Brahmin Entrepreneurship Development Scheme of Telangana (BEST)

Download sample BEST Project Profile / Report Proforma – I  (or) Download sample BEST Project Profile / Report Proforma – II


Progressive Brahmins in Telangana among youth and professionals are now coming forward to take up entrepreneurship as a career to establish self-employment projects in view of Globalisation and Make in India initiatives of Government of India and Government of Telangana particularly. It helps to create additional employment opportunities apart from economic development.
Telangana Brahmin Samkshema Parishad hereby announce “Brahmin Entrepreneurship development Scheme for promotion of Micro, Small and Medium Enterprises in Telangana (BEST)” for the benefit of entrepreneurs belonging to Telangana Brahmin community.
According to MSME act of GOI, the definitions of MSME are as follows:
Definitions of Micro, Small & Medium Enterprises 
In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:
1. Manufacturing Enterprises – The enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951) or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery.
2. Service Enterprises – The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
The limit for investment in plant and machinery / equipment for manufacturing / service enterprises, as notified, vide S.O. 1642(E) dtd.29-09-2006 are as under
A. Manufacturing Sector Enterprises Investment in Plant & Machinery
1. Micro Enterprises-Does not exceed Twenty Five Lakh Rupees
2. Small Enterprises -More than Twenty Five Lakh Rupees but does not exceed Five Crore Rupees
3. Medium Enterprises-More than Five Crore Rupees but does not exceed Ten Crore Rupees
B. Service Sector Enterprises Investment in Equipments
1. Micro Enterprises-Does not exceed Ten Lakh Rupees
2. Small Enterprises-More than Ten Lakh Rupees but does not exceed Two Crore Rupees
3. Medium Enterprises-More than Two Crore Rupees but does not exceed Five Core Rupees
Good number of Brahmin community entrepreneurs are unable to take up entrepreneurship as a career in view of limited financial resources &economic backwardness and establishment of necessary linkages. There are growing opportunities in state as a result of proactive role of state Government.
Guidelines for the scheme
Financial Assistance under this Scheme will be sanctioned to Brahmin community entrepreneurs belonging to any of the 31 districts for establishing Micro, Small and Medium enterprises, subject to the following guidelines:
•  Brahmin entrepreneurs whose family income from all sources is less than
  1) Rs.6 lakhs per annum for micro enterprises
  2) Rs.15 lakhs per annum for small enterprises and
  3) No income limit for Medium enterprises, are eligible.
  Total income from all sources of the employed candidates or his/her parents / guardians, shall not exceed as indicated above. In case of employees, salary certificate from the employer is a must.
•  In all cases the Income Certificate must be obtained through MEE SEVA. A copy of the latest monthly salary slip from the employer is also required to be enclosed with the application.
Qualification
1. At least SSC qualification is required for Micro enterprises along with professional experience preferred
2. It is desirable that graduate/Professional qualification with experience/track record preferred for small and medium enterprises
Financial Assistance (in Lakhs)
1. Micro Enterprises (Manufacturing & Service sector)
1. Up to Rs. 5 Lakhs : 75% subsidy/start-up grant
2. Rs. 5.1 Lakh to Rs. 10 lakhs : 50% subsidy/start-up grant
3. Rs. 10.1 Lakh to Rs. 25 lakhs : 30% subsidy/start-up grant
2. Small Enterprises (Manufacturing & Service sectors)
1. Rs. 10.1 to Rs. 200 Lakhs (SS), 30% of project cost subject to maximum of Rs. 30L subsidy/start-up grant
2. Rs.25.1 Lakh to Rs. 500 lakhs (MS) 30% of project cost subject to maximum of Rs. 40L subsidy/start -up grant
3. Medium Enterprises
1. Rs. 201 Lakh to Rs. 500 lakhs (SS)—10% subsidy/Startup Grant (subject to maximum of Rs. 40L)
2. Rs. 501 Lakh to Rs. 1000 lakhs (MS)–10% subsidy/Startup Grant (subject to maximum of Rs. 50 L)
The selected beneficiaries can also avail other eligible incentives for MSMEs and other Government agencies. The main focus of TBSP is on delivery of quality services with effective follow up mechanism and mentoring & advisory services.
The applicant has to identify the project in accordance with MSME ACT 2006 linking NIC codes of Udyogaadhaar. Please download the National Industrial Classification Codes
BEST – Small Business, Agro-based and allied sectors
Telangana Brahmin Samkshema Parishad (TBSP) has decided to extend financial assistance to the prospective entrepreneurs under BEST Scheme to extended to provide financial assistance as startup grant/subsidy to the persons from Brahmin Community interested in setting up small business, Agro-based and allied industries etc., (other than MSME activities). Is is also decided to scrutinize the applications in this regard in consultation with an expert from the Industries Department.
