The applicant may be prohibited from availing of benefits under this scheme and other schemes under the Goa Startup Policy 2017.

Start-ups must provide a copy of their research work and proof of payment as per Cost and Accounting Standard 18.

Only expenses incurred after the notification of Goa Start-up Policy 2017, within its validity, and paid digitally will be considered.

The SPC is the competent authority to accept or reject any claims filed by start-ups, and its decision is final and binding.

Approved amounts are disbursed within 60 days from the date of approval.

The SPC aims to notify approval or rejection within 45 days from the receipt of the application.

Start-ups can avail of the benefits bi-annually or annually.

Start-ups can apply for this scheme at any time during the financial year, but only within 6 months of incurring the relevant expenditure.

Yes, preference is given to start-ups that have applied for or obtained patents for their technology/products.

Eligible expenses are determined based on Accounting Standard 181 on Research and Development by the Institute of Cost Accountants of India.

Yes, start-ups must be working on technology/products in domains specified in the Policy.

No, the benefits are not guaranteed; the Start-up Promotion Cell (SPC) has the right to accept or reject applications.

A maximum of 100 start-ups can avail of this benefit each year.

The maximum annual cap for reimbursement is INR 5 lakh per annum, with a salary component cap of INR 2 lakh.