Capital Investment Subsidy Scheme for Goan Diaspora
Department of Information Technology, Government of Goa · Central government
Goa's capital investment subsidy funds new and existing IT units with up to 20% (₹1 crore), plus extra for Diaspora-owned units and local jobs.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- ₹10,00,000 – ₹1,00,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The Capital Investment Subsidy Scheme for Goan Diaspora was introduced in 2018 by the Department of Information Technology, Government of Goa, under the Goa IT Policy. Its purpose is to make Goa a desirable base — both geographically and in terms of human resources — for IT Units, and to draw investment and expansion into the state.
Units that build or expand office space and meet the eligibility conditions receive a capital investment subsidy. The scheme gives weight to local employment and Goan diaspora ownership, and offers higher incentives to units satisfying specified criteria on local hiring and ownership. Disbursement is pro-rata, calculated on the share of employees of Goan origin or Goan Graduates.
The subsidy is meant to offset capital investments, leaving out land and building costs, and is subject to budgetary allocation so that funds are deployed strategically. By backing both new ventures and the growth of existing IT businesses, the scheme supports the development of an IT ecosystem in Goa, draws in talent and contributes to economic development.
Who can apply
- Eligible business forms
- Sole proprietorship, Private limited company, Partnership firm, Limited liability partnership
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Goa
- New or existing unit with operations in Goa. - Eligible entities: proprietorship firms, private or public limited companies, registered partnership firms, and limited liability partnerships. - Bank accounts of the unit and/or its partner(s)/director(s) must be linked to Aadhaar. - An IT company may claim the subsidy for a given office space only where the unit has operated from that space for more than one year. - The company or firm must be registered in Goa. - The company or firm's CEO/Head or majority stakeholder(s) must be Goan Diaspora. - A minimum of 15 employees must be hired, of whom at least 60% must be of Goan origin, and these employees must remain on the rolls of the company for a minimum of one year. - Units are evaluated at the close of each fiscal year to confirm continuing eligibility.
How to apply
1. Go to the Goa Online official web portal and select "Register" (https://goaonline.gov.in/Public/userRegistration_af). 2. Confirm your Email ID and Mobile Number through OTP verification, then move on to the Registration Page. 3. Complete every mandatory field on the registration form, set up your login credentials, go through the Declaration and Terms & Conditions and accept them, then select "Register/Signup". 4. Sign in to the website with the Login Name and Password you have just created. 5. Go to "Services", followed by "IT Services" (https://goaonline.gov.in/AllServices?cat=IT), and select the scheme name to open the application form. 6. Complete all mandatory fields and upload every document that is required. 7. Submit the application. A unique registration number will be issued for future reference. 8. Note: Applications may be made quarterly, bi-annually, or annually, once the relevant expenditure has been incurred.
How applications are assessed
Once an incentive application is received, it is examined against a set checklist; this scrutiny is to be finished within 30 days. The Empowered Committee then takes up the application for approval, with a target of completing this within 60 days of receipt. After approval, a Sanction Order is issued and the subsidy is disbursed, normally within 90 days of the application first being received. All benefits remain subject to budgetary allocation. Units are also evaluated at the close of every Fiscal Year to confirm they still meet the scheme's eligibility conditions.
Frequently asked questions
What is the primary objective of the Capital Investment Subsidy Scheme for Goan Diaspora?
Goa's IT Policy includes this scheme to draw IT Units' investment and expansion into the state, making use of its location and workforce, while supporting both new and existing IT businesses.
Which types of businesses are eligible to apply for this subsidy?
Any new or existing unit operating and registered in Goa may apply, including proprietorship firms, private limited companies, public limited companies, registered partnership firms, and limited liability partnerships.
What is the maximum subsidy an eligible unit can receive under this scheme?
The rebate ceiling depends on the size of the business unit: ₹10 lakh for Smaller Business Units, ₹50 lakh for Other Business Units, and ₹1 crore for Mega Business Units, over and above a general subsidy of up to 20% on capital investments.
Are there additional benefits for Goan Diaspora-owned units or units employing Goan talent?
Yes — units owned by the Goan Diaspora qualify for an extra 10% investment subsidy. Disbursement is pro-rata against the share of Goan employees, and units employing more than 60% Goan staff receive the full eligible incentive.
What are the key employee requirements for eligibility?
A company or firm must employ at least 15 people, of whom no fewer than 60% are of Goan origin, and those employees must have been on its rolls for at least one year before the application date.
How frequently can an applicant apply for the scheme?
Applications for this scheme may be submitted quarterly, half-yearly or annually, once the relevant expenditure has been incurred. The process is therefore tied to the applicant's investment cycle rather than to a fixed deadline.
Sectors
- Ai Saas Enterprise
- It Policy
- Goa
- Capital Subsidy
- Diaspora
- Local Employment
- Office Space
- Expansion
Details last verified on 18 September 2026. Source: the issuer's published information.