Interest Subsidy Scheme for Smaller Business Units
Department of Information Technology, Government of Goa · Central government
Goa's Department of Information Technology offers IT units in the state interest subsidy on working capital loans for up to 3 years.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹5,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
- Scheme duration
- 3 years
About this scheme
## Internet Subsidy Scheme, Goa
The Department of Information Technology, Government of Goa, introduced the Internet Subsidy Scheme in 2018 under its Information Technology Policy Schemes. The scheme is intended to help establish Goa as a preferred location for IT units.
Information Technology Units operating in Goa that meet the eligibility criteria can receive an internet subsidy under this scheme. Both new units and existing units planning to invest or expand their operations in Goa may apply.
Through this policy, the state sets out its aim of becoming a sought-after geographical and human resource base for IT units, supporting their growth and development.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Goa
- The unit must carry on operations within Goa. - Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms and Limited Liability Partnerships are all eligible to apply. - The bank accounts held by the unit and/or by its partner(s)/director(s) must be linked to Aadhaar.
How to apply
1. Go to the Goa Online official web portal and select "Register" to set up an account. 2. Authenticate your Email ID and Mobile Number through OTP, then complete the mandatory fields on the Registration Page, choose a Login Name and Password, accept the terms, and register. 3. Sign in to the website with your credentials. 4. Go to "Services" -> "IT Services" and pick the scheme name to open the application form. 5. Complete every mandatory field, upload the documents required, and submit the application. 6. Record the unique registration number that is generated, for future reference. 7. Applications may be submitted quarterly, bi-annually, or annually, after the relevant expenditure has been incurred.
How applications are assessed
Every application is checked against a fixed checklist to confirm that the eligibility conditions are satisfied and the required documents are in place. Those that clear this scrutiny are placed before an Empowered Committee, which gives the final approval. Once the committee sanctions the proposal, either a Regret Letter or a Sanction Order is issued, and the subsidy is then disbursed.
Frequently asked questions
What is the main benefit of this scheme?
The scheme offers an interest subsidy on working capital loans to qualifying Information Technology Units based in Goa.
What is the maximum subsidy I can receive?
The scheme caps your benefit at ₹5,00,000 in a year.
For how long is the subsidy provided?
The interest subsidy runs for three years.
Who is eligible to apply for this scheme?
In Goa, both new and existing IT units can apply if they are registered as proprietorships, private or public limited companies, registered partnership firms, or limited liability partnerships, and hold an Aadhaar-linked bank account.
How often can I claim the incentive?
You may claim this incentive once per fiscal year, for up to 3 years, once the related expenditure has been incurred.
Sectors
- Ai Saas Enterprise
- Interest Subsidy
- Working Capital
- It Policy
- Goa Startups
- Goa Businesses
- Financial Assistance
Details last verified on 18 September 2026. Source: the issuer's published information.