Are you an SC/ST entrepreneur in Tamil Nadu looking for support to grow your business? The Annal Ambedkar Business Champion Scheme 2025 is here to help you expand your business with financial help. This scheme offers capital and interest subsidies to encourage your investments in machinery and equipment.
Annal Ambedkar Business Champion Scheme 2025 Overview
The Tamil Nadu government introduced the Annal Ambedkar Business Champion Scheme during the 2024–25 budget session. This scheme aims to boost economic growth among Scheduled Caste (SC) and Scheduled Tribe (ST) business owners by providing financial support to start or expand their businesses. The state has set aside Rs. 100 crore for this scheme.
Here are the main benefits of this scheme:
- Capital subsidy of 35% on project costs up to Rs. 1.5 crore
- Interest subsidy of 6% on loans for machinery and equipment
- Support for new manufacturing, service, or trading businesses, or expansion of existing ones
- Interest subsidy applies to the approved working capital for up to two years
Main Details of the Scheme
| Scheme Name | Annal Ambedkar Business Champion Scheme 2025 |
| Introduced By | Tamil Nadu Finance Minister in 2024–25 Budget |
| State | Tamil Nadu |
| Objective | To promote economic growth of SC/ST business owners by providing financial subsidies |
| Capital Subsidy | 35 Percent |
| Interest Subsidy | 6 Percent |
| Budget Allocation | Rs. 100 Crore |
Objectives of the Annal Ambedkar Business Champion Scheme
This scheme is focused on helping entrepreneurs from SC/ST communities develop their businesses and promote economic independence. With the allocated funds, the government will offer subsidies to ease the financial burden of buying machinery and equipment.
Scheme Features and Benefits
- The scheme is managed by the MSME Department as per the government directive dated May 12, 2024.
- Each eligible applicant can get up to 35% capital subsidy on their project cost, which can be up to Rs. 1.5 crores.
- A 6% interest subsidy will be given on loans taken for purchasing machinery and equipment.
- The interest subsidy covers the approved working capital for up to two years.
- No minimum educational qualification is needed; applicants must be under 55 years old.
- The capital subsidy covers land investment up to 20% of the total project cost, machinery, and equipment.
- A retired banker will act as a credit mentor to guide applicants in each district.
- A state-level committee will monitor the scheme every three months to keep it running smoothly.
- The Entrepreneurship Development and Innovation Institute will provide training to selected entrepreneurs.
Step-by-Step Guide to Register on MSME Portal
If you are an SC/ST entrepreneur interested in this scheme, you can register through the official MSME portal. Here’s how:
- Visit the official MSME Tamil Nadu website at https://www.msmeonline.tn.gov.in/
- On the homepage, click on the Login/Registration tab.
- Select the Register option to open the registration form.
- Fill in all the required details including:
- Your full name
- Date of Birth
- Aadhaar Number
- Mobile Number
- Email ID
- Create a secure password for your account.
- Enter the captcha code to confirm you are not a robot.
- Click on the Register button to finish the process.
How to Login to the MSME Portal
- Go to https://www.msmeonline.tn.gov.in/.
- Click on the Login/Registration tab.
- Enter your registered email ID or mobile number and password.
- Type the captcha code for verification.
- Press the Login button to access your account.
Department Login on MSME Portal
- Visit the MSME official website.
- Click on the Dept Login tab on the homepage.
- Enter the department username and password.
- Fill in the captcha code.
- Click Login to access the department account.