Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding can I get under this scheme?
You can receive up to ₹1 lakh per quarter for general operating expenses (internet, software, cloud) for one year. If you are a 'Local start-up' in rented premises, you can also get up to ₹3 lakh per year for lease rentals for two years. The total maximum reimbursement is ₹10 lakh over two years.
What is the application deadline?
The scheme is open on a rolling basis with no fixed deadline. Applications are accepted year-round, but there are annual caps on the number of startups selected.
Who can apply for this scheme?
Startups that are certified by the Startup IT Promotion Cell (SITPC) and do not use any government-provided co-working spaces, incubators, or accelerators. Directors' bank accounts must be linked to Aadhaar. For the lease rental subsidy, you must be a 'Local start-up' (at least 50% equity held by Goans since inception).
Does this program take equity?
No, this is a reimbursement subsidy, not an equity investment. It does not take any stake in your startup.
What documents do I need to apply?
You need address proof of operational office in Goa, a cancelled cheque of the startup, Goan Domicile/Residence Certificate (if claiming local benefits), Aadhaar card of Director/CEO, relevant bills/invoices from certified vendors, proof of digital payment, and a valid registered Lease Deed (for lease rental).
How do I apply?
Apply through the Goa Startup Mission website at https://startup.goa.gov.in/StartupIncentives. Submit the required documents for review by the SITPC.
Are expenses before the policy announcement eligible?
No, only expenditures incurred after the notification of the Goa Start-up Policy 2021, within the policy's validity, and paid digitally will be considered.
What is a 'Local start-up'?
A startup in which at least 50% equity or share is continuously held by one or more Goans since its inception. A Goan is a person born in Goa, with domicile for 10+ years, or their spouse through a Goa-registered marriage.
Can I claim both general expenses and lease rental?
You can only avail benefits under one category at a time. You must choose either the general operating expenses reimbursement or the lease rental subsidy.
Is DPIIT recognition required for Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme, though having it can strengthen your application and unlock other benefits.
Who offers Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme?
Reimbursement of Expenses for Startups Operating from Leased/Privately Owned Premises Scheme is offered by Goa Startup Mission, a government body. It is provided as non-dilutive funding.