Procurement & Marketing Support (PMS) Scheme

Purpose

Provides concessional equity, equity-linked and convertible-debt assistance to SC-promoted businesses in manufacturing, services, allied sectors and innovative startups.
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Key documents

SC certificate, company incorporation documents, shareholding proof, project report, financial statements, Udyam/GST details, bank statements, quotations, promoter contribution proof and statutory approvals

Relevant Government Reference / Government Resolution / Orders / Circulars

Announced in the Union Budget 2014-15 with an initial corpus of ₹200 crore to promote entrepreneurship among Scheduled Castes.
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Online Facility Available

Fresh VCF-SC applications are presently closed from 1 August 2026. Existing sanctioned cases and portfolio matters continue to be administered by IFCI Venture.
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Online Application Link

VCF-SC official portal
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Applicable Fee

Appraisal, legal, valuation, documentation and due-diligence charges may apply as communicated by IFCI Venture. No uniform online registration fee is published.

Mode of Fee Payment

Pay only through the official IFCI Venture payment channel against an invoice or written communication. Avoid unauthorised agents.

Decision-Making Authority

IFCI Venture Capital Funds Limited, IFCI Venture.
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Important Eligibility Conditions The applicant should generally be a company engaged in an eligible manufacturing, service, allied or innovative activity.
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At least 51% shareholding and management control must be held by SC entrepreneur(s).
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For assistance up to ₹50 lakh, the required SC ownership should generally exist for at least six months. For assistance above ₹50 lakh, it should generally exist for at least 12 months, subject to successor-entity provisions.
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Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment, Government of India

Time Required for Decision

No fixed timeline applies. Approval depends on appraisal, due diligence, Investment Committee consideration, documentation and fulfilment of conditions.

Online Grievance Redressal Link

Complaints may be registered through the IFCI Venture grievance portal.
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Office Address

IFCI Venture Capital Funds Ltd., 16th Floor, IFCI Tower, 61 Nehru Place, New Delhi – 110019.
[ifciltd.com],
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Contact Telephone Number

011-41732585 / 2567 / 2576 / 2581; general IFCI Venture numbers are also listed on its portal.
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Official Contact Email ID

funds@ifciventure.com;
general investment enquiries:
deals@ifciventure.com
and
loans@ifciventure.com.
[ifciltd.com],
[foa.vcfsc.in]

Beneficiary:

As mentioned above

Benefits:

Financial assistance for participation in trade fairs/exhibitions, reimbursement for barcode registration, support for e-commerce adoption, packaging improvement, vendor development programmes, and market access initiatives