R&D Reimbursement Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about R&D Reimbursement Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum funding I can receive from this scheme?
The total maximum reimbursement over two years is ₹10,00,000, with an annual cap of ₹5,00,000. Within that, the salary component cannot exceed ₹2,00,000 per year.
Is there an application deadline?
No, the scheme has a rolling (always open) application window. You can apply at any time.
Who is eligible to apply?
Local Goan startups (at least 50% equity held by Goans since inception) that are certified by SITPC, have a working prototype, and are working on R&D in areas covered by the Goa Startup Policy.
Does the scheme require DPIIT or MSME registration?
The provided facts do not mention DPIIT or MSME registration as a requirement. The scheme requires certification by the Startup IT Promotion Cell (SITPC).
Is this a grant or does it take equity?
This is a reimbursement scheme (subsidy), not equity-based. No equity is taken.
What documents are needed to apply?
You need: Aadhaar card of Director/CEO, documents of PhD salaried employees, HR letter certifying employment, employment contract (≥12 months), salary slips, bank statement showing salary debits, a detailed research proposal, copy of research work, and original proof of R&D payment per Accounting Standard 18.
How do I apply?
Submit your application online through the Goa Startup Mission portal at https://startup.goa.gov.in/StartupIncentives.
What expenses are reimbursed?
50% of R&D expenses, including salaries of PhD and Master's degree holders, for up to two years. Only digital payments made after the policy notification are eligible.
What defines a 'Goan' for this scheme?
A Goan is a person born in Goa, or one who has had domicile in Goa for 10+ years, or a spouse through marriage registered in Goa.
Can I include salaries of employees hired part-time?
The scheme requires employees to be hired for at least 12 months. There is no mention of part-time eligibility.
Who offers R&D Reimbursement Scheme?
R&D Reimbursement Scheme is offered by Goa Startup Mission, a government body. It is provided as non-dilutive funding.