Project Funding Assistance

We provide end-to-end support for project financing, ensuring your business gets the funds it needs to grow.

Key features include:

1. Project Report Preparation: Comprehensive reports to meet lender requirements.

2. Liaison with Financial Institutions: Assistance in securing loans and credit facilities

3. Subsidy Eligibility Checks: Ensure your business qualifies for relevant government subsidies.

How can we help you?​

At Finnanno, we understand the importance of accurate and timely financial records.

Subsidies for MSMEs

Empowering micro, small, and medium enterprises with government-backed financial benefits.

including:

1. Loan Subsidies:
o PMEGP: Financial assistance for new ventures.
o MYSY: Support for young entrepreneurs.
o ODOP: Loans for businesses specializing in one district’s unique product.

2. Interest Subsidy: Up to ₹25 lakhs for micro units for 5 years.

3. Electricity Duty Exemptions: For units set up post-2015 and reimbursements for older units.

4. Capital Subsidy:
o 25% for micro units (civil and machinery expenses).
o 15% for small-scale units

5. Machinery Upgradation Subsidy: 50% or ₹7.5 lakhs for modernizing equipment.

Additional MSME Benefits

1. Fair Subsidies: Financial support for participation in domestic and international trade fairs.

2. Patent and GI Tag Support:
o Reimbursement of up to ₹10 lakhs for patent registration.
o Assistance with attorney fees and legal formalities.

3. Environmental Benefits:
o Subsidies for eco-friendly waste management solutions.
o Grants for laboratory setup and ERP solutions.

Under State Government

Loan Subsidy

PMEGP

MYSY

ODOP

Interest Free Loan amount upto 5.00 Lakhs & 10.00 Lakhs

Upto 17.50 Lakhs

Upto 7.50 Lakhs

Upto 20.00 Lakhs

Available to Units established 2015 Onwards (Under Specific Industrial Policy)

Electricity Duty

Exemption

Reimbursement

Available to Units established 2004 Onwards &Upto 2014

Capital Subsidy

25% to Micro Unit

2.50% /1.50% on Civil Capex

25.00%/15.00% on Plant & Machinery

15% to Small Units

Stamp Duty Exemption

- 75% of Stamp Duty Paid on purchase of Industrial Land (100% in case of women entrepreneurship)

- 50% of stamp Duty Paid on purchase of Industrial Land in Ghaziabad & Noida

Machinery Subsidy (Technical Upgradation)

- 50% of machinery Value or a Maximum Upto 7.50 Lakhs

Genset Subsidy

- For Gensets installed after September 2023

Cost of Genset

Micro Units

50% or 5 L

40% or 10 L

25% or 20 L

Lower of Both

Small Units

Upto 10 Lakhs

10 to 40 Lakhs

Above 40 Lakhs

40% or 5 L

30% or 10 L

20% or 20 L

Fair Subsidy

Inland Fair

Foreign Fair

60% of Stall charges Max. upto 2,00,000/- per Fare

1.50 Lakhs per fair, upto 4 Fairs Allowed

2.00 Lakhs per fair, upto 4 Fairs Allowed

60% of economy class Air Fare max upto 1,00,000/- per Fare

Patent & GI Tags

- Financial assistance of 75% (maximum Rs.10 lakh

- Attorney fees of Rs 50,000 and Rs 2,00,000 will be reimbursed for obtaining national and international patents/ GI tag, respectively

ETP's / CETP's

- Financial assistance of 75% for implementing ERP solutions (maximum Rs 1 Lakh) & ICT solutions (maximum Rs 5 Lakh)

- Fiscal assistance of 50% of the project cost (maximum Rs 10 crore) for establishment of CETPs

Environment Management Laboratory/ Environment Management System

- Reimbursement of up to 50% (maximum Rs 10 Lakh) towards expenses incurred for the establishment of the

- Environment Management Laboratory/ Environment Management System

Freight Subsidy

- 25% of freight charges maximum upto Rs. 10000/- per TEU container (20ft container)/ 20000/-per TEU(40ft conatiner)

- 25% of freight charges or 100/- per Kg. whichever is less. Upto the limit of 5.00 lacs per unit per annum, By Air

- Maximum 20 Lakhs only

Facility for obtaining ISO 9001-2000/BIS 14000, Wool mark, Hall mark, HACCP & C-mark

- 50% of total expenses Max. upto Rs. 2,00,000/- per year

Agriculture Infrastructure Fund

- Upto 2.00 Crore @3% Interest Subsidy maximum ROI To be charged by Bank 9% and 100% utilized for Capex

- Registration under UP Shops and Establishment Act, 1962

- Registration of principal employer's establishment under provision of The Contracts Labour (Regulation and Abolition) Act, 1970

- Consent to Establish Under Air and Water Act(NOC)

- Consent to Operate under the Air (Prevention and Control of Pollution) Act 1981

- Consent to Operate under the Water (Prevention and Control of Pollution) Act 1974

- Authorization under the Hazardous and Other Wastes (Management and Transboundary Movement) Rules 2016

- NOC from Fire Department (prior to commencement of construction activities) or Provisional

- Power Connection (Inactive)

- NOC for Tree Felling

- Road Cutting Permissions

- Initial Inspection of Medium Pressure Installation

- Building Plan Approval - Development Authority

- Water Connection - Ground water NOC

- Tansformer NOC from Electrical Safety/ Initial Inspection of Medium Pressure Installation

Would you like to start a project with us?​

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