MSSFSBU

Market Support Scheme for Smaller Business Units

The objective of the "Market Support Scheme for Smaller Business Units" is to provide Market Support to the eligible IT Units in Goa. A reimbursement of 50% of the exhibition rental cost will be provided for participating in national/ international exhibitions, limited to 9 square meter of space.

State Cash

States / UT: Goa

Nodal department: Information and Publicity Department

Scheme for: Infra

Scheme profile

DBT (direct benefit transfer): No

Categories: Business & Entrepreneurship

Sub-categories: Exhibitions/Trade fairs/Buyer-seller meet, market development

Target beneficiaries: Business Entity

Tags: Market, Business, Reimbursement, Company, Exhibition

Details

Launched in 2018, the "Market Support Scheme for Smaller Business Units" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Market Support to the eligible Information Technology Units in the State of Goa. A reimbursement of 50% of the exhibition rental cost for will be provided for participating in national/ international exhibitions, limited to 9 square meters of space. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.

Benefits

  • - A reimbursement of 50% of the exhibition rental cost for will be provided for participating in national/ international exhibitions, limited to 9 square meters of space, subject to approval by the Government. NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded. NOTE 2: Pre-approval from the Committee is required prior to attending an exhibition in order to claim a reimbursement
  • A reimbursement of 50% of the exhibition rental cost for will be provided for participating in national/ international exhibitions, limited to 9 square meters of space, subject to approval by the Government.

NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
NOTE 2: Pre-approval from the Committee is required prior to attending an exhibition in order to claim a reimbursement.

Eligibility

  1. All the new and existing units must have their operations in Goa.
  2. The applicant must be one of the below:
  • Proprietorship Firm
  • Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
  • Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
  • Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
  • Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
  1. The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
  2. Pre-approval from the Committee is required prior to attending an exhibition in order to claim a reimbursement.

Exclusions

The units availing similar financial incentives under any other policy of the Government of Goa are not eligible for availing benefits under this scheme.

Application Process

Online

Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
NOTE 1: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
NOTE 2: Application should be submitted 60 days prior to attending an exhibition. Decision regarding pre-approval will be issued within 30 working days.

Disbursement Timeline

  • Incentive Application Receipt: D
  • Application scrutiny as per checklist: D+30days
  • Application approval by the Empowered Committee: D+60 days
  • Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days

Clarifications

Additional points from the scheme information published on myScheme (not legal advice).

What is the recommended timeframe for submitting an application to attend an exhibition, and how long does it typically take to receive pre-approval from the Committee?
Applications should be submitted 60 days prior to attending an exhibition. Pre-approval decisions are usually issued within 30 working days.
Could you elaborate on the necessity of obtaining pre-approval from the Committee before participating in an exhibition, especially concerning the reimbursement process?
Pre-approval from the Committee is mandatory to claim reimbursement for attending an exhibition. It ensures that the participation aligns with the guidelines set forth by the Government.
Regarding the reimbursement for exhibition rental costs, could you provide more details on the criteria for eligibility, such as the percentage reimbursed, the exhibition space limit, and the approval process?
Reimbursement covers 50% of the exhibition rental cost for participation in national/international exhibitions, limited to 9 square meters of space. Approval from the Government is required for eligibility.
What specific documents are required to accompany an application for approval, and how should they demonstrate the rental charges associated with the exhibition?
The required documents include brochures and information material displaying rental charges for the exhibition, a certificate of participation, and proof of payment of rental charges.
In the context of seeking reimbursement, is there any flexibility in the documentation process, or are the listed documents (brochures, certificate of participation, proof of payment) mandatory for all cases?
The listed documents (brochures, certificate of participation, proof of payment) are mandatory for seeking reimbursement. They provide a comprehensive overview of the exhibition and validate the associated costs.
Where Can I Find The Link To The Scheme Guidelines?
You can access the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the following web address: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf
Where Can I Find The Link To The Official Gazette?
You can obtain the Official Gazette by visiting this specific webpage: https://ditc.goa.gov.in/sites/default/files/Target-Schemes.pdf
Where Can I Find The Link To The User Manual for Business Entity?
You can obtain the Official Gazette by visiting this specific webpage: https://services.goaonline.gov.in/Downloads/Organization/BusinessProfile_UserManual.pdf
How can I track the status of application?
Please visit https://goaonline.gov.in/StatusTrack to know the status of your application.
When was the scheme launched and by which department?
The scheme was launched in 2018 by the Department of Information Technology, Government of Goa.
What are the objectives of the Information Technology Policy of Goa?
Goa's IT Policy envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Is it mandatory for the applicant units, both new and existing, to have their operations in Goa?
Yes, in order to be eligible to apply for this scheme, the New and Existing Units must have their operations in Goa.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status