What types of financial assistance are provided under the IC Scheme?

Financial assistance under the IC Scheme includes reimbursement for airfare, booth fees, customs duties, freight costs, advertising and publicity costs, participation/registration fees, and the cost of organising international conferences/summits/workshops/seminars.

What are the eligibility criteria for organisations to participate in the IC Scheme?

Organisations must be suitably registered under relevant laws, have the primary objective of promoting MSMEs, maintain regular audited accounts for the last three years, and participate in events approved by the Ministry of MSME. Financial assistance is typically limited to three events per financial year.

How much financial support is provided for participation in international exhibitions or fairs?

Financial support includes up to Rs. 1.50 lakhs for economy class airfare, up to Rs. 3.0 lakhs for stall fees, up to Rs. 50,000 for freight charges, and up to Rs. 5,000 for entry/registration fees.

What financial support is available for organizing international conferences in India?

The scheme provides up to Rs. 10 lakhs for the cost of organising the event and up to Rs. 5 lakhs for the airfare of foreign speakers (minimum of three speakers).

What types of financial assistance are provided under the IC Scheme?

Financial assistance under the IC Scheme includes reimbursement for airfare, booth fees, customs duties, freight costs, advertising and publicity costs, participation/registration fees, and the cost of organising international conferences/summits/workshops/seminars.

What are the eligibility criteria for organisations to participate in the IC Scheme?

Organisations must be suitably registered under relevant laws, have the primary objective of promoting MSMEs, maintain regular audited accounts for the last three years, and participate in events approved by the Ministry of MSME. Financial assistance is typically limited to three events per financial year.

How much financial support is provided for participation in international exhibitions or fairs?

Financial support includes up to Rs. 1.50 lakhs for economy class airfare, up to Rs. 3.0 lakhs for stall fees, up to Rs. 50,000 for freight charges, and up to Rs. 5,000 for entry/registration fees.

What financial support is available for organizing international conferences in India?

The scheme provides up to Rs. 10 lakhs for the cost of organising the event and up to Rs. 5 lakhs for the airfare of foreign speakers (minimum of three speakers).

What types of financial assistance are provided under the IC Scheme?

Financial assistance under the IC Scheme includes reimbursement for airfare, booth fees, customs duties, freight costs, advertising and publicity costs, participation/registration fees, and the cost of organising international conferences/summits/workshops/seminars.

What are the eligibility criteria for organisations to participate in the IC Scheme?

Organisations must be suitably registered under relevant laws, have the primary objective of promoting MSMEs, maintain regular audited accounts for the last three years, and participate in events approved by the Ministry of MSME. Financial assistance is typically limited to three events per financial year.

How much financial support is provided for participation in international exhibitions or fairs?

Financial support includes up to Rs. 1.50 lakhs for economy class airfare, up to Rs. 3.0 lakhs for stall fees, up to Rs. 50,000 for freight charges, and up to Rs. 5,000 for entry/registration fees.

What financial support is available for organizing international conferences in India?

The scheme provides up to Rs. 10 lakhs for the cost of organising the event and up to Rs. 5 lakhs for the airfare of foreign speakers (minimum of three speakers).

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IC Scheme MSME 2025 - Global Potential For International Cooperation MSME

Q: What is the main objective of the International Cooperation (IC) Scheme?

The main objective of the IC Scheme is to strengthen the capacity of MSMEs to enter the export market by facilitating their participation in international exhibitions, trade fairs, conferences, seminars, and buyer meetings abroad, as well as to support the organisation of such events within India.

Q: What is the main objective of the International Cooperation (IC) Scheme?

The main objective of the IC Scheme is to strengthen the capacity of MSMEs to enter the export market by facilitating their participation in international exhibitions, trade fairs, conferences, seminars, and buyer meetings abroad, as well as to support the organisation of such events within India.

