What you get
For Startups Hiring Local Talent: | 50% of the salary of a fresher will be reimbursed, subject to a cap of ₹10,000 per month per recruit. A startup can claim the salary of a maximum of 25 people per month for a period of 3 years. This benefit can be availed of by 100 startups each year, which shall be selected by the SPC as per its guidelines. | For Startups Whose Workforce Comprises 60% Locals: | Up to 25% of the salary of the local workforce, subject to a cap of ₹25,00,000 per year, will be reimbursed for 3 years. A startup can claim the salary of a maximum of 25 people. This benefit can be availed of by 100 startups each year. | NOTE: Once the application is approved by the SPC, the approved amount shall be disbursed within 60 days from the date of approval.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the Goa Start-up Policy 2017?
The objective is to make Goa an aspirational start-up destination and build a robust start-up eco-system.
What is the maximum reimbursement cap for the Salary Reimbursement Scheme for startups hiring local talent in Goa?
The maximum reimbursement cap for startups hiring local talent is [?]10,000 per month per recruit.
How many people can a startup claim the salary of under the Salary Reimbursement Scheme, and for what duration?
A startup can claim the salary of a maximum of 25 people per month for a period of 3 years.
Can startups claim reimbursement for the salary of employees other than IT professionals under this scheme?
No, reimbursement under clause 3.1 is applicable only for IT professionals' salaries.
What percentage of the salary can startups with a workforce comprising 60% locals claim under the scheme, and for how many years?
Startups with 60% local workforce can claim up to 25% of the salary, subject to a cap of [?]25,00,000 per year, for 3 years.
How many startups can avail of the benefits each year, and how are they selected?
100 startups can avail benefits each year, selected by the SPC according to its guidelines.
When does the disbursement of the approved amount take place after SPC approval?
The approved amount is disbursed within 60 days from the date of approval.
What are the eligibility criteria for startups to apply for the Salary Reimbursement Scheme?
Startups certified by the Start-up Promotion Cell (SPC) with a valid startup certificate number are eligible.
For how long should employees be hired to be eligible for the scheme?
Employees should be hired for a minimum period of 12 months to be eligible.
What conditions must be fulfilled regarding digital payments for expenditure to be considered for reimbursements?
Expenditure must be paid digitally and within the validity of the Goa Start-up Policy 2017 to be considered for reimbursements.
Which bank accounts need to be linked to Aadhaar for eligibility?
Both the bank accounts of employees and the directors of the company should be linked to Aadhaar.
Can the scheme be applied for at any time during the financial year?
Yes, the applicant can apply at any time after incurring relevant expenditure, bi-annually/annually.
What is the timeline for notification of approval or rejection after submitting the application?
The SPC notifies approval or rejection within 45 days from receipt of the application.
How can the Startup and IT Promotion Team be contacted?
The team can be contacted through Saurabh Kanade, Francisco Miranda, and Vaibhav Patil, with respective contact numbers provided.
What are the business hours of the Department of Information Technology in Goa?
The business hours are Monday to Friday, 10:00 AM to 5:30 PM.