Interest Subsidy Scheme for Smaller Business Units

The Department of Information Technology, Government of Goa, introduced the Internet Subsidy Scheme in 2018 under its Information Technology Policy Schemes. The initiative is designed to make Goa a preferred destination for IT units by offering a subsidy on internet expenses to eligible units operating within the state. Both new and existing IT units that intend to invest or expand their operations in Goa can apply.

The scheme reflects the state’s objective of building a strong geographical and human resource base for the IT sector, supporting the growth and development of these units.

- Begin by visiting the Goa Online official web portal and select "Register" to establish an account. - Confirm your email address and mobile number through OTP verification. Complete the required fields on the registration page, set a login name and password, accept the terms and conditions, and finalise your registration. - Sign in to the portal using your chosen credentials. - Go to "Services," then "IT Services," and pick the relevant scheme to open the application form. - Complete every mandatory field, attach the necessary documents, and submit your application. - Record the unique registration number generated, as you will need it later. - You may submit applications on a quarterly, bi-annual, or annual schedule, provided the corresponding expenditure has already been incurred.

Applications are checked against a predefined checklist to confirm that every eligibility criterion and document requirement is satisfied. Those that pass this stage are forwarded to an Empowered Committee, which grants the final approval.

Once the committee sanctions an application, the applicant receives either a Regret Letter or a Sanction Order. If sanctioned, the subsidy is then disbursed.