Sarkari Yojana
Grant for Incubation Centers within Educational Institutes Scheme
About Grant for Incubation Centers within Educational Institutes Scheme
Offered by the Department of Information Technology, Electronics and Communications, Government of Goa, for Startups of Goa, the “Grant for Incubation Centers within Educational Institutes Scheme” lets educational institutes in Goa that are affiliated with a recognized public university receive a one-time grant to meet the capital cost of creating an incubator on their own campus.
Scheme Overview
State Government
Startup Promotion Cell (SPC)
Business Entity, University / Institution
Scheme Details
Eligibility Requirements
To qualify for Grant for Incubation Centers within Educational Institutes Scheme, applicants must satisfy the following conditions:
Any educational institute located in Goa may apply,…
Any educational institute located in Goa may apply, provided it holds affiliation with a recognized public university.
Benefits Provided
Grant for Incubation Centers within Educational Institutes Scheme provides the following benefits to eligible applicants:
A one-time grant of up to ₹ 10,00,000…
A one-time grant of up to ₹ 10,00,000 is available to every educational institute in Goa affiliated with a recognized public university, to meet capital expenses for establishing an incubator on campus.
Institutes that already run incubation facilities may also…
Institutes that already run incubation facilities may also use the capital-expense grant to expand those facilities further.
No more than 15 institutes per year can…
No more than 15 institutes per year can receive this benefit.
Institutes with existing incubation facilities additionally receive up…
Institutes with existing incubation facilities additionally receive up to ₹ 3,00,000 per year for three years to cover operational expenses. Relaxation / Preference / Priority Applicants with a strong performance record will be preferred. NOTE 1: An institute that takes benefits under this scheme must not limit use of its incubation facilities to its own students. NOTE 2: These benefits can never be treated as an entitlement; the SPC alone has the right to accept or reject any application. NOTE 3: Eligible capital expenses will be determined using Accounting Standard 102 for Fixed Assets issued by the Institute of Cost Accountants of India.
Documents Required
Applicants should keep the following documents ready before starting the application:
A copy of the planned expenditure for the…
A copy of the planned expenditure for the proposed expenses*.
The form along with the documents listed in…
The form along with the documents listed in Annexure 1 for Educational Institutes. NOTE: Aadhaar must be linked to the bank account of the institute's Principal/ Director.
How to Apply
Online Application
Applicants can apply for Grant for Incubation Centers within Educational Institutes Scheme through the online application process outlined below.
Open the Official Website of the Goa Startup…
Open the Official Website of the Goa Startup Mission.
Confirm your Email ID and Mobile Number through…
Confirm your Email ID and Mobile Number through OTP, after which the Registration Page opens.
On the Registration/Signup Page, complete every mandatory field…
On the Registration/Signup Page, complete every mandatory field of the form (Country, Name, Date of Birth, Address, PIN Code, Gender, etc.).
Choose a Login Name and set a strong…
Choose a Login Name and set a strong Password (special characters such as @ # $ % ^ & + = are allowed).
Go through the Declaration and the Terms &…
Go through the Declaration and the Terms & Conditions carefully and tick the boxes.
Type the Captcha Code and press "Register/Signup"
Type the Captcha Code and press "Register/Signup".
Sign in with your Login Name and Password,…
Sign in with your Login Name and Password, type the Captcha Code, and press "Login".
Go to the online application form of the…
Go to the online application form of the scheme concerned.
Complete all mandatory fields of the form and…
Complete all mandatory fields of the form and upload every required document (self-attested where needed).
Submit the form and keep a record of…
Submit the form and keep a record of the application reference number so you can track it. OR
Print the proforma of the application form, complete…
Print the proforma of the application form, complete all mandatory fields, and enclose copies of every required document (self-attested where needed).
Email the completed and signed form together with…
Email the completed and signed form together with the documents to the SPC at spc-dit.goa@gov.in NOTE: Applications are accepted at any point in the financial year, but only within 6 months of the related expenditure being incurred. Notification After evaluating each application, the SPC will communicate its approval or rejection within 45 days of receiving it.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.