§1Who it is for

  • New nano proprietary units: manufacturing, food processing, job work, value-adding services

Useful if

First-time nano entrepreneurs with projects under Rs 10 lakh and a bank loan.

Do not spend time on it if

Partnership/company units or projects above Rs 10 lakh.

§2Eligibility

New nano proprietary enterprise

  1. Project cost (fixed capital + working capital) up to Rs 10 lakh
  2. Loan-linked: at least 40% loan from a financial institution
  3. 30% of beneficiaries must be women
  4. Priority: women, differently abled, ex-servicemen, SC/ST, youth 18-40

§3Benefits

  • General: grant up to 30% of project cost, max Rs 3 lakh
  • Special category (women, youth 18-40, differently abled, ex-servicemen, SC/ST): up to 40%, max Rs 4 lakh

§4Norms — pattern of assistance

  1. General: loan min 40%, own contribution min 30%, grant max 30%
  2. Special: loan min 40%, own contribution min 20%, grant max 40%
  3. Cost limits: land max 10%, building max 25%, pre-operative max 10%, contingency max 10% of item, working capital max 40% or one cycle
  4. Sanctioned by General Manager, DIC

§5Documents

Tick each one as you get it ready.

Project report

Registered lease/rent deed (if any)

Bank sanction letter with recommendation

§6How to apply

  1. 1

    Apply online or at the Taluk Industries Office (Assistant District Industries Officer) with bank sanction letter and passbook copy

§7Pros and cons

Merits

  • Up to 40% grant for special categories on tiny projects (MMG page)
  • Clear printed checklist of documents (MMG page)

Demerits

  • Very small cap - Rs 4 lakh maximum (MMG page)
  • Page also mentions a '10% additional grant' that conflicts with the 30/40% table - confirm in GO

→Related schemes

Need help with Nano MMG?

Eligibility check, DPR and application file — ask us on WhatsApp.

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. Margin Money Grant to Nano Units page

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.