Reimbursement of Expenses for Startups Operating from Leased/ Privately Owned Premises Scheme

For startups operating from privately owned or rented premises, the cost towards internet connectivity, software license fees, and cloud services fee, will be reimbursed subject to an upper limit of INR 1 lakh per quarter for a period of one year. This benefit can be availed by 20 startups each year. For local startups operating out of rented premises, a lease rental subsidy of up to INR 20 per square foot per month will be reimbursed quarterly for up to two years, subject to a cap of INR 3 lakh per annum. This incentive can be availed by 25 startups each year. A startup can only avail one of these benefits at any given time. Requires SITPC certification, Aadhaar-linked director bank accounts, and digital payments. Local startup means at least 50% equity/share is held by one or more Goans continuously since inception.