| Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) |
| Organization | Ministry of Micro, Small & Medium Enterprises (MSME) and Small Industries Development Bank of India (SIDBI) |
| Source of funding | Government |
| Scheme | Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) |
| Type of funding | Debt |
| Funding Amount | 10000000 |
| Description | This fund was set up for easier availability of bank credit without the hassles of collateral / third party guarantee |
| Range of funding | Rs 50 lakh to Rs 2 crore |
| Target investees | New as well as existing Micro and Small Enterprises. |
| Note | (1) Only Micro and Small Enterprises engaged in manufacturing activities and those in service sector excluding retail trade are eligible to be covered under the Scheme.
(2) Credit for retail trade, educational / training institutions and SHGs are not
eligible for coverage.
(3) The following institutions are part of this scheme: 133 Banks / RRBs / other lending institutions registered as MLIs with CGTMSE (26 PSU Banks, 21 Pvt. Banks, 73 RRBs, 9 Financial Institutionsand 4 Foreign Banks). The entire list can be accessed here: https://www.cgtmse.in/List_Of_MLIs.aspx
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| Purpose | To encourage and support first generation entrepreneurs to set up their own SME, by making easily available loans without any collateral / third party guarantee. |
| Focus area | Multiple focus areas |
| Provides Funds For | A, B, C, D, |
| Scheme Type | Ongoing scheme |
| Recommended scheme | |
| Scheme status | Live scheme |
| More detail.. | Link |
