TIIC New Entrepreneurship and Enterprise Development Scheme (NEEDS) with 25% investment subsidy up to Rs.75 lakhs will be given at this Special Business Campaign.
Tamil Nadu Industrial Investment Corporation (TIIC) is a Tamil Nadu Government State Finance Corporation operating at the State level Founded in 1949. The TIIC has been a pioneer in the development of the industry by providing financial assistance for numerous industries / service related units with the support of the State Government.
The TIIC provided financial assistance to Micro, Small and Medium enterprises/ services sectors under various special schemes to set up new industries / service oriented units for the purpose of New Establishment / expansion of existing units and diversifying their product.
The TIIC, Salem Branch Office (Address: Sri Lakshmi Complex, First Floor,4/22, Omalur main Road, Swarnapuri, Salem 636 004) conducts Special Business Campaign to Micro, Small and Medium (MSME) Enterprises from 08.12.2021 to 15.12.2021
Detailed presentation on the special features of various schemes of TIIC, Central and State Government Grants (Capital Investment Subsidy, 6% interest subvention subsidy and other Grants). New Entrepreneurship and Enterprise Development Scheme (NEEDS) with 25% investment subsidy up to Rs.75 lakhs will be given at this Special Business Campaign.
Loan application submitted during this campaign will be given a 50% discount on the investment fee. For the NEEDS application, 100% exemption of investigation fee is extended. Existing / New entrepreneurs are requested to take advantage of this rare opportunity and approach with business plans and avail loan and investment subsidies/ interest subvention grants from Central and State Governments. Contact :
94431 10899, 99622 65515
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