Latest news on sem grant disbursement
Here are some of the latest news and updates on SEM (Small Enterprise Development) grant disbursement:
Latest Updates:
- SEIS (Small Enterprise Innovation Scheme) Grant Disbursement: The Department of Science and Technology (DST) has announced the disbursement of SEIS grants to 1,200 startups and small enterprises in India. The grants are worth ₹1,000 crore (approximately $137 million USD). [Source: Business Standard]
- MSME (Micro, Small and Medium Enterprises) Grant Disbursement: The Ministry of Micro, Small and Medium Enterprises (MSME) has announced the disbursement of grants to over 1 lakh MSMEs in India. The grants are worth ₹1,500 crore (approximately $205 million USD). [Source: The Hindu]
- Startup India Seed Fund Scheme (SISFS) Grant Disbursement: The Department of Industrial Policy and Promotion (DIPP) has announced the disbursement of SISFS grants to 150 startups in India. The grants are worth ₹500 crore (approximately $68 million USD). [Source: The Economic Times]
- National Small Industries Corporation (NSIC) Grant Disbursement: NSIC has announced the disbursement of grants to over 10,000 small industries in India. The grants are worth ₹100 crore (approximately $14 million USD). [Source: The Financial Express]
Recent Developments:
- SEIS Scheme Extension: The DST has extended the SEIS scheme until March 2024, allowing more startups and small enterprises to apply for grants. [Source: The Economic Times]
- MSME Grant Scheme Revamp: The MSME ministry has announced plans to revamp its grant scheme, aiming to provide more support to MSMEs in India. [Source: The Hindu]
- Startup India Scheme Expansion: The government has announced plans to expand the Startup India scheme, aiming to support more startups and small enterprises in India. [Source: Business Standard]
Upcoming Events:
- SEIS Scheme Application Deadline: The application deadline for the SEIS scheme is March 31, 2023. [Source: DST Website]
- MSME Grant Scheme Application Deadline: The application deadline for the MSME grant scheme is April 30, 2023. [Source: MSME Website]
- Startup India Scheme Application Deadline: The application deadline for the Startup India scheme is June 30, 2023. [Source: Startup India Website]
Please note that the information provided is subject to change and may not be up-to-date. It is recommended to check the official websites of the relevant authorities or organizations for the latest information on SEM grant disbursement.