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Investment Promotion Scheme (IPS) for MSME Sector: Awards for MSMEs

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Scheme for: Infra Scheme category: Business & Entrepreneurship
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हिन्दीमराठीবাংলাગુજરાતીதமிழ்తెలుగుಕನ್ನಡമലയാളംਪੰਜਾਬੀଓଡ଼ିଆঅসমীয়া

Investment Promotion Scheme (IPS) for MSME Sector: Awards for MSMEs is a state-level scheme by the U.T. Administration of Dadra & Nagar Haveli and Daman & Diu that honors top-performing micro, small, and medium enterprises. Winners receive a cash award of ₹2,00,000, a trophy, and a certificate of appreciation for their growth, employment, and innovation.

This scheme is operative from 20th May, 2022 until 19th May, 2027, and the application window is open for eligible local businesses through the official online portal. As of 12th August, 2026, the scheme is still running and eligible units can apply for the awards.

Investment Promotion Scheme (IPS) for MSME Sector: Awards for MSMEs

Investment Promotion Scheme (IPS) for MSME Sector: Awards for MSMEs is run by the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. The scheme celebrates the best MSMEs by recognizing their outstanding work across different business measures. It was first launched on 3rd July, 2015 for a five-year term, and it has been extended to stay operative from 20th May, 2022 until 19th May, 2027.

The scheme gives useful support to the MSME sector, helping businesses handle market challenges while building a healthy business environment. It encourages more women to take part in business, helps lower local unemployment, and motivates companies to hire local residents.

Under this scheme, the administration grants awards to high-performing Micro, Small, and Medium enterprises based on these benchmarks:

  • MSMEs achieving the highest yearly growth in turnover.
  • MSMEs achieving the highest yearly growth in exports.
  • MSMEs achieving the highest yearly growth in employment.
  • MSMEs that have obtained international certification within the year.

An eligible unit can receive awards for a maximum of three years during the five-year scheme period. The Secretary (Industries) manages the nomination checking and finalization process, while the Hon'ble Administrator acts as the awarding authority.

Detail Information
Scheme Name Investment Promotion Scheme (IPS) for MSME Sector: Awards for MSMEs
Level State
Beneficiary State Dadra & Nagar Haveli and Daman & Diu
Category Business & Entrepreneurship
Target Beneficiaries Business Entity, Industries
Benefit Type Cash
Nodal Department Department of Industries
Operative Period 20th May, 2022 to 19th May, 2027
Application Mode Online
Official Website swp.dddgov.in

Benefits

Selected awardees receive the following appreciation and support:

  • A cash award of ₹2,00,000.
  • A commemorative trophy.
  • An official letter of appreciation.

Eligibility

To take part, a business must meet these criteria:

  1. It should be a new manufacturing or service unit, or an existing unit undergoing expansion or diversification within the MSME sector.
  2. The unit should have started commercial production between 20th May, 2022 and 19th May, 2027.
  3. The unit must be located within the U.T. of Dadra & Nagar Haveli and Daman & Diu.

Application Process

Eligible units should follow these steps to apply online for the awards.

Registration Process

STEP 1 - Visit the Registration page of the official website. Provide the business details in the required fields and click 'Register'.

STEP 2 - Verify the email address using the link sent to the inbox. Once verified, enter '111111' as the OTP to confirm the mobile number. Login details are received by email.

Application Submission

STEP 3 - Log in to the account at the Official Login Portal using the registered mobile number and PIN. Go to the 'Departments & Services' tab and locate 'District Industries Centre DD & DNH'.

STEP 4 - Click 'Click Here' to apply for the 'Investment Promotion Scheme: 2022 to 2027'. As per the latest update, applications for IPS 2022 to 2027 are also routed through the National Single Window System portal. Fill out the 'Common Application Form' with the business details, upload all required documents, and click 'Submit'.

Helpdesk Support

STEP 5 - For technical issues, contact the District Industries Centre at 0260-2260871 / 0260-2260310 or email dic-dd@nic.in. For portal-specific help, call 0260-2231885 / 2231886 or email ddegs-dd@nic.in.

Documents

Make sure the following documents are ready before applying:

  1. Corporate Identification Number (CIN) or Taxpayer Identification Number (TIN).
  2. PAN card.
  3. GST registration certificate.
  4. Any other relevant business registrations.
  5. Copy of Udyam Registration or Industrial Entrepreneur Memorandum.
  6. Partnership Deed or Firm Registration Certificate, or Memorandum & Articles of Association with Incorporation Certificate for companies.
  7. Land purchase deed or a registered lease agreement for at least 5 years.
  8. Sanction order for power supply along with the latest electricity bill.
  9. Authorization letter.
  10. Consent to operate from the Pollution Control Committee, DNH & DD.
  11. Factory license.
  12. Signed undertaking form.

References

These official documents give more details about the scheme:

FAQ's

How long is an MSME unit eligible to receive awards under this scheme?

An MSME unit may receive awards for a maximum of three years during the entire five-year scheme period, provided it continues to meet the eligibility requirements each year.

Who is responsible for the scrutiny and finalization of the nominations for IPS-2022?

The Secretary (Industries) acts as the recommendatory authority responsible for reviewing and finalizing all nominations.

What is the role of the Hon'ble Administrator for IPS-2022?

The Hon'ble Administrator serves as the awarding authority and grants the awards based on the recommendations provided by the Secretary (Industries).

What happens to incentive benefits if a business is sold within the first five years?

If an enterprise is transferred to a new owner during the initial five years, the incentives continue to be available to the new owner for the remainder of the unexpired term.

What is the definition of Expansion or Diversification?

Expansion or Diversification occurs when an enterprise increases its investment by at least 50% of its existing Gross Fixed Capital, with at least 60% of that new investment allocated toward plant and machinery for the expansion. Only one such expansion event is eligible for support.

What measures prevent subsidy misuse?

The administration employs strict documentation checking and rigorous auditing procedures to make sure funds are granted only to genuine, eligible enterprises.

What is the operative period of the scheme?

The scheme is operative from 20th May, 2022 until 19th May, 2027.

If an enterprise is established in 2023, for how long can it avail benefits?

The enterprise can get benefits starting from its date of production for a duration of five years, even if that period extends beyond the scheme's formal operative end date.

What is the application deadline?

Applicants should submit the application within one year of the first loan disbursement or within one year of starting production, whichever occurs later. Applications submitted after this timeframe are not eligible for capital and interest subsidies.

How can an eligible unit apply for scheme benefits?

Eligible units can apply through the dedicated single window portal at swp.dddgov.in, or through the National Single Window System portal at nsws.gov.in, by navigating to the Departments tab and selecting the District Industries Centre option to find the application link.