NOTE : Any eligible MSME (Udyam Registered) can register / get onboarded, on the TEAM Initiative (Portal). But NPs will not be able to claim incentives for “Medium Enterprises” and MSEs with “Trading” as the major activity.
This is in line with Sec- 1.1 (pg- 5) of TEAM SOP which says: “The SNPs can onboard any MSME under the TEAM Initiative, however, they can claim incentives as per the TEAM Initiative guidelines, only for the following category of MSMEs:
Fill in the Basic details
Fill in the Configuration details
Fill in the Bank details
Fill in the Commercial details
Accept the declaration
Submit your information
Validation of information by ONDC
Activation of Account for TEAM Scheme and sharing of login details