M C S

Maven Consultancy Services

11

Scheme of Fund for Regeneration of Traditional Industries (SFURTI)

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Objective

Organize traditional industry artisans into clusters by providing Technology Support, Marketing Support, Skill Development

Key Benefits

Support to traditional artisans to provide sustainable employmentGovernment of India support up to Rs. 2.5 cr. up to 500 artisans and Rs. 5 cr. for more than 500 artisansSet up physical infrastructure with CFCs, latest machines, training, etc. in clusters.

Applicable For

Existing artisans from traditional industries

Detailed Information

Government of India supports traditional industry artisans to provide them sustainable employment through Hard Intervention in setting up physical infrastructure with CFCs, raw material banks, latest machines, and Soft Intervention in skill development, market promotion initiatives, etc. in clusters.Government of India gives 90% (95% in NER, J&K and Hill Areas) of Hard Intervention cost and entire cost of Soft Intervention

Frequently Asked Question

  • What is MCS?
    MCS is a Fintech platform dedicated to empowering MSMEs by helping them discover and avail government schemes. We provide easy access to regulatory and statutory compliance services and connect MSMEs with professional experts.
  • How can MCS help my business?
    MCS helps your business by providing access to over 800 government schemes, offering expert consultations, and simplifying regulatory processes, ultimately saving time, reducing costs, and accelerating your growth.
  • What is the Partnership Plan?
    The Partnership Plan allows businesses to generate Scheme Reports for their clients, while also gaining access to online consultations through ProSePuccho. This plan provides an additional revenue stream by helping your clients access government schemes.
  • If the expert does not visit, will I get a refund?
    Yes, if the expert does not visit the call for any reason, you will get a refund for the same.
  • Can I modify or cancel an appointment?
    You can modify an appointment an hour before your slot. Incase of cancellation, you would not be getting a refund of the same.
  • How does MCS empower MSMEs with financial solutions?
    MCS is designed to assist Micro, Small, and Medium Enterprises (MSMEs) through a broad range of MSME services and MSME schemes that promote business expansion and resilience. Entrepreneurs can explore options like MSME Loan Scheme, working capital schemes, and term loans to finance growth and innovation. Additionally, MCS helps businesses leverage Credit Linked Capital Subsidy Scheme (CLCSS) and collaborates with the Ministry of Micro, Small and Medium Enterprises (MSME) to ensure financial sustainability and job creation across India.
  • How does MCS bridge the gap with government and institutional support for MSMEs?
    MCS collaborates with institutions like the Small Industries Development Bank of India (SIDBI) and actively works on credit accessibility and funding solutions such as the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE). With the support of state governments, banks, and industry clusters (DICs), we facilitate MSMEs in implementing government initiatives like the Prime Minister’s Employment Generation Programme (PMEGP). Entrepreneurs can apply online for MSME loans or receive assistance to access financial resources like the Fund Trust for Micro Enterprises, enabling them to fully realize their potential.
  • What MSME schemes in India can entrepreneurs access through MCS?
    MCS makes it easy for businesses to access various MSME schemes in India, including funding solutions for small businesses and innovation-driven enterprises. Our platform simplifies scheme integration to help MSMEs tackle interest rate challenges and seamlessly benefit from government-instituted schemes designed for long-term sustainable growth. Whether it's financial support to scale operations or strategic advisory services to drive continuous growth, MCS serves as a consistent partner in the evolution of MSMEs.