R&D Reimbursement Scheme
The R & D Reimbursement Scheme, under the Goa Start-up Policy 2025, supports local start-ups in Goa by reimbursing eligible Research and Development (R&D) expenses, including the salaries of eligible PhD and Master's degree holders employed by start-ups. Implemented by the Start-up Information Technology Promotion Cell (SITPC), the scheme aims to promote innovation and support the development of technology and products by local start-ups.
Benefits
-
50% reimbursement of eligible R&D expenses, including salaries of eligible PhD and Master's degree holders, for up to 2 years.
-
Reimbursement up to ₹5 lakh per annum, with the salary component capped at ₹2 lakh.
-
Number of beneficiaries: 100 start-ups per year(selected by SITPC).
-
Benefits are subject to approval by SITPC and are not an entitlement.
Eligibility
-
Applicant must be a SITPC-certified local start-up with a valid start-up certificate.
-
Applicable only to Goans and local start-ups.
-
Directors' and eligible employees' bank accounts must be linked with Aadhaar.
-
Eligible employees must hold a PhD, Master's degree, or equivalent from a Government-recognized institute.
-
Start-up must be in the R&D stage and developing technology/products specified in the Policy.
-
Start-up must have a working prototype of the technology/product.
-
Only digitally paid eligible expenditure incurred within the validity of the Goa Start-up Policy 2021 will be considered. Non-digital payments may be considered as per SITPC guidelines.
-
A Local Start-up must have at least 50% equity/shareholding held by one or more Goans since inception.
Required Documentation
Copy of Aadhaar card of the Director/CEO
Documents of eligible PhD employees
HR letter certifying employment conditions and work profile
Employment contract (minimum 12 months)
Salary slips of eligible employees
Bank statement/certificate showing debit of salary
Research proposal
Copy of research work
Original proof of R&D payment as per Cost and Accounting Standard 18
How to Apply?
Open the UDP portal and navigate to schemes tab.
Select R&D Reimbursement Scheme from the list of schemes.
Click on the Apply button.
You will be automatically redirected to the Goa Online Portal to submit your application.
Scheme
Details & Documents
| S.No. | Document Name | Document Type | Action |
| 1 | R&D Reimbursement Scheme | PDF File | Download |