Annal Ambedkar Business Champions Scheme AABCS – Government of Tami Nadu

About The Scheme

The Scheme Annal Ambedkar Business Champions Scheme (AABCS) Tamil Nadu Government launched by a department of micro, small, medium entrepreneur government in India. The Tamil Nadu Government has noted the person to list of the Scheduled Caste and Scheduled Tribe for the scheme. The new Scheme will 35% of capital Subsidy and 6% interest subventions of loan procedure for buying a equipment and machinery. The Annal Ambedkar Business Champions Scheme was introduced by Chief Minister M.K. Stalin on MSME Day, June 28, 2023.

Annal Ambedkar Business Champions Scheme Details.

Key Features & Benefit

• To Support the Financial Support
  
• There is no formal eligible based on your business idea SC/ST
  
• Support for new new exciting enterprises
  
• Sector coverage
  
• Mandator Training
  
• Direct bank Disbursement
  
• No collateral requirement
  

Objectives

• Tamil Nadu Government Launched by The Scheme Annal Ambedkar Business Champions. In order to promote economic development of Sc/ St entrepreneur, this scheme will be launched.
  
• Under the scheme State Government Will provide a 35% of Capital Subsidy, 6% of interest subvention for loan to procedure equipment and machinery.
  

Eligibility Requirement

• Applicant Should be a Indian Citizen
  
  
• Minimum Age limit 18, Maximum Age limit 55 years.
  
  
• The Scheme can support both new enterprises and Expansion and exiexciting enterprices
  
  
• Education Qualification Degree, Diploma, ITI, Vocational training from recognized institution
  
  
• No Family Income celling
  
  
• The Scheme will be 100% owned by celling from SC/ ST entrepreneur.
  
  
• The manufacturing and service sector enterprises the project cost will be a Rs. 5 Lakh to Rs. 1 crore.
  
  
  

Funding Partners

Common Sector funded under AABCS :

Manufacturing:

• Jute Bags
  
• Food Processing
  
• Engineering Tools
  
• Agro Processing Units
  
• Match factories
  
• Auto Components
  
• Textiles & garments
  
  

Services:

• HealthCare Clinics
  
• Hospitalization and Turisums
  
• IT Services
  
• Repair Workshop
  
• Skill Centre and Education units
  
  

Trading:

• Logistics and Trading Sector
  
• Supply service
  
• Equipment leasing
  
• Bulk trading (Vegetables, industrial materials)
  
  

Eligibility Criteria

Document Required

1. Caste / Community Certificate
   
   
2. Resident Proof
   
   
3. Income Certificate
   
   
4. Aadhaar Card
   
   
5. Passport size Photo
   
   
6. Identity Proof
   
   
7. Document Required
   
   
8. Project Report
   
   
9. Age Proof
   
   
10. Mobile Number were Linked in Aadhaar Card
    
    
11. Bank Account Details
    
    

Application Process

• Step 1 :
  Fill up the Online Application through the official Website of MSME Department, Government of Tamil Nadu.
  
  
  
• Step 2 :
  On the Home Page click “Apply Online” and then “New Application”.
  
  
  
• Step 3 :
  Click Registration and fill the details like Name, Date of Birth, Email Address, Aadhaar Number, Phone Number.
  
  
  
• Step 4 :
  After Registration Click ‘Login’ and Fill in all mandatory details.
  
  
  
• Step 5 :
  Upload all necessary document and submit the application.
  

Application Link in Below