Sunday, November 23, 2014
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Entrepreneur Development Programme

Financial assistance is provided to individuals in the age group of 18 – 55 years for starting any income generating activity like establishment of shops, purchase of  Lorries, Tractors, Power Tillers, Tourist Cars, Mini-Lorries, Auto-Rickshaws, Mini-Dairy, Power Laundry, Tailoring and Chappal making etc.,

The Subsidy

  • 30% of the project cost or Rs.2.25 lakhs whichever is lower. The subsidy will be a Back End Subsidy

 

Xerox Center
Villupuram

Concrete Mixer Machine,
Cuddalore

 

Eligibility

  • The applicant should belong to Scheduled Caste.
  • The annual family income of the applicant should not exceed Rs.1.00 lakh.
  • The applicant should be in the age group of 18 -55.
  •   The applicant should have prior experience in the trade
    applied.
  • The Applicant and their family members should not have availed any subsidy so far.

 

Conditions

  • Applicants themselves can select the trade.
  • The assets created under the scheme shall be registered only in the name of the applicant.
  • The applicant shall carryout the business in the district where subsidy is sanctioned