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Latest News & Events

Mandatory filing of Industrial Entrepreneurial Memorandum (IEM) while applying for Subsidies.

click here for IEM Registration
click here for Frequently Asked Questions (FAQs)
click here for updating your IEM Number with TIIC

Assistance to Entrepreneurs

TIIC through its various schemes provides entrepreneur loans for business in Tamil Nadu. It provides short term business loans to meet your working capital requirements. It also provides small business loans to facilitate MSME industries in the State.

Revised Classification of MSMEs applicable with effect from 1 July 2020

For more details, please click here

Digital adoption is key for small and medium businesses to survive

Interest subvention for MSMEs: Govt. to include Co-operative Banks as Eligible Lending Institutions

Centre agrees to waive interest on interest during moratorium for individual, MSME loans up to Rs.2 crore

MSME ministry asks corporates to clear dues of small units on priority

Construction and manufacturing could be our growth propellants

NEED Scheme

The NEEDS Scheme is promoted by the Directorate of Industries and Commerce, Government of Tamil Nadu for providing opportunities for young / new educated entrepreneur with subsidy and support for starting a new venture. The scheme mainly target educated youth with any Degree, Diploma, ITI / Vocational Training from recognized Institutions.TIIC, the ideal destination for business loans in Tami Nadu , also acts as the nodal agency for Government Subsidies for customers availing loan for business.

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