Sarkari Yojana
Capital Contribution Scheme (Goa)
About Capital Contribution Scheme (Goa)
The “Capital Contribution Scheme”, started in 2008 by the Department of Industries, Government of Goa, backs local entrepreneurs and encourages industrial units to branch out and create special products using locally developed technology. It extends financial support to local entrepreneurs, existing functional units, and units that rely on locally developed technology, and is carried out by the Directorate of Industries, Trade and Commerce. Its aims are:
1. Offering financial help to local entrepreneurs. 1. Helping existing functional units branch out and grow. 1. Encouraging locally developed technology.
Scheme Overview
State Government
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Capital Contribution Scheme (Goa), applicants must satisfy the following conditions:
Clusters/Units that have been operating for no less…
Clusters/Units that have been operating for no less than 3 years qualify, other than those covered by the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008 or any similar Scheme in force while this Scheme runs.
Partnership firms and private limited concerns may apply,…
Partnership firms and private limited concerns may apply, other than those covered by the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008 or any Scheme in force while this Scheme runs.
Eligibility is limited to Units holding permanent registration…
Eligibility is limited to Units holding permanent registration with the Directorate of Industries, Trade and Commerce. Priority goes to small-scale sector units, units engaged in research and development, technically oriented units, and units/clusters managed by women entrepreneurs.
Benefits Provided
Capital Contribution Scheme (Goa) provides the following benefits to eligible applicants:
Each unit can receive a capital contribution of…
Each unit can receive a capital contribution of up to ₹1,00,00,000/-, provided the promoters contribute an amount equal to or greater than the Government's capital contribution. Sick units are exempt from this condition.
The capital contribution runs for 5 years, as…
The capital contribution runs for 5 years, as stated in the sanction order, and carries a guaranteed return of 6% or actual profit. Disbursement of Funds Once approved, the capital contribution is released within 60 days of the approval date. The beneficiary has to furnish post-dated cheques for repayment and provide collateral security in line with the scheme guidelines.
Documents Required
Applicants should keep the following documents ready before starting the application:
The Permanent Registration Certificate (copy) or other valid…
The Permanent Registration Certificate (copy) or other valid proof of registration with the Directorate of Industries, Trade and Commerce.
Audited accounts statements covering the last 3 years
Audited accounts statements covering the last 3 years.
A Project Report
A Project Report.
Post-dated repayment cheques as security against the sanctioned…
Post-dated repayment cheques as security against the sanctioned amount (if approved).
Collateral security matching the contribution requested or the…
Collateral security matching the contribution requested or the amount the unit qualifies for (if approved).
How to Apply
Offline Application
Applicants can apply for Capital Contribution Scheme (Goa) through the offline application process outlined below.
Application Process
Eligible units must file their application, in the prescribed format and with the necessary documents, with the Directorate of Industries, Trade and Commerce.
The Directorate of Industries, Trade and Commerce examines and considers each application within 3 months of receipt and communicates its decision within 4 months of the date the application was received.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.