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Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

How much money does this scheme actually reimburse?

For the first six months of operation the unit gets 100% of its lease rentals back. From then on, the reimbursement is whichever is lower between ₹35 per sq. ft. and 80% of the total lease rentals, and this continues for a maximum of two years. The final figure also depends on the share of Goan employees on the payroll, so the amount varies from unit to unit.

Is there a last date to apply?

No. Applications run on a rolling, always-open basis. You can submit a claim quarterly, twice a year, or annually — each time after you have incurred the relevant expenditure.

Which types of businesses are eligible?

Proprietorship firms, private limited companies, public limited companies, registered partnership firms and limited liability partnerships can all apply. On top of the entity type, the business must be registered in Goa, must have operations there, and must have been operational for at least one year before the application date.

What are the Goan Diaspora and hiring conditions?

The company's CEO or Head, or its majority stakeholder(s), must belong to the Goan Diaspora. On the staffing side, the unit must employ a minimum of 15 people, at least 60% of whom are of Goan origin, and those employees must remain on the company's rolls for at least one year.

Does the scheme take equity in my company?

No. This is a subsidy paid as a reimbursement of lease rental, so it is non-dilutive — no shares or ownership stake change hands. You first pay the rent and then claim the applicable share back.

Do I need DPIIT recognition or MSME registration to apply?

Going by the eligibility conditions as published, DPIIT recognition and MSME registration are not listed among the requirements. The conditions centre instead on registration in Goa, the eligible entity type, Aadhaar-linked bank accounts, Goan Diaspora leadership and the minimum payroll thresholds.

Can I claim for the office space I currently occupy?

Yes, but only if the unit has operated from that particular space for more than one year. This is separate from the overall requirement that the business itself has been operational for at least a year.

How do I submit an application?

Everything is handled online through the Goa Online portal. Register with your email ID and mobile number, verifying both through OTP. Complete the registration by filling in the mandatory fields, choosing a login name and password, accepting the declaration and terms, entering the captcha and signing up. Log in, open 'Services' in the top ribbon, go to 'IT Services' and pick this scheme. Fill in the application form, upload the required documents, and submit — a unique registration number will be generated, so note it down for future reference.

How long does approval take once I apply?

Three deadlines apply, all counted from the date your application is received. Scrutiny against the predefined checklist happens within 30 days. Approval by the Empowered Committee is decided within 60 days. Sanction Orders and disbursement for successful applicants — or a Regret Letter for unsuccessful ones — are issued within 90 days.

What does my bank account have to look like?

The bank accounts of the unit, and/or of its partners or directors, need to be linked to Aadhaar. This is a stated eligibility condition, so it is worth sorting out before you file your first claim.

Who is eligible to apply for Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy?

Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy is open to startups at any stage. It is open to startups registered anywhere in India.

Who offers Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy?

Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy is offered by Department of Information Technology, Government of Goa, a government body. It is provided as non-dilutive funding.

How do I apply for Lease Rental Rebate Scheme for Goan Diaspora — Up to 100% Lease Subsidy?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

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