Description

Provides periodic financial incentives to IT units in Goa to support expansion and reward performance metrics like annual growth and local hiring.

Benefits (Every 3 years)

• Smaller Business Units: ₹ 50,00,000.
• Other Business Units: ₹ 1,00,00,000.
• Mega Business Units: ₹ 2,00,00,000.

Eligibility Criteria

• Must operate in Goa.
• Annual Growth: >= 20% over 3 years.
• Employee Head Count (Goans/Goan Graduates): >= 75%.
• Female Employees: >= 60%.
• 100% Goan employees must have professional certification.
• Must have at least one quality certification.

Application Process

Online

• Register on Goa Online portal and apply under IT Services.
• Disbursement scrutinized within 30 days and approved within 60 days.

Documents Required

• Incorporation and Registration documents.
• IT Returns and Auditor verification of income/growth.
• Employee details (Goan origin and gender stats).
• Employee and Quality certifications.
• Udyog Aadhaar.