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Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) is a Government of India scheme that supports micro food processing units by providing financial assistance for modernization, expansion and establishment of food processing enterprises. The scheme promotes value addition and encourages formalization of small food businesses.
PraFintech assists entrepreneurs throughout the PMFME application process, including enterprise verification, project cost preparation, machinery details, document verification and coordination with the concerned authorities for smooth processing.
| Information | Description |
|---|---|
| Unit Type | New Unit or Existing Unit. |
| Enterprise Type | Individual, SHG, FPO or Cooperative. |
| Unit Location | Urban or Rural. |
| Project Cost | Capital Cost and Working Capital. |
| Machinery Details | Name of Machinery, Quantity, Rate per Unit and Total Cost. |