Question: Can you explain the International Cooperation Scheme- Capacity Building of First Time MSE Exporters program?

Answer: of expenditure.Step 02: To apply under the scheme, the applicant organization needs to visit the official website/portal.
(https://ic.msme.gov.in/IC_APP/IC_Welcome.aspx)Step 03: On the home page, select the â€œCapacity Building of First Time MSE
Exportersâ€​ to Login, if Already Registered. If the applicant Organization is a new user, click on â€œNew User Register Hereâ€​ to
register under the scheme by selecting the type of Organization.Step 04: After successful registration, the applicant organization can
login with valid credentials. After login, the user will be redirected to their Dashboard where multiple action has to be done.Note: The
admissible financial assistance would be worked out in accordance with the criteria/scale.Process of seeking financial assistance under
the Scheme:RCMC certificate: Ministry of MSME to sign MoU with EPCs. These EPCs will then be eligible to apply for financial
assistance under the IC scheme. They will be required to apply for financial assistance claims on behalf of MSEs along with all
prescribed documents on the IC Scheme portal.Export Insurance Premium: Export Credit Guarantee Corporation (ECGC) Ltd. provides
insurance to Exporters. The Ministry of MSME will sign a MoU with ECGC Ltd. and claims for financial assistance for the first-time
MSE exporters will be released from the IC Scheme to ECGC upon receipt of the application on the updated portal of the IC
Scheme.Testing and Quality Certification: The Ministry of MSME to sign an MoU with National Small Industries Corporation Ltd.
Financial assistance on certifications defined under the scheme will be released to NSIC Ltd. for further dissemination of funds to
eligible MSEs.Documents RequiredDocuments required for RCMC (Claim Form at Annexure K):IEC Code not more than 3 years old on
the date of export shipmentRCMC fee receiptProof of export carried out in the same financial year for which RCMC is
claimedDocuments required for Export Insurance Premium (Claim Form at Annexure L):IEC code not more than 3 years old on the date
of export shipmentReceipt of Insurance PremiumProof of export shipment carried out in the same financial year for which insurance is
claimedDocuments required for Testing and Quality Certification (Claim Form at Annexure M):IEC code not more than 3 years old on
the date of export shipmentTesting and quality certificationProof of export shipment of product for which testing and quality certification
is claimed.Proof of mandatory requirement of Testing and Quality Certification for such export.Self-certification by MSE that he/she has
not availed benefits under the Market Access Initiative (MAI) Scheme of the Department of Commerce, for the same purpose (As at
Annexure-N).Note: The above documents are to be duly attested/certified by the applicant organization.Frequently Asked
QuestionsWhat is the â€œInternational Cooperation Schemeâ€​?The scheme aims to capacity build MSMEs for entering export market by
facilitating their participation in international exhibitions/fairs/conferences/seminar/buyer-seller meets abroad as well as providing them
with actionable market-intelligence and reimbursement of various costs involved in export of goods and services. The Scheme provides
opportunities to MSMEs to continuously update themselves to meet the challenges emerging out of changes in technology, changes in
demand, emergence of new markets, etc. Thus, in totality, all components of the scheme aim at various aspects required to advance
MSMEs position as emerging export player.Which department has launched this scheme?Ministry of Micro, Small and Medium
Enterprises has launched this scheme.What are the benefits provided under the scheme?Under the scheme, financial assistance will be
provided for the following: â€¢ Registration-cum-Membership Certificate (RCMC) paid by the first-time exporters for registration with
EPCs. â€¢ Export insurance premium paid by MSEs. â€¢ Fee paid on Testing & Quality Certification acquired by MSEs to export
products.Who can apply under this scheme?The Micro and Small Enterprises with valid Udyam Registration are eligible to apply under
the scheme.What is the criterion for Importer Exporter Code for claiming benefits under the scheme?To claim the benefits under the
scheme, the applicant's Importer Exporter Code (IEC) must not be older than 3 years on the date of export shipment.What is the quantum
of assistance for Registration cum Membership certification (RCME)?75% of the cost paid subject to a maximum of â‚¹20,000/- or
actual, whichever is lower subject to quarterly reporting by EPCs as per the prescribed format.What is the quantum of assistance for
Export Insurance Premium?Maximum financial assistance in a financial year of â‚¹10,000/- or actual, whichever is lower subject to
quarterly reporting by ECGC Ltd. as per prescribed format.How to apply under this scheme?The applicant Organisation will submit an
online application for financial assistance, along with the relevant documents in the proforma (prescribed on the IC Scheme portal:
https://ic.msme.gov.in) giving full details of expenditure.How will the grant be released under the scheme?Grants under the Scheme will
be released on a reimbursement basis on submission of the reimbursement claim in the proforma (uploaded on the IC Scheme Portal).
The claim must be accompanied with the documents, as prescribed by the Ministry.Sources And ReferencesGuidelinesOfficial
WebsiteMSME WebsiteOkWas this helpful?News and UpdatesNo new news and updates availableShareSomething went wrong. Please
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seems you have already initiated your application earlier.To know more please visit CancelApply NowMinistry Of
Micro, Small and Medium EnterprisesInternational Cooperation Scheme- Capacity Building of First Time MSE ExportersCapacity
BuildingCooperationExporterFinancial AssistanceInternationalMSEDetailsBenefitsEligibilityApplication ProcessDocuments
RequiredFrequently Asked QuestionsThe scheme â€œInternational Cooperation Schemeâ€​ was launched by the Ministry of Micro,
Small and Medium Enterprises, Government of India with the aim to capacity build MSMEs for entering the export market by facilitating
their participation in international exhibitions/fairs/conferences/seminars/buyer-seller meets abroad as well as providing them with
actionable market-intelligence and reimbursement of various costs involved in export of goods and services. The Scheme provides
opportunities for MSMEs to continuously update themselves to meet the challenges emerging out of changes in technology, changes in
demand, emergence of new markets, etc. Thus, in totality, all components of the scheme aimed at various aspects required to advance
MSMEs' position as emerging export players.The Scheme would cover the following sub-components:â€¢ Sub-Component-I: Market
Development Assistance of MSMEs (MDA)â€¢ Sub-Component-II: Capacity Building of First Time MSE Exporters (CBFTE)â€¢ Sub-
Component-III: Framework for International Market Intelligence Dissemination (IMID)As on date, Sub-Componentâ€“I and Sub-
Component-II are in operation. Sub-Component-III will be in operation soon.Sub-Component II: Capacity Building of First Time MSE
Exporters (CBFTE):The key interventions proposed under the scheme are highlighted below:-Reimbursement of costs incurred by first-
time MSE exporters on export shipments â€“Registration-cum-Membership Certificate (RCMC) paid by the first-time exporters for
registration with EPCs.Export insurance premiums paid by MSEs.Fee paid on Testing and Quality Certification acquired by MSEs to
export products. This will encourage MSEs to produce and offer products and services of international standards for the export
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24303714Last Updated On : 28/03/2024 | v-2.1.1