is intended to lower the financial load on eligible micro and small enterprises that seek public-market capital to grow and scale their operations.

1. Go to the official website or portal of the Micro, Small, and Medium Enterprises Department, Government of Tamil Nadu. 2. Select "Login / Registration" from the top ribbon. Enter the required details—name, date of birth, Aadhaar number, email ID, and mobile number. Set a new password that meets the specified criteria, input the captcha code, and press "Register". 3. On the login page, click "Login" and enter the credentials sent to your registered email ID and mobile number. 4. Once logged in, place the cursor over "Schemes" in the top ribbon and choose the relevant scheme from the dropdown menu. 5. On the following page, hover over "Apply Online" in the top ribbon and select "New Application" from the dropdown. 6. Complete all mandatory fields in the application form. Verify the information entered, accept the terms and conditions, declaration, and privacy policy, and then click "Proceed". Record the reference number displayed on the screen and click "Close". 7. Next, hover over "Schemes" in the top ribbon and select "Upload Documents" from the dropdown. On the subsequent page, enter the Application ID and click "Submit". 8. Upload all required documents in the prescribed format and size. After uploading, click "View" to confirm that the documents are correct. 9. Tick all the checkboxes at the bottom of the screen and click "Submit Application". A confirmation message about the submission of the online application to GM/DIC / RJD will be sent to your mobile phone. 10. (Optional) You may track the status of your application on the portal, which may send updates via email or SMS.

The Micro Small and Medium Enterprises Department reviews each application to confirm that all eligibility conditions are satisfied and that the documents submitted are correct. Before any reimbursement is approved, the assessment checks the expenses actually incurred and verifies that the enterprise qualifies for listing on the SME Exchange in line with NSE/BSE regulations. This procedure generally consists of an administrative examination of the application along with the accompanying financial records.