Sarkari Yojana

Market Support Scheme for Smaller Business Units

Goa
Quick Summary: Goa's Market Support Scheme for Smaller Business Units, launched in 2018 under the IT Policy, reimburses eligible IT units 50% of exhibition rental cost for up to 9 square meters at national or international exhibitions.

About Market Support Scheme for Smaller Business Units

Introduced in 2018, the “Market Support Scheme for Smaller Business Units” forms part of the “Information Technology Policy Schemes” of the Department of Information Technology, Government of Goa. It is designed to give Market Support to eligible Information Technology Units in the State of Goa. Units taking part in national/international exhibitions are reimbursed 50% of the exhibition rental cost, for a space of up to 9 square meters. The scheme is framed under Goa’s IT Policy, which sees Goa as an aspirational geographical and human resource base for IT Units and a preferred place for them to invest and expand.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Market Support Scheme for Smaller Business Units, applicants must satisfy the following conditions:

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Both new and existing units qualify only if…

Both new and existing units qualify only if they operate in Goa.

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Applicants have to fall under one of these…

Applicants have to fall under one of these categories:
A Proprietorship Firm
A Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
A Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
A Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
A Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)

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Aadhaar must be linked to the bank accounts…

Aadhaar must be linked to the bank accounts of the unit and/or its partner(s)/director(s).

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A reimbursement can be claimed only if the…

A reimbursement can be claimed only if the Committee pre-approves the exhibition before the unit attends it.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Market Support Scheme for Smaller Business Units provides the following benefits to eligible applicants:

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Subject to Government approval, units are reimbursed…

Subject to Government approval, units are reimbursed 50% of the exhibition rental cost for participating in national/international exhibitions, for space of up to 9 square meters.

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NOTE 1:

Benefits depend on budgetary allocation. If the allocation is exceeded and benefits are stopped, no Promissory Estoppel will apply. NOTE 2: Committee pre-approval must be obtained before attending an exhibition for a reimbursement to be claimed.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

Common Documents Required at the Time of Pre-Approval

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The Incorporation Certificate (copy)

The Incorporation Certificate (copy).

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A copy of the document/certificate registering the New…

A copy of the document/certificate registering the New Unit.

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PAN, Aadhaar and GST TIN, in copies

PAN, Aadhaar and GST TIN, in copies.

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The Memorandum and Articles of Association

The Memorandum and Articles of Association.

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A copy of the First Bill Generated or…

A copy of the First Bill Generated or another relevant document showing when operations commenced.

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Brochures and other information material about the exhibition(s)…

Brochures and other information material about the exhibition(s) for which approval is sought, showing the rental charges. Additional Documents Required to Claim Reimbursement

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A Certificate of Participation for the event

A Certificate of Participation for the event.

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Evidence that the rental charges were paid

Evidence that the rental charges were paid. Other Documents

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Udyog Aadhaar

Udyog Aadhaar.

Ensure all documents are valid and, where required, duly attested before submitting your application.

How to Apply

Online Application

Applicants can apply for Market Support Scheme for Smaller Business Units through the online application process outlined below.

1️⃣

Open the Official Web Portal of Goa Online…

Open the Official Web Portal of Goa Online and click "Register" in the top right corner.

2️⃣

The following page asks you to verify your…

The following page asks you to verify your Email ID and Mobile Number by OTP, after which you are taken to the Registration Page.

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Complete every mandatory field of the registration form,…

Complete every mandatory field of the registration form, choose a Login Name and a strong Password, read the Declaration and the Terms & Conditions and tick the checkboxes. Type the Captcha Code and click "Register/Signup".

4️⃣

Sign in with your Login Name and Password,…

Sign in with your Login Name and Password, enter the Captcha Code and click "Login".

5️⃣

From the top ribbon, choose "Services" and then…

From the top ribbon, choose "Services" and then "IT Services". Clicking the scheme's name opens its application form; complete the mandatory fields and upload the mandatory documents.

6️⃣

Submit the form, and a unique registration number…

Submit the form, and a unique registration number is generated; keep it for future reference. NOTE 1: Once the relevant expenditure has been incurred, the scheme can be applied for on a quarterly/bi-annually/annual basis. NOTE 2: Applications must be filed 60 days ahead of attending an exhibition, and the pre-approval decision is issued within 30 working days. Disbursement Timeline
Incentive Application Receipt: D
Scrutiny of the application against the checklist: D+30days
Approval by the Empowered Committee: D+60 days
Regret Letter/Sanction Orders issued and Disbursement made: D+90 days

Ensure all required documents are ready before starting the application process.

Exclusions / Who Is Not Eligible

The units availing similar financial incentives under any other policy of the Government of Goa are not eligible for availing benefits under this scheme.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References