In accordance with the G.O Ms No 49 MSME Dept dated 29.10.2012, the educated youth will be given entrepreneur training, assisted to prepare their business plans and helped to tie up with financial institutions so as to set up new Manufacturing and Service ventures. The beneficiary must be a First Generation Entrepreneur. The scheme details are as follows - Project cost above Rs.10.00 Lakhs and not exceeding Rs.5.00 Crore. Entrepreneur has to meet the cost of land, Rented/Leased Building, Technical Knowhow, Preliminary & Preoperative expenses    TO AVAIL LOAN ASSISTANCE WITH SUBSIDY UNDER NEW ENTREPRENEUR CUM ENTERPRISE DEVELOPMENT SCHEME(NEEDS) Individual / Partners Should Be First Generation Entrepreneurs Educational Qualification Degree / Diploma / ITI or Vocational Training from the recognized Institution Annual Family Income No Ceiling Age Limit Minimum 21 Years Maximum for General Category 35 Years SIM - 45 Years Maximum for Special Category ( SC/ST/BC/MBC/MINORITIES/Women/Ex-Servicemen / Differently Abled / Transgender)  45 Years SIM - 55 Years Apply Onine - https://msmeonline.tn.gov.in/needs/index.php