Implemented by the MSME Department, this scheme supports micro (nano) enterprises and business expansions in rural and urban Uttarakhand through bank financing up to ₹50,000.

Benefits

Financing up to ₹50,000/- for micro enterprises. The subsidy structure is:

• Category A: General 35% (max ₹17,500) / Special 40% (max ₹20,000).
• Category B & B+: General 30% (max ₹15,000) / Special 35% (max ₹17,500).
• Category C & D: General 25% (max ₹12,500) / Special 30% (max ₹15,000).

Eligibility

• Native/permanent resident of Uttarakhand, aged 18+.
• No educational qualification required.
• Must not be a bank defaulter and must have an account with the financing bank.

Application Process

Online: https://msy.uk.gov.in/

• Applications must be submitted online.
• All self-attested documents must be uploaded.
• The subsidy is released after one year of successful operation.

Documents Required

• Photograph and Aadhaar card
• Permanent residence/domicile certificate
• Caste certificate (if applicable)
• Project report and Affidavit
• Education and Bank details
• Disability certificate and Ration card