National Small Industries Corporation (NSIC)
National Small Industries Corporation
Government of India PSU under the Ministry of MSME supporting MSME growth via credit, marketing, and technology assistance.
NSIC at a glance
| Full name | National Small Industries Corporation |
|---|---|
| Address | India |
| Programmes | 10 standing programmes · 1 open call right now |
| Official website | www.nsic.co.in |
Programs by National Small Industries Corporation (NSIC)
1 open now · 0 past · Filter all programs
Programmes they run
Standing programmes at National Small Industries Corporation (NSIC), separate from the funding calls above.
Incubation Center
IncubationProvides technical support to MSMEs through NSIC Technical Services Centres (NTSCs) and TICs & LBIs across the country.
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The range of technical services provided through these centres include skill development in Hi-Tech as well as conventional trades, material and product testing at our testing laboratories accredited by NABL / BIS, common facilities, energy audit, environment management etc.
Raw Material Assistance
Grant schemeFinances the purchase of raw materials (indigenous & imported) to help MSMEs focus on manufacturing quality products.
Programme pageMSME Mart (B2B Portal)
PlatformFacilitates growth of MSMEs through a B2B marketplace, connecting buyers and sellers across sectors.
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The portal aims at significantly reducing/eliminating the challenge of weak marketing, Market access and visibility of MSMEs in the country. It provides online platform for B2B marketing and connecting MSMEs with the buyer and suppliers all over the world. Offers features like digital presence, showcasing products/services, tender alerts, trade leads, RFQ, franchise/subcontracting/distribution opportunities.
Single Point Registration Scheme (SPRS)
ProgrammeEnlists Micro & Small Enterprises under SPRS for Government Purchases with Public Procurement Policy benefits.
Programme pageNational SC ST Hub
ProgrammeProvides professional support to SC/ST entrepreneurs under Central Government procurement policy and Stand Up India.
Programme pageCredit Facilitation Through Bank
ProgrammeFacilitates credit support (fund-based or non-fund-based) to MSMEs from various nationalized and private sector banks through syndication.
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NSIC enters into MOUs with banks to provide credit facilitation. MSMEs can approach NSIC branch offices for handholding support in completing documentation and follow-up with banks, offered without any cost. This scheme facilitates credit by integrating various public and private sector banks, allowing MSMEs to apply for new banks or switch accounts.
Machines & Equipments Selling Scheme through Aggregation Services
ProgrammeFacilitates the purchase of machinery from NSIC empanelled manufacturers and approved Indian importers for MSMEs, aiming to promote modernization and timely machinery upgradation.
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The scheme identifies manufacturers of key machinery, targets leading seminars/exhibitions for latest technology/machinery onboarding, and creates a pool of suppliers. It ensures detailed information, verification, and secured transactions. Eligibility requires Indian manufacturers or authorized Indian dealers of imported machines with a minimum turnover of Rupees One Crore or more for machinery sales in the last financial year. NSIC assists in empanelment and buyer process.
Marketing Facilitation Scheme (MFS)
ProgrammePromotes products and services of Micro and Small Enterprises, individually or collectively through consortiums, primarily for government procurement.
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The scheme covers Micro & Small Enterprises registered under NSIC's Single Point Registration Scheme (SPRS). NSIC acts as a facilitator, recommending the lowest bidder to buyers (Central/State Governments, PSUs, Local bodies, Public/reputed Private Sector Companies). NSIC's role is strictly facilitative, ensuring a streamlined and transparent process. Annual fees apply based on monetary limit under SPRS, with exemptions for SC/ST entrepreneurs. NSIC charges 5% (inclusive of GST) as facilitation fees.
e-Marketing Services through MSME Global Mart
PlatformA B2B portal (msmemart.com) that provides an online platform for B2B marketing, connecting MSMEs with buyers and suppliers globally, significantly reducing market access challenges.
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The MSME Global Mart is a one-stop platform for networking opportunities, disseminating sector-specific trade leads and tender information. It enables digital presence, showcases products/services 24x7, offers keyword-based tender alerts, trade leads, RFQ, franchise, subcontracting, and distribution opportunities. It also supports the 'Make In India' economy by connecting small and local businesses to national and international markets. Financial assistance is available under the 'Adoption of e-Commerce Policy under PMS Scheme' for micro enterprises, covering 75% of annual membership/subscription fees or contingency expenses, and 80% for Micro and Small Enterprises under NSSH scheme.
NSIC MSME Aggregation Services
ProgrammeOperates as an aggregator and facilitator of ICT Enabled Digital Services, pooling leading service providers to offer digital solutions to MSMEs at transparent and affordable prices.
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The objective is to facilitate MSMEs in technology adoption, achieve higher business efficiencies, automation, and compliance. Services include Software Services (ERP, Accounting, Manufacturing Design, Regulatory Compliance), Cloud Services (PaaS, SaaS), Digital Infrastructure (IaaS, Hardware, Smart devices), AI Solutions, IoT and M2M solutions, and B2B/B2C E-Commerce Solutions. Service providers must offer 'off-the-shelf' and 'plug-n-play' products/services. NSIC charges 6% service charge as an aggregator. MSMEs can apply online or offline, making full payment, with NSIC arranging fulfillment through the service provider.
Labs & facilities
Equipment and space on campus.
Integrated Marketing Development Centre (IMDC)
Material Testing Labs
accredited by NABL / BIS
Support services
Help offered alongside funding and space.
Recognitions & empanelments
Official approvals this incubator holds.
About National Small Industries Corporation (NSIC)
The National Small Industries Corporation Ltd. (NSIC) is a Schedule - A, Government of India Enterprise under the Ministry of MSME, established in 1955. It works to promote, aid, and foster the growth of MSMEs in India. NSIC provides technical support through its Technical Services Centres (NTSCs) and TICs & LBIs across the country, offering skill development, material and product testing in NABL/BIS accredited laboratories, common facilities, energy audit, and environment management. NSIC facilitates MSMEs through various schemes, including credit facilitation from banks, raw material assistance, marketing support through a B2B portal called MSME Global Mart, and aggregation services for machines, equipment, and ICT-enabled digital solutions such as software, cloud, AI, and IoT solutions.
Frequently asked questions about National Small Industries Corporation (NSIC)
What is the full form of NSIC?
NSIC stands for National Small Industries Corporation.
What does National Small Industries Corporation (NSIC) do?
The National Small Industries Corporation Ltd. (NSIC) is a Schedule - A, Government of India Enterprise under the Ministry of MSME, established in 1955. It works to promote, aid, and foster the growth of MSMEs in India.
Where is National Small Industries Corporation (NSIC) located?
National Small Industries Corporation (NSIC) is based in India.
What programs does National Small Industries Corporation (NSIC) run?
National Small Industries Corporation (NSIC) currently has 1 open programme: Raw Material Assistance Scheme.
What facilities does National Small Industries Corporation (NSIC) offer?
National Small Industries Corporation (NSIC) offers Integrated Marketing Development Centre (IMDC) and Material Testing Labs.
Is National Small Industries Corporation (NSIC) government recognised?
National Small Industries Corporation (NSIC) holds the following recognitions and affiliations: Ministry of MSME Enterprise.
How do I apply to National Small Industries Corporation (NSIC)?
Applications run through each programme's own call. National Small Industries Corporation (NSIC) lists 1 open programme — check the programme page for its deadline and eligibility, or apply via https://www.nsic.co.in.
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