How to Apply for Subsidy for Fund Raising from SME Exchange — Up to ₹30L, Tamil Nadu

Every application goes to the Micro Small and Medium Enterprises Department, which scrutinises it at the administrative level before any reimbursement is approved.

• Eligibility check: the department confirms that the applicant is a Micro or Small enterprise set up in one of the notified industrially backward blocks.
• Listing qualification review: the enterprise's qualification for the SME Exchange, as per NSE or BSE norms, is verified.
• Document scrutiny: the application form and the supporting financial papers are examined for accuracy and completeness.
• Expense verification: the IPO-related expenditure claimed under the covered cost heads is checked against the records submitted.
• Approval: once the expenses and the listing qualification are found to be in order, the reimbursement is sanctioned.