The Tamilnadu Industrial Investment Corporation Ltd
(A Government Of Tamil Nadu Undertaking)
Funding Success...

Computer Training Centre

 

Objective To set  up computer training institute (other than regular educational / academic institutions affiliated to UGC, University, etc).
Eligibility

(a) The promoters should be qualified as follows:

  • B.E.(computer Science)/B.E.(any branch)with Dip. In
  • Computer Science /M.C.A./ M.Tech./M.sc. Computer Science.

(b) The unit shall be located in District Headquarters / Major Municipal Towns only.

(c) The training centre should be registered with Directorate of training and employment.

(d) New/expansion of computer training centres may be considered.

Purpose Construction of Building, Purchase of computer hardware, Licensed software, Computer furniture, Classroom furniture, AC, UPS, Printers, overhead projectors besides electrical.
Quantum of Assistance

Minimum  :  Rs.  15 lakh

Maximum :  Rs.250 lakh

Promoter’s Contribution

 

33.33%  to 40%
Debt Equity Ratio 2.00 : 1.00
Repayment It shall not exceed 3 years excluding moratorium of 6 months to one year.
Collateral Security

If primary includes land and building, collateral is 50%.

If the loan is for machinery only 100% collateral (City / Town property) will be obtained.

Others
  • Proposal will not be considered under any special schemes like NEF, MUN, Soft Loan, TAHDCO, SEMFEX, etc.
  • Subsidy will not be considered even if it undertakes software development also.
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