Micro, Small and Medium Enterprises Development Act 2006 prescribes for filing of EM1 and EM2 for all enterprises. This process has been made voluntary and entrepreneurs find difficulty in filing them in the absence of proper eco system of DIC. The manual procedure is ridden with several challenges and is not considered investor friendly. On account of the cumbersome procedure and since filing of EM is not mandatory, many MSMEs have not registered themselves and are outside the scope of services offered by the Government
In view of the above, Ministry of MSME through NIC have developed a web portal for online filing of Entrepreneurship Memorandum (EM) I & II. The objective is to make the process of filing of EM-I &II forms for the applicant through anytime registration.
The portal would enable the applicant to track the status of application thereby promoting accountability and transparency in the system. It also provides a critical monitoring tool to the government by way of tracking the implementation of intent of investment.