MSME Schemes: How you can benefit from ISO 9000/ISO 14001 Certification Reimbursement Scheme

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Making products meet international standards requires ISO Certifications, but getting it is an expensive affair. To get around this, the government provides reimbursement to SMEs seeking ISO 9000/ISO 14001 Certification.

As small scale industries develop and grow, they contribute towards the growth of the economy considerably. Moreover, as MSMEs grow, the geographical boundaries of trade diminish as organisations look for international collaborations and international trade. Expanding to international markets helps
MSMEs increase their scale of production and, consequently, their revenue.

However, growing a MSME business is challenging in the face of intense competition prevalent in the market. To survive this competition MSMEs need to ensure that their products meet international quality standards so that they can be easily marketed. That is why MSMEs and small scale industries seek ISO certifications for standardizing their products.

Since ISO certification complies with international standards, MSMEs which avail these certifications become competitive in the national as well as international markets. Availing this certification involves considerable funds and so the DC-MSME offers a funding scheme for MSMEs to apply for this certification. The scheme is called the ISO 9000/ISO 14001 Certification Reimbursement Scheme. Let’s understand what the scheme is all about –

What is the ISO 9000/ISO 14001 Certification Reimbursement Scheme?
The ISO 9000/ISO 14001 Certification Reimbursement Scheme helps MSMEs acquire the specified ISO certification by providing them with financial aid. Here are the salient features of the scheme –

  • The charges incurred in availing ISO-9000/ISO-14001/HACCP certification are reimbursed under the scheme.
  • The limit of reimbursement is up to 75% of the cost incurred in availing the certification subject to a maximum of Rs 75,000
  • The reimbursement is done only one time when the organisation provides an Entrepreneurship Memorandum Number.
    https://economictimes.indiatimes.com/small-biz/money/msme-schemes-how-you-can-benefit-from-iso-9000/iso-14001-certification-reimbursement-scheme/articleshow/70532407.cms