Scheme for Goa Rajya Vidnyanik Puraskar (GRVP) — Frequently Asked Questions
Answers to the questions founders most often ask about Scheme for Goa Rajya Vidnyanik Puraskar (GRVP) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the Goa Rajya Vidnyanik Puraskar?
It is an annual cash prize competition by the Government of Goa to recognize Goan Innovators/Scientists for impactful product or process innovations.
Who can apply?
Students, Startups, Innovators, Research Faculty, and Scientists who have been residents of Goa for the past 15 years. The innovation must be a product or process, hardware or software based.
How much is the award amount?
Each winner receives a cash prize of ₹2,00,000 (₹2 lakh), directly deposited to their bank account. Three awards are given each year.
What are the categories?
The three categories are Innovation, Environment, and Societal Impact.
Is there an application fee?
The provided information does not mention any application fee, so it is likely free to apply.
How do I apply?
First, register your idea as 'New Idea' on the Virtual Innovation Register (VIR) portal at goastateinnovationcouncil.com/virtual-innovation-register. Then submit your application online on the date announced by GSInC each year.
What documents are required?
You need to submit details of technological inventiveness, the innovator's resume/bio, description of societal impact, scope of commercialization or potential, ways the innovator has inspired others, a non-disclosure agreement, supporting documents (video links, proof of concept, or MVP), letters of recommendation, and a letter of intent if associated with industry/government.
Is there an equity requirement?
No, this is a cash prize competition, not an equity investment. Winners receive the prize money with no equity taken.
Can I apply if I am an NRI but originally from Goa?
The eligibility requires residency in Goa for the last 15 years, so NRIs would not qualify unless they have maintained continuous residence.
When is the deadline?
The deadline is rolling/always open, but applications must be submitted on the date notified by GSInC each year.
Is DPIIT recognition required for Scheme for Goa Rajya Vidnyanik Puraskar (GRVP)?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Scheme for Goa Rajya Vidnyanik Puraskar (GRVP), though having it can strengthen your application and unlock other benefits.
Who offers Scheme for Goa Rajya Vidnyanik Puraskar (GRVP)?
Scheme for Goa Rajya Vidnyanik Puraskar (GRVP) is offered by Goa State Innovation Council (GSInC), a government body. It is provided as non-dilutive funding.
← Back to Scheme for Goa Rajya Vidnyanik Puraskar (GRVP) overview