- Details
- Benefits
- Eligibility
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
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Goa
Share Capital to Local Entrepreneurs and Self Employed Scheme, 2008
Details
Benefits
- Capital Contribution
- ₹2,00,000/- per individual, covering 50% of the total project cost.
- ₹3,00,000/- per individual for those with professional qualifications, provided the business activity was linked to their qualifications.
- ₹10,00,000/- maximum for groups, with no restriction on the number of members.
- Disbursement of capital contribution was made upon approval of the application by the Task Force Committee.
- The last date for disbursement was 31st January for claims filed between January and June, and 31st July for claims filed between July and December.
Eligibility
- The applicant could be Individuals or groups of individuals could apply. Individuals born and resident in Goa for 15 years were given preference.
- The applicant had to be below 40 years of age. For women, disabled persons, Scheduled Castes, Scheduled Tribes, and Other Backward Classes, the age limit was relaxed by 5 years.
- The applicant had to have passed at least the 8th standard. This requirement could be relaxed in deserving cases by the Director of Industries, Trade and Commerce.
- The income of the applicant along with their spouse should not exceed ₹80,000/- per annum.
- The applicants who had availed more than 15% subsidy under any other scheme were not eligible.
- The applicants who were covered under the Kamdhenu Scheme (except for dairy/dhilling units) were not eligible.
- Priority was given to women entrepreneurs, self-help groups of women, and disabled persons.
- 30% of the budgeted outlay was reserved for women entrepreneurs.
Application Process
Post Application Processes
Appeal Process
Documents Required
- Proof of Residence
- Educational Certificate
- Income Certificate
- Proof of Age
- Training Certificates (if applicable, for professional qualifications)
- House Tax Receipt or Form I/XIV (as proof of property for guarantor)
- Caste Certificate (if applicable, for age relaxation)
- Disability Certificate (if applicable, for age relaxation)
Frequently Asked Questions
What was the maximum financial support provided to an individual under the scheme?
Could groups apply for financial support under the scheme, and what was the maximum amount?
What was the repayment period for the capital contribution, and was there a moratorium?
Was there any insurance cover provided under the scheme, and what were the conditions?
What were the last dates for disbursement of claims filed between January and June?
What were the last dates for disbursement of claims filed between July and December?
Was there any preference given to applicants based on their residency in Goa?
What was the age limit for applicants under the scheme?
What was the minimum educational qualification required to apply for the scheme?
What was the income limit for applicants to be eligible under the scheme?
Were applicants who had availed more than 15% subsidy under other schemes eligible?
Was priority given to any specific group of applicants under the scheme?
What percentage of the budgeted outlay was reserved for women entrepreneurs?
News and Updates
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Check Eligibility
Goa
Share Capital to Local Entrepreneurs and Self Employed Scheme, 2008
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News and Updates
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