The scheme “New Entrepreneur-Cum-Enterprise Development Scheme (NEEDS)” was launched by the Department of Micro, Small and Medium Enterprises, Government of Tamil Nadu. The scheme was devised and formulated as a special scheme to assist educated youth to become first-generation entrepreneurs.
Tamil Nadu | subsidy | business
Up to 25% subsidy of project cost (max ₹75 lakhs), 3% interest subvention throughout repayment period, priority in SIDCO industrial estates allotment, additional 10% capital subsidy for SC/ST or differently-abled
Eligible categories: General
View Tamil Nadu youth opportunity scorecard
Find more government schemes for youth
Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.