The Low Tension Power Tariff (LTPT) Subsidy in Tamil Nadu provides a 20% subsidy on power consumption charges for the first 36 months for Micro, Small, and Medium Enterprises (MSMEs) using low-tension power supply (Tariff IIIB), either for new or expanded activities.
This scheme supports MSMEs in obtaining quality certifications for processes and products, including ISO 9000, ISO 14001, ISO 22000, HACCP, GHP, GMP, BIS, ZED Rating, or any other internationally recognized certification. Applications must be submitted within one year from the date of certification.
New Micro and Small Enterprises (MSEs) established in 254 designated industrially backward blocks are eligible for 50% reimbursement of stamp duty and registration charges paid to the Registration Department for the purchase of industrial land (up to five times the plinth area of the factory building).
Applications must be submitted within six months from the Date of Commencement of Production (DCP).
Eligible manufacturing units can avail reimbursement of EPF contributions for the first three years, up to ₹24,000 per employee per year, if they employ more than 20 individuals.
All new and existing MSMEs are eligible for subsidies on IPR registration costs:
To support high-growth Small and Medium Enterprises (SMEs) in raising equity capital through SME Exchanges via IPOs, the government provides financial assistance covering up to 20% of the total expenditure, subject to a maximum of ₹5 lakh, for listing and fundraising.