Sarkari Yojana
Co-Working Space/ Incubators/ Accelerators Subsidy Scheme
About Co-Working Space/ Incubators/ Accelerators Subsidy Scheme
The Department of Information Technology, Electronics and Communications, Government of Goa, offers the “Co-Working Space/ Incubators/ Accelerators Subsidy Scheme” to Goa’s Startups. Under it, startups get back a fixed sum for the seats they use at co-working spaces/ incubators/ accelerators on the list maintained by the Startup Promotion Cell (SPC).
Scheme Overview
State Government
Startup Promotion Cell (SPC)
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Co-Working Space/ Incubators/ Accelerators Subsidy Scheme, applicants must satisfy the following conditions:
The startup must hold certification from the Startup…
The startup must hold certification from the Startup Promotion Cell (SPC).
Startups must make digital payments to the co-working…
Startups must make digital payments to the co-working spaces/ incubators/ accelerators listed by the SPC; where digital payment is not possible, the SPC will decide under its guidelines whether the expense can be accepted.
The startup's bank accounts must be linked with…
The startup's bank accounts must be linked with Aadhaar.
Benefits Provided
Co-Working Space/ Incubators/ Accelerators Subsidy Scheme provides the following benefits to eligible applicants:
In the case of Seat Offered by the Co-Working Spaces
The startup gets back 50% of the seat…
The startup gets back 50% of the seat cost, subject to a ceiling of ₹3000 per seat, for no more than 8 seats.
Each startup can use this co-working benefit for…
Each startup can use this co-working benefit for up to two years.
Every year, 100 co-working seats in all are…
Every year, 100 co-working seats in all are subsidised. In the case of Seat Offered by the Incubators
The startup gets back 50% of the seat…
The startup gets back 50% of the seat cost, subject to a ceiling of ₹5000 per seat, for no more than 8 seats.
Each startup can use this incubator benefit for…
Each startup can use this incubator benefit for up to one year.
Every year, 50 incubator seats in all are…
Every year, 50 incubator seats in all are subsidised. In the case of Seat Offered by the Accelerators
The startup gets back 50% of the seat…
The startup gets back 50% of the seat cost, subject to a ceiling of ₹6000 per seat, for no more than 8 seats.
Each startup can use this accelerator benefit for…
Each startup can use this accelerator benefit for up to three months.
Every year, 50 accelerator seats in all are…
Every year, 50 accelerator seats in all are subsidised. NOTE 1: For some deserving startups identified under the SPC's internal guidelines, the SPC may refund as much as 100% of what the startup paid to the co-working space, incubator or accelerator. NOTE 2: Reimbursement can be claimed on any plan offered by the co-working spaces, incubators or accelerators on the SPC list. NOTE 3: The benefits of this scheme can never be treated as an entitlement.
Documents Required
Applicants should keep the following documents ready before starting the application:
The original bill raised by the co-working space/…
The original bill raised by the co-working space/ incubator/ accelerator*
The application form and supporting papers listed in…
The application form and supporting papers listed in Annexure 1
How to Apply
Online Application
Applicants can apply for Co-Working Space/ Incubators/ Accelerators Subsidy Scheme through the online application process outlined below.
Open the Goa Startup Mission portal
Open the Goa Startup Mission portal.
Confirm your Email ID and Mobile Number with…
Confirm your Email ID and Mobile Number with OTP, after which the Registration Page opens.
On the Registration/Signup Page, complete all compulsory fields…
On the Registration/Signup Page, complete all compulsory fields (Country, Name, Date of Birth, Address, PIN Code, Gender and so on).
Choose a Login Name and a strong Password…
Choose a Login Name and a strong Password (special characters such as @ # $ % ^ & + = are allowed).
Read the Declaration and Terms & Conditions carefully…
Read the Declaration and 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 for this…
Go to the online application form for this scheme.
Complete every compulsory field and upload all required…
Complete every compulsory field and upload all required documents (self-attested where needed).
Submit the form and keep the application reference…
Submit the form and keep the application reference number for tracking. Evaluation Process
When a complete application arrives, the SPC examines…
When a complete application arrives, the SPC examines and verifies it, scrutinising the documents and carrying out due diligence on the expenses claimed.
The SPC then recommends the application for sanction…
The SPC then recommends the application for sanction of the cost reimbursement. Notification The SPC evaluates each application and communicates approval or rejection within 45 days of receiving it.
Offline Application
Applicants can apply for Co-Working Space/ Incubators/ Accelerators Subsidy Scheme through the offline application process outlined below.
Print the application proforma, complete all compulsory fields…
Print the application proforma, complete all compulsory fields and attach copies of the required documents (self-attested where needed).
Email the completed, signed form and documents to…
Email the completed, signed form and documents to the SPC at spc-dit.goa@gov.in NOTE: Applications can be made at any point in the financial year once the expense has been incurred, and the benefit can be claimed twice a year or once a year. Evaluation Process
On getting a complete application, the SPC checks…
On getting a complete application, the SPC checks and verifies its contents and performs due diligence on the expenditure based on the documents provided.
The SPC then recommends that the reimbursement be…
The SPC then recommends that the reimbursement be sanctioned. Notification The SPC reviews applications and informs the applicant of approval or rejection within 45 days of receipt.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.