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CHECK YOUR ELIGIBILITY

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The prime eligibility criterion to avail assistance under New Entrepreneur
cum Enterprise Development Scheme is that you must be a first
generation entrepreneur and that your proposal must be of your first and
new project in Manufacturing or Service sector. Business enterprises are
ineligible under this scheme. Other criterion are as follows:
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Degree / Diploma / ITI/ Vocational


Educational Qualification
Training from a recognized institution

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For General Category, from 21 to 35


Age Limit years maximum
For Special Category viz...Women,
Transgender, BC, MBC, SC/ST, Minority,
Ex-servicemen and Physically
Challenged, the maximum cap is
enhanced to 45 years.
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Family Annual Income No family income ceiling

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The applicant should be a resident of


Residence
Tamilnadu State for not less than 3
years.

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Project cost For Manufacturing and Service sector


enterprises, the project cost should be
between Rs.5 lakhs to Rs.1 crore. If the
project cost exceeds Rs.1 crore, the
same will be restricted at Rs.1 crore for
the purpose of computing eligible
subsidy.

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