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About Goa Startup Policy
The Goa Startup Policy 2017 was unveiled by the Government of Goa in September 2017 to provide State support to entrepreneurs and promote innovation.
The policy aims to make Goa one of the most preferred startup destinations in Asia, bringing world-class technologies and companies to the State, and generating employment. The Department of Information Technology has been designated as the Nodal Department, with a Startup Promotion Cell (SPC) constituted to implement the policy initiatives.
Key Objectives
- Make Goa one of the most preferred startup destinations in Asia
- Bring world-class technologies and companies to the State
- Generate employment opportunities
- Create at least 100 successful startups in 5 years
- Develop a world-class startup ecosystem
Available Incentives
- Interest subsidies on loans
- Reimbursement of internet/electricity expenses
- Lease rental subsidies
- One-time grant for first 100 startups
- Reimbursement of patent filing costs
- Skill development subsidies
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