INCENTIVES


MICRO ENTERPRISES

(Exclusive subsidy schemes for micro manufacturing enterprises established anywhere in the state)
25% Capital subsidy on the value of eligible plant and machinery .


THRUST SECTOR
25% Special Capital subsidy on the eligible Plant and Machinery for the ten thrust sector industry, Leather, Auto Parts and Components, Drugs and Pharmaceuticals, Solar Energy equipment export, Sports goods and accessories, cost effective building materials and ready made garments subject to a maximum of Rs. 30 Lakhs.

BACKWARD AREA / AGRO ENTERPRISES
(Schemes for Micro, Small and Medium Manufacturing Enterprises established in Industrially Backward areas and Agro based Industries set up in nine blocks which are Gujiliamparai, Natham, Nilakottai, Oddanchatram, Reddiarchatram, Shanarpatti, Thoppampatti, Vadamadurai and Vedasandur in this district).
25% Special Capital subsidy on the eligible Plant and Machinery subject to a maximum of Rs. 30 Lakhs.
5% Additional Employment intensive subsidy on the value of eligible plant and machinery for giving employment to 25 workers within the first five years from the date of commencement of commercial production, subject to a maximum of Rs. 5 Lakhs.
5% additional capital subsidy on the value of eligible plant and machinery for units set up by women, scheduled caste/scheduled tribe, physically disabled persons and transgender entrepreneurs, subject to a maximum of Rs.2 lakhs.
25% additional capital subsidy on the value of eligible plant and machinery installed to promote cleaner environment friendly technologies subject to a maximum of Rs.3 lakhs on certification by the Tamil Nadu Pollution Control Board.
20% low tension power tariff subsidy for 36 months from the date of commencement of production or from the date of power connection whichever is later after allotment of Entrepreneur Memorandum No. Part II.

SCHEMES FOR TECHNOLOGY DEVELOPMENT
3%Back ended interest subsidy for technology upgradation / modernization.
50% subsidy on the cost of filling a patent application and for trade mark registration.
Establishment of industrial clusters and mini tool rooms under public private partnership mode.
Creation of technology development fund for evolving cleaner / energy efficient / IT enabled technologies.
Assistance for creation of centers of Excellence and technology business incubators for introduction of new production techniques and design development.


SCHEMES FOR INFRASTRUCTURE DEVELOPMENT
Establishment of multi-storied flatted industrial estates for micro industries has been included in the policy for the first time in the State.
Liberal floor space index (FSI) would be considered for plotted development upto 1.5 to 1.75 for industrial sheds and up to 2.5 for multi-stored industrial units.
Reservation of upto 20% of land in all SIPCOT estates for Micro, Small and Medium industries and upto 30% of area will be reserved for micro industries in SIDCO estates
An infrastructure subsidy of 20% will be given for the development of private sector industrial estates for the first time in the state.
50% Rebate on Stamp-duty and Registration charges will be given to micro and small enterprises set up in industrial estates and also in industrially.

SCHEMES FOR SKILL DEVELOPMENT
Reimbursement of 50% of the tuition fees for conducting short term training courses for Entrepreneurship and skill development programmes by industrial associations.