R&D Reimbursement Scheme

The R&D Reimbursement Scheme, framed under the Goa Start-up Policy 2021, supports innovation by reimbursing research and development costs incurred by eligible startups. Covered expenses include the salaries of PhD and Master’s degree holders employed by the enterprise.

Eligibility is restricted to local startups, defined as those in which at least 50% of equity or shares have been held continuously since inception by one or more persons of Goan origin.

Applicants are required to file their application through the specified link. The following documents must be submitted: Aadhaar card copy of the Director or CEO; records pertaining to salaried PhD staff; an HR letter confirming the employment agreement and job description; the employment contract, which must be for a minimum of 12 months; salary slips; a bank certificate or statement reflecting salary disbursements; a comprehensive research proposal; a copy of the research output; and original evidence of R&D expenditure in line with Cost and Accounting Standard 18. Only expenses incurred after the notification of the Goa Start-up Policy 2021, during its period of validity, and settled through digital means will be taken into account.

The Startup IT Promotion Cell (SITPC) holds the exclusive authority to approve or decline applications, and receipt of benefits is not a guaranteed right. Proposals for research and development costs must comply with Accounting Standard 18. Where digital payment methods are unavailable, the SITPC will determine the outcome after conducting its own due diligence.