Program brief
| Benefit | The R&D Reimbursement Scheme offers 50% reimbursement of R&D expenses, capped at Rs. 5,00,000 per annum. |
|---|---|
| Form of support | Cash, paid into the bank account |
| Meant for | Entrepreneurs |
| Level | State, Goa |
| Field | Business & Entrepreneurship |
| How to apply | Online |
Contents of this entry
Overview
The R&D Reimbursement Scheme offers 50% reimbursement of R&D expenses, capped at Rs. 5,00,000 per annum. Eligible applicants are self-employed or entrepreneurs aged between 18 to 80. The official listing does not provide a deadline, so check the official portal for updates.
The R&D Reimbursement Scheme aims to encourage innovation among local start-ups in Goa. It is part of the Start-up Policy 2017, run by the Information and Publicity Department.
This scheme provides financial support by reimbursing 50% of research and development expenses, including salaries of PhD holders employed by start-ups.
It helps start-ups manage their R&D costs, enabling them to focus on developing new technologies and products.
By supporting local entrepreneurs, the scheme contributes to the growth of the start-up ecosystem in Goa.
Further facts from the listing
| Implementing agency | Startup Promotion Cell (SPC) |
|---|---|
| Scheme for | Infra |
| DBT (direct bank transfer) | No |
Benefits
Award value:
- 50% reimbursement of R&D expenses
- Maximum cap of Rs. 5,00,000 per annum
- Salary component cap of Rs. 2,00,000
The reimbursement is available for a period of two years. The amount is paid within 60 days after approval of the application.
Eligibility
- Age
- 18 to 80 years
- State
- Goa
Eligibility:
- Academic: Must be a local start-up certified by the Startup Promotion Cell (SPC)
- Age: 18 to 80 years
- Income: Not specified
- Category: Self-employed or entrepreneur
Two cases, worked through
Examples:
A first-year BSc student with a start-up and a PhD holder employed for over 12 months is eligible. A second-year BCom student without a start-up certification is not eligible.
Documents
0 of 10 ready
Tick a document once you have it. The ticks stay in this browser only.
Application steps
Application steps:
- Visit the official website of Goa Startup Mission.
- Verify your email ID and mobile number using OTP to register.
- Fill in all mandatory fields in the registration form.
- Create a login name and strong password.
- Read the declaration and terms, then register.
- Log in using your credentials.
- Navigate to the application form for the scheme.
- Fill in all mandatory fields and upload required documents.
- Submit the application and note the reference number.
Common application errors
Common application errors:
- Not providing a valid start-up certificate number.
- Missing the 12-month employment requirement for PhD holders.
- Not ensuring digital payment for eligible expenses.
- Failing to self-attest required documents.
Questions and answers
What is the maximum reimbursement amount?
The maximum reimbursement is Rs. 5,00,000 per annum.
How long does it take for applications to be evaluated?
The SPC aims to notify approval or rejection within 45 days of receiving the application.
Can I apply at any time?
Yes, applications can be submitted at any time during the financial year.
What happens if I submit incorrect information?
You may be prohibited from availing benefits under this scheme.
What types of expenses are eligible for reimbursement?
Only expenses incurred after the notification of the Goa Start-up Policy 2017 and paid digitally are eligible.
Is there a limit on the number of start-ups that can apply?
Yes, a maximum of 100 start-ups can avail of this benefit each year.
Official portal and guidelines
Applications are submitted only on the provider's own portal. jsrr.in does not accept forms, documents or fees.
Documents from the provider
- Guidelines startup.goa.gov.in, PDF
- Application Form goa.gov.in, PDF
jsrr.in is an independent index, not a funding agency or a government body. The provider's official call is final: confirm every condition, amount and date there, and do not pay anyone who offers to apply for you.
This entry was drafted with AI tools from the official listing. Each amount and date in it was checked automatically against that listing; read the official call before you apply.
Ask about this entry