International Cooperation Scheme: Market Development Assistance

• Financial Assistance for Participation & Promotion: Reimbursement-based financial support for airfare, stall charges, duty allowance, freight, advertisement and publicity, entry/registration fees, and expenses for organizing or participating in international conferences, summits, workshops, and seminars.

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&gt; Eligible Organisations:

Events under the scheme can be organized by:

a) Ministry of MSME and organizations under the Ministry;

b) State/Central Government Organisations/Institutions; and

c) Registered Industry/Enterprise Associations

&gt; Conditions:

1. The applicant organization should be suitably registered under the relevant Act (i.e., companies under the Companies Act, Societies under the Societies Act, etc.) with the primary objective of promotion and development of MSMEs.
2. The applicant organization should have regular audited accounts for the past 3 years.
3. Events, for which financial support under the Scheme is sought, must be from the list of approved exhibitions/ events/ buyer-seller meets finalized by the Ministry of MSME in each financial year.
4. Financial assistance to one applicant organization would normally be restricted to three events in a financial year. The Screening Committee may, however, recommend a relaxation of this condition for reasons to be recorded and allot more than 3 events.
5. The quantum of assistance shall only be supplemental in nature to the contribution of the organizer.
6. The Industry Associations/organizations are allowed to participate in a particular event continuously for 3 years. After participating in the particular event continuously for 3 years, they will be eligible to participate in the same event after a gap of 2 Years.
7. Selection of the participating units shall be based on the eligibility scorecard prescribed under the scheme (Annexure C) and in no case an MSME unit scoring less than 60 percent marks will be eligible for availing the benefits under the scheme. The applicant organization must satisfy itself in this regard before proposing the name of the MSME unit in the delegation and any discrepancy, if noticed later, shall be the sole responsibility of the applicant organization.
8. While selecting entrepreneurs/participants, the applicant organization should ensure that one MSME unit must not participate in more than 2 events in a financial year under the scheme.
9. The applicant organization should also ensure that the selection is done in a fair and transparent manner, taking into consideration factors like the track record, growth potential, export potential, etc.
10. In order to make representation in such events more inclusive and equitable, the following guidelines must be followed:

• Adequate representation would be given to SC/ST/Women/NER entrepreneurs in such events.
• While selecting entrepreneurs as well as representative(s) of the participating units, priority should be given to persons who have not participated in such events earlier with a Government grant.

&gt; Application Process:

Step 1: The applicant organization will submit an online application for financial assistance, along with the relevant documents and the budget estimate of the expenditure on the proposed event in a proforma providing full details of expenditure.

Step 2: To apply under the scheme, the applicant organization needs to visit the official website.

Step 3: On the home page, select “Market Development Assistance” to log in who have already registered. If the applicant Organization is a new user, click on “New User Register Here” to register under the scheme by selecting the type of Organization.

Step 4: After successful registration, the applicant organization can log in with valid credentials. After login, the user will be redirected to their Dashboard where multiple actions have to be done.

&gt; Note:

• The admissible financial assistance would be worked out on the basis of this budget estimate and in accordance with the criteria/scale and further at the discretion of the Screening Committee.

> Procedure for Approval of Proposals Furnished by Coir Board and KVIC:

• Coir Board/KVIC will mobilize the MSME units and submit the consolidated proposal in the prescribed format on the IC Scheme Portal of the Ministry for seeking in-principle approval of the Screening Committee. As for the claim for reimbursement, Coir Board/KVIC will meet all expenditures from their own budget allocated for this purpose.

&gt; Selection of the MSME units participating in the International Fairs/ Exhibitions abroad by Industry Associations/ Government Organizations:

• There shall be a &amp;quot;Score Card&amp;quot; for the selection of the MSME units participating in the International Fairs/ Exhibitions abroad. The Industry Associations/Organizations etc., will furnish the Score Card, duly filled up, along with the application and also give a self-undertaking to the effect that the information furnished in the Score Card is correct and nothing has been concealed. The minimum qualifying score/points should be 60% of the Score Card. The applicant organization must satisfy itself in this regard before proposing the name of the MSME unit in the delegation and any discrepancy, if noticed later, shall be the sole responsibility of the applicant organization.
• Claim will be accepted only in respect of those MSME Units whose names have been submitted by the Industry Associations/Government Institutions in the list submitted along with the application form.

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