Scheme Name: Capital Subsidy

State: Assam

Description of the Scheme: 1. New ITeS units set up in the State will be provided capital support of Rs.1,20,000 per seat incurred on the admissible items with an upper ceiling of Rs.30 crores.
2. Existing BPO units operating in the State under the North East BPO Promotion Scheme (NEBPS) of Government of India will be provided additional 30% capital support on the quantum of capital support provided under the NEBPS, subject to satisfactory operation of the unit as certified by the Software Technology Park of India (STPI), Government of India, the nodal agency for the NEBPS.
3. New IT units set up in the State will be provided capital support of Rs. 1,50,000 per employee engaged in core operations, incurred on the admissible items with an upper ceiling of Rs.30 crores.
4. Units engaged with research and development in emerging technologies in electronic and IT sector will be provided capital support of Rs.2,50,000 per employee engaged in core operations, incurred on admissible items with an upper ceiling of Rs.20 crores.

Target group : IT & ITeS units

Sector of the Scheme: IT & ITeS units

Eligibility Criteria: 1. ITeS units with a minimum of 100 seats capacity at one location will be eligible for this incentive.
2. IT units with a minimum of 100 employees engaged in core operations at one location will be eligible for this incentive.
3. The number of people employed in BPO should be at least 1.5 times the number of the seats will be eligible for this incentive.
4. Research and Development units with a minimum of 50 people engaged in core operations in one location will be eligible for this incentive.

Nature & Mode of Assistance:

"Financial Information (Subsidy, low interest rate, etc.)": Subsidy @ 15% on the cost of Plant & Machinery subject to a ceiling of Rs. 30 Lakhs is provided to eligible industrial units located in growth Centres. IIDCs, Industrial Estates/Parks/Export Promotion Zones and some specified industrial units located outside these places in the North Eastern Region.

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Visit the office of Principal Secretary (IT)
Information Technology Department

Whom to Contact: Information Technology Department Block C, Second Floor
Assam Secretariat, Dispur Guwahati-6