Additional Incentives

ADDITIONAL INCENTIVES TO MSME IT/ITES UNITS AND INCUBATORS

Rebate on Lease/Rental Space—

Reimbursement up to 25% of lease /rental charges for the space for MSME IT/ITeS units and Incubators established in the state operating from leased / rented space in IT cities/IT Parks or any notified location, will be eligible with maximum limit of INR 10 lakhs per year, for a period of 3 years for MSME IT/ITeS units and for a period of 5 years for incubators from the date of commencement of commercial operations.

Power subsidy

MSME IT/ITeS units shall be eligible for 25% subsidy on power bills for a period of 3 years from the date of commencement of commercial operations or INR 30 lakhs whichever is earlier.