Page 18 - Plastics News September 2018

MSME

International Cooperation (IC) Scheme Guidelines 2018, Ministry of MSME

1. INTRODUCTION

Technology infusion and/or upgradation of Indian Micro, Small and Medium Enterprises (MSMEs),
their modernization and promotion of their exports are the principal objectives of assistance under
the International Cooperation (IC) Scheme. The Scheme would cover the following activities:

(i) Visit of MSME delegations to other countries in international exhibitions/ trade fairs,
conferences/ summits/workshops etc. for exploring new areas of technology
infusion/upgradation, joint ventures, improving market of MSMEs products, etc.
(ii) Participation of MSME delegations in international exhibitions, trade fairs and buyer-seller
meets in foreign countries.
(iii) Holding international conferences/summits/workshops/seminars relating to MSME sector to be
organized in India by the Industry Associations/ Government organizations.
(iv) Holding/organising mega international exhibition or fair and international
conferences/seminars/workshops, Joint Committee Meetings/Joint Working Group
Meetings/Government to Government bilateral meetings with outer countries in India by
Ministry of MSME or organizations under it.
(v) Sending a delegation of the Ministry of MSME to an International Exhibition/Fairs/Conference
in foreign countries.

2. ELIGIBLE ORGANISATIONS

Besides the Ministry of MSME and organizations under the Ministry, events under the Scheme can be
organised by:

(a) State/Central Government Organisations;
(b) Registered Industry/Enterprise Associations; and
(c) Registered Societies/Trusts and Organisations associated with promotion and development of
MSME Sector.

3. ELIGIBILITY CONDITIONS

The eligibility conditions for seeking financial assistance under the Scheme are:

a) 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 MSME.
b) The applicant organisation must be engaged in MSME development such activities for at
least in last 3 years and have a good track record.
c) The applicant organization should have regular audited accounts for the past 3 years.
d) Events, for which financial support under the Scheme is sought, must have significant
international importance.

4. OTHER CONDITIONS

a) Financial assistance to one organisation would normally be restricted to two events in a
financial year. The Screening Committee may, however, recommend relaxation of this
condition for reasons to be recorded.
b) The quantum of assistance shall only be supplemental in nature to the contribution of
organizer.

188
Plastics News 1
Plastics News September 2018S e p tember 2 0 18