The SPC may request applicants to participate in research related to entrepreneurship, start-ups, or other areas relevant to their initiatives. The details of such research would be provided separately.

The applicant's logo can be used by the SPC for promotional or informational purposes related to the scheme or other initiatives. The specific use cases may vary.

If an applicant is found guilty of misrepresentation or fraudulent activity, they may be prohibited from availing the benefits of this scheme and other schemes under the Goa Startup Policy 2017.

The format for documenting the journey to the MVP and user feedback may not be specified, but it should provide a clear and comprehensive account of the process and feedback received.

"Prototyping methodology" refers to the approach or process used to create a prototype of the product. It outlines the steps and methods for developing a working model.

"Indicative expenditure" refers to an estimate of the expected costs involved in developing the Minimum Viable Product (MVP). It helps startups plan their budget.

A Minimum Viable Product (MVP) is a basic version of a product with enough features to attract early users and gather feedback. It helps startups test their ideas with minimal investment.

Yes, applicants need to provide declarations and consents, including consent to abide by SPC decisions, consent for logo use, and consent for research participation.

The indicative expenditure includes a breakdown of material/items, their quantities, and unit costs in rupees, resulting in a total cost.

To obtain further benefits, the applicant must document the journey to the Minimum Viable Product (MVP), user feedback, obstacles faced, and means to overcome them. This documentation should be submitted to the SPC within 5 months from availing the incentive.

The SPC will evaluate and notify the approval or rejection of applications within 45 days from the receipt of the application. If approved, the amount will be disbursed within 60 days from the date of approval.

Yes, applicants can apply for this scheme at any time during the financial year.