MSME Implements International Cooperation Scheme.

The Ministry of Micro, Small, and Medium Enterprises on 13th September 2021 has decided to implement International Cooperation Scheme (IC) with an objective to provide International marketing opportunities to MSMEs as well as to integrate them to global value chains.

Financial assistance is provided to all eligible/State/Central Government organizations, registered industries association and Societies/Trusts involved in promotion and development of MSME sectors. The IC Scheme has been recently revised and it now has three sub components namely (i) Market Development Assistance of MSMEs (MDA), (ii) Capacity Building of First time MSE Exporters (FTE) and (iii) Framework for International Market Intelligence Dissemination (IMID).

Further proposals are invited from all eligible organizations under the MDA (Market Development Assistance) Sub-Component of the IC Scheme. The proposals can be uploaded on the IC Scheme web portal https://ic.msme.gov.in, which will remain open for submission of proposals from 14th September 2021 to 30th September 2021. It is also informed that all proposals under the IC Scheme will be accepted via online mode only.

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