Entrepreneurship Development

1. Dr.(Mrs.)J.PREMILA,
Assistant Professor of Commerce (SF),
V.V.Vanniaperumal College for Women,
Virudhunagar.
The Tamil Nadu Industrial Investment
Corporation Ltd., (TIIC)

2. TIIC
Head Quarters – Chennai
Regional Offices – 6
Branch Offices - 25
Authorised Capital
40 Crores
Commence its operation
Sep, 1949
Incorporation
March 1949

3. development
of existing
and new
industries
long-term
and
medium-
term loans
guarantee
for foreign
exchange
loans
underwrite
the public
share
capital
issue
assistance
for the
developme
nt of
small-scale
industries
and for
helping
technocrat
s.
1 2 3 4 5
Objectives of TIIC
financial
assistance for
rural medical
practitioners
and on
concessional
terms to set
up industrial
projects
in notified
backward
areas.
6

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a) Manufacturing, processing or
preservation of goods.
b) Mining including development
of mines.
c) Generation of electricity or any
other form of energy including
wined mills.
d) Setting up of nursing homes and
purchase of electro medical
equipments by doctors and non-
medical persons.
i) Facilities for fishermen for
fishing and preservation of fish
including cold storage.
j) Research and development of
any process or product in relation
to any of the industrial activities
eligible for financial assistance
form TIIC.
e)Maintenance, repair, testing,
servicing of machinery or any
types of vehicle, vessels, motor
boats, trailers or tractors.
f) Assembling, repairing or
packaging of articles with the aid
of machinery or power.
g) Hotels, motels and restaurants.
h) Purchase of vehicles for
transport of goods and passengers.
k) Borewell rigs or road layin
equipments or earth excavators.
l) Business enterprises set up b
qualified professionals
management.
Eligible
Activities
for
Financial
Assistance
from TIIC

5. Activities not Eligible for Financial Assistance
from TIIC
Concerns engaged
in trading activity.
Developing of
poultry farms, dairy
farms and
The items or
industries banned
by the Government

6. TECHNOLOGY
DEVELOPMENT
AND
MODERRNISATION
OF SSI UNITS
NATIONAL
EQUITY FUND
SCHEME
INFORMATION
TECHNOLOGY
RELATED
PROJECTS
TECHNOLOGY
UPGRADATION
FOR TEXTILE
UNITS
GENERATOR
SCHEMESINGLE
WINDOW
SCHEME
EX-SERVICE
SCHEME
MAHILA
UDHAYAM
NEETHI SCHEME
1
2
3
4
8
7
6
5
Schemes

7. LO65LO
06
03
NATIONAL EQUITY FUND SCHEME
50 % OF BOTH SOFT
AND TERM LOANS
COLLATERAL SECURITY
SOFT LOANS – 1 %
TERM LOANS = 16 %
INTEREST RATE
UPTO 25 %-
MAXIMUM OF
RS. 6.25 LACS
SOFT LOANS
EXPANSION
AND
MODERNISATI
ON
BELOW RS. 25 LAKHS
MINIMUM 10 %
PROMOTERS
CONTRIBUTION
PROJECT
COST

8. LO65LO
06
03
TECHNOLOGY DEVELOPMENT AND
MODERRNISATION OF SSI UNITS
CHARGE OVER ASSETS
COLLATERAL SECURITY
13 %
INTEREST RATE
NOT MORE THAN 5 YEARS
PERIOD OF
REPAYMENT
SSI UNITS IN
A PERIOD OF
3 YEARS
NOT EXCEED
RS. 100 LAKHS
MINIMUM 20 %
PROMOTERS
CONTRIBUTION
PROJECT
COST

9. LO65LOP
06
03
INFORMATION TECHNOLOGY RELATED
PROJECTS
100 % OF LOAN AMOUNT
COLLATERAL SECURITY
13 %
INTEREST RATE
15 TO 35 %
PROMOTERS
CONTRIBUTION
ATLEAST 5
YEARS OF
PRACTICAL
EXPERIENCE
NEED BASED
20 % OF THE
PROJECT COST
SOFT LOAN
TERM LOAN
SOFT LOANS – 1 %
TERM LOANS = 16 %

10. LO65LO7E
06
03
TECHNOLOGY UPGRADATION FOR TEXTILE UNITS
REASONABLE
COLLATERAL SECURITY
16 %
INTEREST RATE
NOT EXCEEDING 7 YEARS
PERIOD OF REPAYMENT
MODERNISATI
ON OF
TECHNOLOGY
NOT EXCEED RS. 250
LAKHS
MINIMUM 20 %
PROMOTERS
CONTRIBUTION
PROJECT
COST

11. LO65LO7EKOA
06
03
SINGLE WINDOW SCHEME
TERM LOAN- 15 %
WORKING CAPITAL
TERM LOAN – 100 %
COLLATERAL SECURITY
16 %
INTEREST RATE
TERM LOAN – 5 TO 7 YEARS
WORKING CAPITAL TERM
LOAN – 5 YEARS
PERIOD OF REPAYMENT
HOLIDAY
PERIOD
NOT EXCEED RS. 200
LAKHS
33.33%
PROMOTERS
CONTRIBUTION
PROJECT
COST
TERM LOAN –
6 MONTHS TO 2 YEARS

12. SHIRE PURCHASE /
LEASE SCHEME
PURCHASE
ASSISTANCE :
MINIMUM – 5 LAKHS
MAXIMUM – 300
LAKHS
GENERATOR
SCHEMES
INSTALLATION OF
POWER GENERATOR
EX-SERVICE
MAN SCHEME
TOTAL COST – NOT
EXCEEDING 15 LACS.
PROMOTORS CAPITAL –
10 TO 18.5 %
MAHILA UDHAYAM
NEETHI SCHEME
PROJECT COST – 10
LAKHS
PROMOTORS
CONTRIBUTION – 10 %