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Tamil Nadu NEEDS (New Entrepreneur cum Enterprise Development Scheme)

Open all year MSME Department, Government of Tamil Nadu Tamil Nadu

Subsidy

25% of project cost up to ₹75 lakh, plus 3% interest subvention

Apply on the official site
What it funds
Capital subsidy and interest help for first generation entrepreneurs
Who can apply
  • First generation entrepreneur aged 21 to 45 (55 for special groups)
  • Passed plus two, degree, diploma, ITI or vocational training
  • Manufacturing or service project of ₹10 lakh to ₹5 crore
  • Own contribution 10% (5% for special groups)
When you can apply
Open all year
How to apply
Apply online on the TN MSME portal under NEEDS
Best for
Idea, Prototype, Early revenue stage
Run by
State governments

Starter opens 30 grants in full. Pro opens every one.