Annal Ambedkar Business Champions Scheme
The Annal Ambedkar Business Champions Scheme offers financial support to SC/ST entrepreneurs in Tamil Nadu.
- Level
- State scheme — Tamil Nadu
- Category
- Financial Assistance, Social Welfare, Business & Startup
- Benefit
- ₹52,50,000 — 35% capital subsidy on eligible project cost.
Who is eligible?
- Age up to 55
- For: entrepreneur
- Category: SC, ST
- Resident of Tamil Nadu
- poor household
Applicants must be residents of Tamil Nadu and belong to Scheduled Caste or Scheduled Tribe communities. The age limit for beneficiaries is set at 55 years, and there are no minimum educational qualifications required. Enterprises must be fully owned by SC/ST individuals and can be new or existing businesses in manufacturing or services.
What you get
The scheme provides a 35% capital subsidy on eligible project costs, up to ₹1.5 Crore, along with a 6% interest subvention on loans for machinery and equipment. This financial assistance aims to promote entrepreneurship among SC/ST communities.
How to apply
Interested applicants should complete the online application on the official website of the Micro, Small and Medium Enterprises Department of Tamil Nadu. They must register, fill in the required details, and upload necessary documents.
Documents needed
- Identity proof (Election ID Card/Aadhaar card)
- Copy of PAN Card
- Passport size photo
- Proof of age
- Caste/Community Certificate
- Residence proof
- Bank account details
- Any other documents, if required
Source: myScheme (myscheme.gov.in) archived page via gov_myscheme dataset. Facts last verified on 2026-06-07.