Samridhi

Author

Updated: 28-01-2025 at 6:31 AM

IC Scheme MSME 2025 - Global Potential For International Cooperation MSME

To promote the growth of the MSME sector, the government has launched the International Cooperation (IC) program. Accordingly, this govt program encourages eligible organisations to participate in international MSME exhibitions, fairs, trade meets, etc.

Moreover, under this program, the Ministry of MSMEs is pushing for conducting international conferences, seminars, workshops and training within the country with full access to the beneficiaries of the IC program.

What Is The International Cooperation Scheme ?

The “International Cooperation Scheme” has been launched by the Ministry of Micro, Small and Medium Enterprises, Government of India, to strengthen the capacity of MSMEs to enter the export market by facilitating their participation in international exhibitions/trade fairs/conferences/seminars/buyers’ meetings abroad and providing them with actionable market intelligence.

The government scheme allows MSMEs to continuously upgrade themselves to meet the challenges arising from technological change, changing demand, emergence of new markets, etc. Overall, all components of the Sarkari Yojana target various aspects required to improve the position of MSMEs as emerging exporters.

Benefits Of International Cooperation (IC) Scheme ?

Under this govt Scheme component, financial support will be provided on a reimbursement basis for

Airfare,
Room rental (booth fees),
Customs reimbursement,
Freight costs,
Advertising and publicity costs,
Participation/registration fees,
Organising international conferences/summits/workshops/seminars, etc.

The program offers MSMEs the opportunity to continuously upgrade their skills to meet the challenges of technological change, changing demand, emergence of new markets, etc. Overall, all program components target various aspects required to improve the position of MSMEs as emerging exporters.

Adapting advanced and innovative technologies to improve the production unit

Upgrading the sector while getting used to modernization

For participation in an international exhibition/fair:

Economy class airfare (maximum Rs. 1.50 lakhs).
Stall fees (maximum Rs. 3.0 Lakh).
Freight charges (maximum Rs. 50,000/-)
Entry/registration fee up to Rs. 5000/-

For organising an international conference in India

The cost of organising the event is up to a maximum of Rs. 10 lakhs.
Airfare for foreign speakers (minimum 03): Rs. 5 lakhs.

Eligibility For International Cooperation (IC) Scheme

Here are the eligibility criteria for the organisation to participate in this Sarkari Yojana

The applicant organisation should be suitably registered under the relevant law (i.e., companies under the Companies Act, societies under the Societies Act, etc.) and have the primary objective of promoting and developing MSMEs.
The applicant organisation should have regular audited accounts for the last three years.
The events for which financial assistance is sought under the scheme must be on the list of approved exhibitions/events/ buyers finalised by the Ministry of MSME in each financial year.
The financial assistance to an applicant organisation is normally limited to three events per financial year. However, the Screening Committee may, for reasons to be recorded, recommend a relaxation of this condition and allow more than three events.
The support can only be seen as a supplement to the organiser’s contribution.
The industry associations/organisations may continuously participate in a particular event for three years. After continuously participating in a specific event for three years, they can join in the same event again after a break of 2 years.

Application Process For International Cooperation (IC) Scheme

Applications can be submitted by eligible industry associations/organisations to avail the benefits of the scheme.

Step 01: The applicant organisation submits an online application for financial support, the relevant documents, and the cost estimate for the proposed event, which includes all details of the expenses.

Step 02: The applicant organisation must visit the official website/portal to submit an application. (https://ic.msme.gov.in/IC_APP/IC_Welcome.aspx)

Step 03: Select “Market Development Assistance” on the home page to log in if registered. If the applicant organisation is a new user, click “New User Register Here” to register for the program by selecting the type of organisation.

Step 04: After successful registration, the applicant organisation can log in with valid credentials. After logging in, the user will be redirected to their dashboard where several actions need to be performed.

Conclusion

The International Cooperation Scheme is a testament to the government’s commitment to promote the growth of the country’s MSME segment. From providing financial assistance to marketing support, the MDA programme enables small businesses to access international markets.

To apply under the scheme, visit the official website/portal and for detailed information, refer to IC Scheme Guidelines

Frequently Asked Questions