Compliance reimbursement scheme TRACE enables partial support to MSMEs for conformity assessment costs to secure market access. TRACE is a prospective pilot reimbursement initiative under the Export Promotion Mission to partially reimburse eligible MSMEs for costs of testing, inspection, certification, audits and traceability systems required for market access or to demonstrate compliance with internationally recognised standards. Eligibility requires an active IEC (not on the Denied Entity List) and MSME Udyam Registration; support is available only for activities undertaken on or after the commencement date and follows a two stage online Intent to Claim and Reimbursement Claim process with post disbursement verification.
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Compliance reimbursement scheme TRACE enables partial support to MSMEs for conformity assessment costs to secure market access.
TRACE is a prospective pilot reimbursement initiative under the Export Promotion Mission to partially reimburse eligible MSMEs for costs of testing, inspection, certification, audits and traceability systems required for market access or to demonstrate compliance with internationally recognised standards. Eligibility requires an active IEC (not on the Denied Entity List) and MSME Udyam Registration; support is available only for activities undertaken on or after the commencement date and follows a two stage online Intent to Claim and Reimbursement Claim process with post disbursement verification.
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