MSME International Cooperation Scheme

MSME Scheme – International Cooperation

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MSME Scheme – International Cooperation

The Ministry of Micro, Small and Medium Enterprises in an effort to promote MSMEs in India is operating the MSME International Cooperation Scheme. Under the scheme, financial assistance for travel and marketing expenditures relating to development of MSME sector in India is supported by the MSME Department. In this article, we cover the International Cooperation Scheme in detail.

Activities Covered under the Scheme

The MSME International Cooperation scheme covers the following activities:

  1. Deputation of MSME business delegations to other countries for exploring new areas of technology infusion/upgradation, facilitating joint ventures, improving markets for MSMEs products, foreign collaborations, etc.
  2. Participation by Indian MSMEs in international exhibitions, trade fairs and buyer-seller meets in foreign countries as well as in India, in which there is international participation.
  3. Holding international conferences and seminars on topics and themes of interest to MSMEs.

Nature of Assistance under the Scheme

The MSME International Cooperation scheme provides financial assistance of up to 95% of airfare and space rent for entrepreneurs. Assistance is provided on the basis of size and type of the enterprise. It also provides assistance for common expenses of delegations like freight & insurance, local transport, secretarial/communication services, printing of common catalogues, etc.

Eligibility for International Cooperation Scheme

The following entities can apply and obtain assistance under the International Cooperation Scheme:

  • State/Central Government Organisations;
  • Industry/EnterpriseAssociations; and
  • Registered Societies / Trusts and Organisations associated with promotion and development of MSMEs

Where to Apply

Application for assistance under MSME International Cooperation Scheme can be applied online or mail applications in the prescribed format can be sent to:
The Director (International Cooperation)
Ministry of MSME,
Udyog Bhavan,
New Delhi – 110 011

MSMEs Benefits

MSMEs in India enjoy a number of subsidies and schemes aimed at promoting small businesses in India. You can know more about schemes for MSMEs in the following articles:

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