Technology Acquisition Assistance helps micro and small enterprises in Rajasthan modernize their production by giving a one-time reimbursement towards the cost of purchasing advanced technology or software. Eligible businesses can get up to ₹5,00,000 to upgrade their processes and improve efficiency. The scheme is open for applications and continues to run under the Rajasthan MSME Policy 2024.
Technology Acquisition Assistance - Introduction
Technology Acquisition Assistance supports micro and small enterprises in the state to buy advanced technology or software for their production and manufacturing processes. By covering part of the acquisition cost, this scheme encourages modernization, efficiency, and competitiveness for local businesses.
The scheme is part of the Rajasthan MSME Policy 2024, managed by the Department of Industries and Commerce. It helps businesses achieve measurable performance gains and will stay in effect until 31st March 2029.
District Industries and Commerce Centre (DICC) handles the rollout of the scheme. The Office of the Commissioner, Industries and Commerce, acts as the main department to keep operations smooth across the state.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Technology Acquisition Assistance |
| Level | State |
| Beneficiary State | Rajasthan |
| Category | Business and Entrepreneurship |
| Target Beneficiaries | Business Entities |
| Benefit Type | Cash Reimbursement |
| Main Department | Industry Department |
| Implementing Agency | District Industries and Commerce Centre |
| Open Date | 12 April 2024 |
| Close Date | 31 March 2029 |
Benefits
A business can get a one-time reimbursement through this scheme. The support covers up to 50% of the cost spent on technology or software acquisition, with a maximum limit of ₹5,00,000 per unit.
To keep quality high, the technology or software should be acquired from premier national institutes such as Indian Institute of Science (IISc), Indian Institutes of Technology (IITs), National Institutes of Technology (NITs), National Institutes of Design (NIDs), Council of Scientific and Industrial Research (CSIR), and other institutes set up by the Government of India or the Government of Rajasthan.
Eligibility
To qualify, the micro or small enterprise must operate within Rajasthan and meet the following conditions:
- The enterprise must hold a valid Udyam Registration Certificate as per the MSME Development Act 2006.
- The acquisition can include drawings, designs, plant machinery, or software linked to the manufacturing process.
- The business must clearly show how the acquisition improves its performance. Simply buying machinery is not enough.
- The enterprise must be in active commercial production when payment is being claimed. Closed units are not eligible.
- If multiple similar machines are purchased, assistance can be claimed for only one machine of a similar nature.
For example, if a business that runs a small electronics shop buys a new automated testing tool, it must show how the tool cuts production cycle time or reduces waste by at least 10% to qualify.
Performance improvement must be certified by a Chartered Engineer by comparing the average figures from three months before the equipment installation with three months after.
Performance Improvement Standards
| Indicator | Minimum Improvement Needed |
|---|---|
| Production Rate | At least 10% increase |
| Cycle Time | At least 5% decrease |
| Rejection Rate | At least 2.5% decrease |
| Waste Generation | At least 10% decrease |
Application Process
Applications can be submitted either offline or online through the e-Mitra portal. The application link and scheme details are available on the official Industries and Commerce Department portal.
STEP 1 - Download the application form (Annexure 3.1) from the department website or apply online through a nearby e-Mitra centre. The detailed scheme rules are available in the Rajasthan MSME Policy 2024 document.
STEP 2 - Fill in all the required information and attach self-attested copies of the documents.
STEP 3 - Submit the completed application to the General Manager at the local District Industries and Commerce Centre (DICC) after the technology has been acquired and deployed.
Post-submission - The General Manager evaluates the application along with the Chartered Engineer's report. Once the District Level Task Force Committee (DLTFC) approves the request, an approval letter is issued and the funds are transferred to the registered bank account.
Documents Required
Applicants should keep the following documents ready while applying:
- Copy of Udyam Registration (UR) Certificate.
- Proof of business incorporation, such as Certificate of Incorporation or Partnership Deed.
- Board Resolution or Power of Attorney for the Authorized Signatory.
- Copy of MoU or agreement with the technology provider.
- Written justification for the technology acquisition.
- Undertaking on non-judicial stamp paper.
- Original bills and invoices for the technology.
- Proof of payment made.
- CA certificate detailing the project expenditure.
- Recent sales bill as proof of commercial production.
- Bank account details with a cancelled cheque and PAN card.
- List of existing plant and machinery with purchase and depreciated values.
- Chartered Engineer certificate justifying the performance improvement.
References
For detailed rules, refer to the official Rajasthan MSME Policy 2024 guidelines. More scheme updates are available on the Industries and Commerce Department website.
FAQ's
Who can apply under this scheme?
Micro and Small Enterprises in Rajasthan holding a valid Udyam Registration Certificate can apply.
What type of technology is eligible?
Technology or software that directly improves the production or manufacturing performance of the enterprise is covered.
Is performance improvement mandatory?
Yes. Improvement in production rate, cycle time, rejection rate, or waste generation must be shown and certified.
Can I apply before purchasing the technology?
No. The application should be submitted only after the technology has been acquired and deployed.
How many machines can I claim for?
Assistance can be claimed for only one machine of a similar type.
What is the maximum financial support?
A business can receive up to 50% of the cost, capped at ₹5,00,000.
Who certifies the performance improvement?
A Chartered Engineer verifies the improvement by comparing figures from before and after the technology deployment.
Who approves the application?
The District Level Task Force Committee (DLTFC) approves the application.
Where should I submit the documents?
Submit the application to the General Manager of the respective District Industries and Commerce Centre (DICC).
How is the money sent?
After approval, the financial support is credited directly to the enterprise's registered bank account.