Description

This scheme provided financial support to Goan industries to establish goods in the export market through participation in international shows and market studies. The scheme was in force until 31st March 2011.

Benefits

• Interest-free loan up to ₹5,00,000 for exhibitions outside India.
• Interest-free loan up to ₹5,00,000 for market study tours abroad.
• Loan repayable over five years in equal half-yearly installments.
• Delay in payment carries 14% interest per annum.

Eligibility

• Units set up in Goa with permanent registration or EM II.
• Operating for at least three years.
• Must have an Import/Export code from RBI/competent authority.
• Annual turnover for last 3 years must not exceed ₹10,00,00,000.
• Facility available only once in a unit’s lifetime.

Application Process

Offline
Step 1: Obtain proforma from Directorate of Industries, Trade and Commerce.
Step 2: Submit filled form with passport photo and documents at least 30 days prior to the tour/exhibition.
Step 3: A detailed report must be submitted within 30 days of returning.

Documents Required

• Permanent Registration Certificate copy.
• Import/Export Goods Certificate.
• CA certified Financial Statements for 3 preceding years.
• Collateral Security and Post Dated Cheques for repayment.