The Goa State Incentives to Encourage Investments Scheme
The scheme aims to create sustainable employment, accelerate investment, and support environmentally sustainable industrial development in Goa. It provides financial assistance and incentives under separate target schemes to new and existing Micro, Small, Medium, and Large manufacturing units.
About This Scheme
Benefits
##### Financial Assistance for New/Non-Availing Units
The maximum cumulative Financial benefit under schemes to all industries shall be 50% of the Cumulative Capital investment at original value in the unit.
This is increased to 70% of the Cumulative Capital investment at original value in the unit in case of lesser developed talukas.
##### Financial Assistance for Substantial Expansion
For units defined under [clause (c) iv of eligibility criteria](https://www.goa.gov.in/wp-content/uploads/2019/10/umbrella-amendment.pdf) (Substantial Expansion) in the scheme guidelines, the benefit is 50% of the Substantial Expansion investment.- This is increased to 70% of the Substantial Expansion investment in case of lesser developed talukas.
##### Additional Benefit for Specific Entrepreneurs
A maximum of 10% additional benefit is provided to all women and Scheduled Caste (SC)/Scheduled Tribe (ST) entrepreneurs.
Eligibility
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Required Documents
- ✦A Copy Of Permanent Registration Certificate Or Entrepreneur Memorandum-Part II Or Udyog Aadhaar Memorandum.
- ✦Pollution Certificate From Goa State Pollution Control Board.
- ✦Copy Of Aadhaar Card.
- ✦Proof Of Stake Holding Of Scheduled Caste, Scheduled Tribe, Or Woman Partner/Promoter (In Case Of Seeking Additional Benefit Under These Categories).
- ✦Self Attested Copy Of Scheduled Caste/Scheduled Tribe Certificate Issued By The Competent Authority (If Applicable).
- ✦Chartered Accountant Certificate To Support Cumulative Capital Investment, Previous Benefits Availed, And Details Of Substantial Expansion.
- ✦Chartered Accountant Certificate Certifying The Cumulative Capital Investment At Original Value And Expansion (For The Purpose Of Verifying Substantial Expansion).
- ✦Self-Attested Copies Of All Relevant Documents (For The Purpose Of Verifying Substantial Expansion).
- ✦Chartered Accountant Certificate Certifying The Investment As Per Balance Sheet (If There Is Difficulty In Submitting Documents Supporting Partial Or Total Investments For Calculating Cumulative Capital Investment At Original Value).
- ✦Affidavit Cum Self-Declaration In The Format Appended To The Respective Target Scheme.
✦ Required ◦ Optional
How to Apply
The applicant must first register under the Umbrella Scheme using the common application form appended to the scheme as Schedule ‘E’ . This form requires detailed unit information, including registration details such as the Permanent Registration Certificate, Entrepreneurs Memorandum–II, or Udyog Aadhaar Memorandum number and date. It also requires details regarding the Cumulative Capital Investment and information about the proprietor or promoter, including their Aadhaar Number and whether they
Quick Info
- Level
- Central Government