Performance Linked Grant Scheme for Smaller Business Units
By Department of Information Technology, Government of Goa
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Quick Answer
Performance-linked grant of up to ₹25 lakh from the Department of Information Technology, Government of Goa, for eligible IT units operating in Goa.
About this grant
IT units in Goa can get a performance grant equal to 5% of reported net income, capped at ₹25,00,000. The "Performance Linked Grant Scheme for Smaller Business Units" was launched in 2018 under the Information Technology Policy of the Department of Information Technology, Government of Goa.
The applicant must be a Smaller Business Unit with operations in Goa. Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms and Limited Liability Partnerships are eligible. Bank accounts of the unit and its partners/directors must be linked to Aadhaar. The applicant must show record growth of 15% year-on-year turnover for any three consecutive years during the policy's operation.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The Government of Goa's information technology department runs a family of incentive schemes for IT and ITES businesses that operate in the state. The schemes cover hiring freshers, office space and rent, power and internet bills, capital investment, patents, quality…
Learn moreBenefits & Funding
- Amount
- Up to ₹25L
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
This scheme offers a performance grant of 5% of the reported net income, with a total cap of ₹25,00,000. The grant aims to support eligible Information Technology Units in Goa, rewarding their growth and contribution to the state's IT ecosystem. This direct financial injection helps businesses expand operations, invest in new technologies, and enhance their market presence within the state.
- Disbursement
- Milestone Based
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications undergo a scrutiny process according to a defined checklist, typically within 30 days of receipt. Following this, the application is presented to an Empowered Committee for approval, which usually occurs within 60 days of the initial application date. Successful applicants will receive a sanction order, and the disbursement process is initiated within 90 days from the application receipt date. Unsuccessful applicants will receive a regret letter.
Application Process
- 1
Register
Register and verify your account on the Goa Online portal.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the objective of the Performance Linked Grant Scheme for Smaller Business Units?
The scheme aims to provide a Performance Linked Grant to eligible Information Technology Units in the State of Goa, encouraging investment and expansion as part of Goa's IT Policy.
What is the maximum grant amount available under this scheme?
The scheme provides a performance grant of 5% of the reported net income, subject to a total cap of ₹25,00,000.
Which types of business units are eligible to apply?
Eligible applicants include Proprietorship Firms, Private Limited Companies, Public Limited Companies, Registered Partnership Firms, and Limited Liability Partnerships, all operating in Goa as Smaller Business Units.
Is there a growth requirement for applicants?
Yes, applicants must have a record growth of 15% year-on-year turnover for any three consecutive years during the operation of the policy.
How frequently can one apply for this scheme?
Applicants can apply for this scheme on a quarterly, bi-annually, or annual basis after incurring the relevant expenditure.
What is the typical disbursement timeline after application?
After application receipt, scrutiny takes about 30 days, approval by the Empowered Committee takes 60 days, and sanction orders and disbursement are typically issued by D+90 days.