Indicative list of some viable small projects in business, agri and allied sectors for special support under BEST scheme.
1. Dairy Farm
2. Agriculture equipment (Mini tractors, Power tillers etc)
3. Kirana or Mini Super market
4. Business activities such as puja material, stationery, saree centre etc
5. Transport items like Taxi, Auto, small trucks ,delivery vans etc
6. Bore well with submersible pump for farmers
7. Horticulture, medicinal plants and herbal gardens (other than crop loans)
8. Small mobile van for sale of milk, vegetables ,snacks & fast foods etc
9. Hostel for Brahmin Men / Women / Students
10. Tutorial, coaching centres, Dance, Music & fine arts training institutes
11. Marketing showroom/sales outlet for Agri ,Micro enterprises and Herbal products
12. Sport & Yoga training institutes & Spa
13. Baby-sitting / play schools
14. Catering, Curry points, pickles, vegetarian meal delivery service
15. Color photo studio& videography
16. Event planner / Tent house
17. Boutique & Tailoring services
18. Cosmetic store & Beauty parlour
19. Accounting, Marketing, Industrial consultancy & Advertising services
20. Printing press / Desktop publishing unit
21. Ball point pen manufacturing
22. Driving school
23. Courier services
24. Packers and movers
25. Travel agency
26. Toy shop
27. Dairy & milk parlour
28. Sweat parlour
29. Medical store
30. Pest control services
31. Any other innovative viable project in Small business & services etc
Special Support
1. Up to Rs. 5 Lakhs : 75% subsidy / start-up grant
2. Rs. 5.1 Lakh to Rs. 10 lakhs : 50% subsidy / start-up grant
3. Rs. 10.1 Lakh to Rs. 25 lakhs : 30% subsidy / start-up grant
Eligibility
• The applicant should belong to Brahmin Community from 31 districts of Telangana
• Preference shall be given to Applicants who are availing the economic Support schemes for the first time Particularly Women Applicants
• The applicant should setup unit in Telangana
• The activity proposed by the applicant should be technically feasible and economically viable and it will be considered by the TBSP on merits. They are expected to submit project profile/ project report as per bank/ financial institution norms
• Subsidy/Startup Grant will be sanctioned only once to the entire family
• Eligible candidates shall fill their application online in the prescribed format
• Applicant should also upload the scanned copies supporting documents
• Applicants should be able to invest necessary equity, other than subsidies, loan component and fulfill required disbursement formalities by financial institutions
Selection & Disbursement Process
•  The selection committee consist of Members of TBSP and technical people will scrutinize applications and for forward to concerned banks/ financial institutions for further processing and sanctions
•  Final decision will made by executive committee and Chairman of TBSP for selecting beneficiaries
•  The subsidy will be released to concerned banks/ financial institutions after obtaining sanction letter and release of first installment or partial completion of project grounding
•  The project loan sanctioning institutions will have to submit utilization certificates after disbursement of subsidy to beneficiaries
•  TBSP will monitor the grounding of units with the support of District Collectors through Municipal and Panchayat raj officials
•  However officials of TBSP will also monitor the progress periodically
•  The number of beneficiaries for sanction of subsidy will be decided by executive committee/ Governing body of TBSP per annum
•  Applicants have to upload filled project proforma in the prescribed format as enclosed or they may upload project profile as per bank norms if already prepared
•  If required they may have to submit detail project report depending on the project, as suggested by TBSP
•  All the applicants are requested to keep actual cost details of land, plant & machinery, building(s) etc., along with latest quotations during scrutiny of applications
•  Start up grant / Subsidy from TBSP will be disbursed after physical inspection and submission of satisfactory evidence of investment of promoter share and verification of relevant documents
The applicant shall submit the following documents along with online filling of application
•  Residential/ Nativity Certificate
•  Caste Certificate from Mee Seva
•  Income Certificate from Mee Seva
•  Aadhaar Card
•  Qualification certificate
•  Project profile/ Project report of the proposed project to justify techno economic feasibility

How to Apply
1) Click on “Apply Now” for BEST – MSME sector – 

2) Click on “Apply Now” for BEST – Small Business, Agro-based and Allied Sectors –