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Terms & Conditions

• Incomplete applications will automatically be rejected.
• Turnover as on March 2017 should be less than Rs.25 crore.
• Minimum / Maximum number of full time employees on the rolls of MSE should be 10 / 250.
• Neither the Applicant MSE, nor any of its promoters/directors and group/associated firms are defaulters to any lending institutions.
• Only those engaged in manufacturing and services are eligible for applying for all categories.
• Traders are eligible to apply under two categories Innovative Business, and Technology adoption
• Entity should not be owned by a foreign group, should not be a subsidiary of a large business house/group
• The Applicant is willingly and voluntarily submitting the details and documents as required under the microsite and Nomination Form.
• The applicant (for the awards) consents to share their data to 3rd parties for due diligence and validation purpose.
• The Applicant MSE hereby unconditionally waives all legal rights to seek remedies of whatsoever nature against BCCL, SIDBI, CRISIL including any of their directors, promoters or any employees as a result of any and all claims, damage to property, bodily injury, actual, indirect, incidental, special, exemplary, punitive or consequential damages, incurred by the Applicant MSE and/or any of its promoter’s/director’s and group/associated firms as a result of participating in this Award Event.
• The details submitted on the microsite by the Applicants will be used to generate iCheck report(s) by the Knowledge partner (CRISIL).
• Only the Applicants submitting complete information under the nomination form will be eligible for iCheck report(s).
• CRISIL will prepare Credit Assessment Score (CCAS) report only for Applicants selected for second level.
• The selected Applicant consents to share additional documents relating to its business operations, financial statements and credit history documents (like bank statements and credit bureau report of the MSE and promoters) with CRISIL for further assessment.
• iCheck report of all the eligible Applicants and CCAS reports of the selected Applicants will be publicly displayed by CRISIL on its website -www.smefirst.com for such duration as CRISIL may deem fit.

Conditions Apply

• The details submitted on the microsite by the Applicants will be used to generate iCheck report(s) by the Knowledge partner (CRISIL).
• The Applicant MSE hereby unconditionally waives all legal rights to seek remedies of whatsoever nature against BCCL, SIDBI, CRISIL including any of their directors, promoters or any employees as a result of any and all claims, damage to property, bodily injury, actual, indirect, incidental, special, exemplary, punitive or consequential damages, incurred by the Applicant MSE and/or any of its promoter’s/director’s and group/associated firms as a result of participating in this Award Event.
• Only the Applicants submitting complete information under the nomination form will be eligible for iCheck report(s).
• CRISIL will prepare Credit Assessment Score (CCAS) report only for Applicants selected for second level.
• The selected Applicant consents to share additional documents relating to its business operations, financial statements and credit history documents (like bank statements and credit bureau report of the MSE and promoters) with CRISIL for further assessment.
• iCheck report of all the eligible Applicants and CCAS reports of the selected Applicants will be publicly displayed by CRISIL on its website - www.smefirst.com for such duration as CRISIL may deem fit.

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