List of MSME Benefits To Startups
Startup founders should avail the MSME incentives offered by Government of India
To read the list of MSME benefits which startups can avail, please visit
With Atmanirbhar package MSME registration for startups is a necessity as there are good benefits which early stage companies can avail of besides the loan package which is still getting rolled out. MSME SAMADHAAN is one such benefit where a startup will get payments in a maximum of 45 days and another one which stands out is financial assistance through MSME incubators. At 100X.VC we are asking all our startup portfolio companies get the MSME registrations.
India’s economic growth has been led by the services sector in the last decade, particularly owing to the growth in information technology (IT) and business process outsourcing (BPO) industries. The manufacturing sector’s importance has grown in the recent years with the advancement in its output. The sector offers huge potential for employment creation. Moreover, the importance of Micro, Small and Medium Enterprises (MSMEs) in the growth process is considered to be a key engine of economic growth in India.
The MSME sector accounts for about 45 per cent of manufacturing output, 95 per cent of the industrial units and 40 per cent of exports. Besides, the sector provides employment to almost 60 million people, mostly in the rural areas of the country, making it the largest source of employment after the agriculture sector. Development of this sector, thus, holds key to inclusive growth and plays a critical role in India’s future.
Startups are not aware of benefits and various initiatives offered to a MSME unit and correctly utilise the incentives offered by Government.
To read the list of MSME benefits which startups can avail, please visit
About 100X.VC
100X is first cheque, SEBI registered VC fund and an investment adviser. 100X offers promising startups, seed funding, validates them and get them started. The team at 100X works closely with each company on every aspect of the business and make them venture investment ready. One of the most important goals of 100X is to help every startup raise next round of funding. 100X is a curated startup investment discovery platform for Angel Investors, HNI's, Family Offices, Angel Networks and Venture Capital firms. All that VC firms can provide is Money, Network & Experience. For us money is small component but by far our value is in the network of investor and experience in building seed stage companies to scale. Visit www.100x.vc
To read the list of MSME benefits which startups can avail, please visit
Sales Manager at CorpAid Consultancy Services Pvt Ltd
3 年Thank you so much for sharing such useful information. This article has helped me a lot. It has provided a good piece of information on MSME Registration. Keep writing.
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4 年Very useful
Thanks for sharing this with us. ?? ? Let us know if we could be of service! Jenny Hong
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4 年Important advice for startups to note. Thanks for sharing.