NSIC Registration

NSIC (National Small Industries Corporation) Registration is a government initiative under the Ministry of Micro, Small & Medium Enterprises (MSME) that provides support to small and medium-sized businesses in India. NSIC offers a Single Point Registration Scheme (SPRS), which enables MSMEs to participate in government tenders without needing to submit Earnest Money Deposits (EMD). It helps businesses get recognized, gain financial aid, and enjoy various benefits in procurement and marketing.

1. Government Tender Preferences NSIC-registered MSMEs get free tenders and are exempt from paying Earnest Money Deposits (EMD).
They get preference in government procurement and public sector tenders.
2.Financial Assistance & Subsidies
Access to low-interest loans and credit support for business expansion.
Subsidized participation in trade fairs, exhibitions, and international events to promote business growth.
3.Marketing and Business Support
NSIC provides marketing intelligence, tender information, and business development support.
Assistance in branding, advertising, and promotional activities.
4. Easy Access to Government Tenders
NSIC-registered companies get a 1% price preference in government tenders.
No requirement to submit performance guarantees for work orders up to a certain limit.
5. ISO Certification Reimbursement NSIC-registered MSMEs can get financial assistance for obtaining ISO certifications, making them more competitive in the market.