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Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy

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Scheme for: Infra Scheme category: Business & Entrepreneurship
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हिन्दीमराठीবাংলাગુજરાતીதமிழ்తెలుగుಕನ್ನಡമലയാളംਪੰਜਾਬੀଓଡ଼ିଆঅসমীয়া

Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) helped micro and small businesses in West Bengal by providing financial support through capital investment subsidies. The scheme reduced initial costs for entrepreneurs and encouraged growth, employment, and industrial development across the state through a clear online application process.

Scheme has been closed or it was a one time scheme which has been closed by the government.

Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy - Introduction

Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) was a supportive scheme by the Micro, Small and Medium Enterprises and Textiles Department, Government of West Bengal. It offered financial relief to eligible industrial units to help their expansion and success.

This scheme was a main sub-scheme under the Banglashree for Micro, Small and Medium Enterprises program. It started on 1st April 2020 and remained in effect until 31st March 2025. As per the official notification, the scheme period has ended and no extension for 2026 has been announced.

Objectives of the scheme

The primary aim of Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) was to encourage entrepreneurs by providing fiscal incentives. It promoted balanced industrial growth, helped create long-term ecosystems, made the best use of resources, and generated local employment to establish the State as a leader in the MSME sector.

Eligible micro or small enterprises located in Zone C, D, and E were entitled to receive this subsidy for their approved projects.

Key Information

Scheme Name Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS)
Level State
Scheme For Infra
Beneficiary States West Bengal
Category Business & Entrepreneurship
Target Beneficiaries Business Entity
Sub Category Setting up, startup, entrepreneurship
Benefit Type Cash
DBT Scheme No
Nodal Department Micro, Small & Medium Enterprises and Textiles Department
Open Date 2020-04-01
Tags MSME, Incentives, Subsidy, Financial Assistance, Entrepreneurship

Benefits

Eligible businesses received a subsidy based on a percentage of their Fixed Capital Investment (FCA). The specific rates are given below:

Enterprise Category Zone C Zone D Zone E
Micro Enterprise 25% 40% 60%
Small Enterprise 15% 30% 40%

An additional subsidy of 20% was available if the enterprise was 100% owned by women, SC/ST, or minority community entrepreneurs. For those qualifying entities in Zone A and B, subsidies were set at 15% for micro enterprises and 10% for small enterprises.

Financial Caps:

Location Maximum Total Subsidy Allowed
Small Enterprise (Zone C & D) ₹ 50,00,000
Small Enterprise (Zone E) ₹ 75,00,000

Eligibility

Enterprises could apply for Banglashree for Micro, Small and Medium Enterprises: State Capital Investment Subsidy (CIS) if they met these criteria:

  • The business was classified as a Micro, Small, or Medium Enterprise.
  • It operated within the manufacturing sector.
  • Its commercial production started on or after 1st April 2019.
  • The entity belonged to the private, cooperative, or joint sector, or was owned/managed by the State Government or Industrial SHGs.
  • Its Date of Commencement of Commercial Production (DOCCP) fell between 1st April 2020 and 31st March 2025.

Exclusions

The following entities were not eligible for this subsidy:

  • Businesses that already received incentive certificates or funds under other State schemes.
  • Enterprises that received eligibility certificates for other state schemes, even if no funds were paid out.
  • Units that began production before 1st April 2019 and applied for incentives under other programs.

Negative List of Industries: 1. Sponge Iron Factory; 2. Bricks (except Fly Ash, Sand-lime, and Refractory Bricks); 3. Any industry specifically notified by the State Government.

Note: Items like maintenance tools, installation charges, R&D equipment, and second-hand machinery costs were excluded from the total plant and machinery investment calculation.

Application Process

Applications were made online through the Banglashree registration page on the official MSME portal. Registration was completed first by selecting the Applicant Type and providing a valid Registration Number.

STEP 1 - Go to the official Banglashree registration page at MSME West Bengal Banglashree and log in using credentials or OTP.

STEP 2 - Navigate to 'ALL SERVICES' and select 'MSME Incentive'.

STEP 3 - Create a CAF (Common Application Form) ID and click 'Apply Online'.

STEP 4 - Complete the eligibility form followed by the CAF details.

STEP 5 - Once submitted, access the dashboard to proceed with 'Online Form A'.

STEP 6 - Enter the year-wise subsidy details and upload all relevant documents.

STEP 7 - Review everything, verify, and submit the application.

The first application had to be submitted within 12 months of the DOCCP or 12 months from the Banglashree scheme notification, whichever was later. For help, contact the SILPA SATHI helpdesk at 1800-345-5562 or email qrt.silpasathiwb@gmail.com.

Documents

The following documents were required while applying:

  • Memorandum/Articles of Association or Partnership Deed.
  • Contact details for Directors, Partners, or Owners.
  • Approved project report.
  • Loan sanction and disbursement letters.
  • Audited balance sheets for the last 2 years.
  • List of plant and machinery with bills and receipts.
  • Land/lease agreements and ownership proof (mutation/conversion certificate).
  • Valid trade license and WBPCB consent to operate certificate.
  • Recent electricity bills and Udyog Aadhaar acknowledgment.
  • Relevant caste certificates and self-certifications as specified in the scheme rules.

Definitions

Zone A: Kolkata Municipal areas and specific municipal regions of North 24 Parganas, South 24 Parganas, and Howrah.

Zone B: Specified parts of Hooghly, North 24 Parganas, South 24 Parganas, Howrah, Siliguri, and various districts including Paschim and Purba Medinipur, Purba and Paschim Bardhaman, and Nadia.

Zone C: Specific areas in Purba/Paschim Bardhaman, Purba Medinipur, Nadia, Malda, Jalpaiguri, Murshidabad, Darjeeling, Kalimpong, and Alipurduar.

Zone D: Districts of Birbhum, Purulia, Bankura, Uttar/Dakshin Dinajpur, Jhargram, and specific regions of Paschim Medinipur and South/North 24 Parganas.

Zone E: Cooch Behar district.

References

Official Scheme Notification PDF

Banglashree Registration and SOP

MSME and Textiles Department

FAQ's

Which areas are defined under Zone A?

Zone A covers the Kolkata Municipal Corporation and all municipal areas within North 24 Parganas, South 24 Parganas, and Howrah.

How much subsidy did a micro enterprise get in Zone E?

Micro enterprises located in Zone E were eligible for a 60% subsidy on their Fixed Capital Investment.

Could I get an extra subsidy if my firm was owned by a woman entrepreneur?

Yes, if the enterprise was 100% owned by women, SC/ST, or minority community members, it was eligible for an additional 20% subsidy on the approved amount.

What was the deadline to apply for this subsidy?

The application had to be submitted within 12 months from the Date of Commencement of Commercial Production, or within 12 months of the scheme notification, whichever was later.

Could I use both this scheme and other state incentives?

No, only one incentive scheme could be chosen that best suited the enterprise's needs, as simultaneous benefits were not permitted.

How was the Fixed Capital Investment calculated?

It included the total investment in land, building, plant, machinery, and equipment required for the approved project, excluding specific items like maintenance tools or second-hand machinery.