Monday, May 29, 2017
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Self Employment Programme for Youth (SEPY)

To encourage the young Siddha Doctors and Dentist to set up their profession, a financial assistance of Rs. 30,000 and Rs. 1,00,000 respectively is given as subsidy.

Youth in the age group of 18-45 are trained and escorted in obtaining financial assistance to commence ventures sustainable over a period of time.

The Subsidy

  • 30% of the project cost or Rs.2.25 lakhs whichever is lower. The subsidy will be a Front End Subsidy

Auto - Thiruvallur

TATA ACE - Thiruvallur

 

Eligibility

  • The applicant should belong to Scheduled Caste.
  • The annual family income of the applicant should not exceed Rs.1.00 lakh
  • The applicant should be in the age group of 18 -45.
  • The applicant should have prior experience in the trade applied.
  • The Applicant and their family members should not have availed any subsidy so far.
  • The applicant should posses’ eligibility certificate issued by recognised institutions.

Conditions

  • Applicants themselves can select the trade.
  • The assets created under the scheme shall be registered only in the name of the applicant.
  • The applicant shall carryout the business in the district where subsidy is sanctioned.