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  3. Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme
Goa

Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme

Goa Startup Mission

About This Scheme

This scheme reimburses operating expenses like internet, software, cloud services, and lease rentals for Goa startups operating from privately owned or rented premises, not government facilities.

This scheme provides reimbursement for operating expenses incurred by Goa startups that operate from privately owned or rented premises. It specifically excludes startups utilizing government co-working spaces, incubators, or accelerators. Eligible expenses include internet connectivity, software license fees, and cloud services. For local startups in rented premises, it also covers lease rental costs.

Benefits

  • This scheme offers reimbursement for operating expenses up to a maximum of ₹10 lakh over two years.
  • For startups in privately owned or rented premises, internet connectivity, software license fees, and cloud services are reimbursed up to ₹1 lakh per quarter for one year.
  • Additionally, 'Local start-ups' (with at least 50% Goan equity) operating from rented premises can avail a lease rental subsidy of up to ₹20 per square foot per month, capped at ₹3 lakh per annum, for up to two years.
  • A startup can only avail benefits under one category at a time.

How to Apply

Rolling basis

Quick Info

Amount / Funding
Up to ₹10 Lakhs
State / Region
Goa
Ministry / Dept
Goa Startup Mission
Tags
Subsidy