All educational institutes in Goa, affiliated to a recognized public university, are eligible to avail the one-time grant.

Educational institutes can receive a one-time grant of up to INR 10 lakh for capital expenses.

Yes, institutes with existing incubation facilities can apply for the grant to expand their incubation facilities.

Yes, a maximum of 15 institutes can avail this benefit in a year.

No, institutes cannot restrict the use of incubation facilities only to their students.

Institutes with existing incubation facilities can receive a grant of up to INR 3 lakh per year for a period of three years towards operational expenses.

Preference will be given to well-performing applicants for operational expenses.

No, the benefits under this scheme should not be considered an entitlement. The Start-up Promotion Cell (SPC) has the sole right to accept or reject applications.

The bank account of the Principal/Director of the institute should be linked to Aadhaar.

Eligible expenses towards capital expenses are determined using Accounting Standard 102 for Fixed Assets by the Institute of Cost Accountants of India.

Educational institutes need to submit the application form and requisite documents to the SPC. The SPC will evaluate and approve or reject the claims within 45 days, and the approved amount will be disbursed within 60 days from the date of approval.

Yes, only educational institutes applying within the first 3 years of the policy period will be considered for a one-time grant.