MSME Unemployed Youth Employment Generation Programme (UYEGP) Tamil Nadu

Organisation : Micro, Small and Medium Enterprises Department (MSME)
Scheme Name : Unemployed Youth Employment Generation Programme (UYEGP)
Applicable State/UT : Tamil Nadu
Website : https://www.msmetamilnadu.tn.gov.in/uyegp.php

What is MSME Unemployed Youth Employment Generation Programme?

The Micro, Small and Medium Enterprises Department, Government of Tamil Nadu introduced the scheme “Unemployed Youth Employment Generation Programme (UYEGP)” which aims to mitigate the unemployment problems of socially and economically weaker sections of society, particularly among the educated and unemployed youth of the state.

Related / Similar Facility : MSME Annal Ambedkar Business Champions Scheme (AABCS) Tamil Nadu

The youth of the state will become self-employed by setting up Manufacturing/ Service / Business enterprises by availing loans up to the maximum of ₹15 Lakhs, ₹5 Lakhs, and ₹5 Lakhs respectively with subsidy assistance from the State Government up to 25% of the project cost (Maximum to a limit of ₹2.50 Lakhs).

Benefits of MSME Unemployed Youth Employment Generation Programme

Under the scheme, subsidy assistance will be provided by the State Government up to 25% of the project cost (Maximum to a limit of ₹2.50 Lakhs) for setting up Manufacturing/ Service / Business enterprises.

Eligibility of MSME Unemployed Youth Employment Generation Programme

1.The applicant should be a permanent resident of Tamil Nadu.

2.The applicant should be a minimum of 18 years of age; and
(a) for the General category: maximum of 35 years of age.
(b) for Special category (SC/ ST/MBC/ BC/ Minorities/ Ex-Servicemen/ Differently abled/ Transgender): maximum of 45 years of age.

3.The applicant should have passed the 8th standard.
4.The family income of the applicant should not exceed ₹5 lakhs per annum.
5.he applicant’s contribution should be 10% of the project cost for the General category; or 5% for the Special category.
6.Entrepreneurship Development Programme (EDP) training is mandatory.
7.Project cost should not be more than ₹15 lakhs for manufacturing, and ₹5 lakhs for Trading / Service projects.

How To Apply For MSME Unemployed Youth Employment Programme?

To apply for MSME Unemployed Youth Employment Generation Programme, Follow the below steps

Online:
Step-1: The applicant willing to avail loan under the UYEGP scheme should fill up the online application through the Official Website of the Micro, Small and Medium Enterprises Department, Government of Tamil Nadu.
Step-2: On the home page, click on “Apply Online” and then “New Application”.
Step-3: Click on ‘Register’ and fill in the details like Name, Date of Birth, Email ID, Aadhaar Number & Mobile Number.
Step-4: After successful registration, click on ‘login’ and fill in all the mandatory details.
Step-5: Upload all the necessary documents and submit the application form.

Post-Application Process:
Step-1: Verification of eligibility of online submitted application by District Industries Centre (DIC).
Step-2: The applicant will receive a call letter for attending the interview and participating in the interview.
Step-3: Recommendation of loan application to bank and sanctions of loan to be accorded by the bank.
Step-4: Receiving the call letter for attending Entrepreneurship Development Programme (EDP) training and attending EDP training.
Step-5: After receiving the EDP completion certificate and the applicant needs to submit it with other documents as required by the bank to the bank.
Step-6: Loan disbursement by banks and filing of subsidy claim by the bank with DIC.
Step-7: The subsidy amount will be disbursed by DIC and deposit subsidy amount under TDR for 3 years. After the completion of 3 years, the subsidy will be adjusted in the loan amount.

Documents Required For Unemployed Youth Employment Programme

** Identity proof i.e. copy of Election ID Card/ Aadhaar card etc.
** Copy of PAN Card
** Passport size photo
** Income Certificate
** Educational Qualification proof- Transfer certificate/ Record Sheet issued by School/College.(Two Copies)
** Proof of age
** Caste/Community Certificate
** Ration Card (In case of applicants who don’t possess a valid Ration Card, a Nativity certificate from the Thasildhar/ Aadhar card xerox / Election voters identity card Xerox)
** Project Report
** Valid Quotations with GST number
** Valid certificate for Ex-Serviceman /Differently abled /Transgender
** Bank account details
** Affidavit – For reference to the candidate which should be typed in a ₹20/- Non-Judicial Stamp Paper duly Certified and Signed by the Notary Public and then submitted along with a copy of the Rental/Lease Agreement to the bank while sanctioning the loan.