SESIP

Scheme to Encourage Students for Innovative Projects

The scheme aims to encourage students in the State of Goa who have technological innovative ideas, which they want to translate into a working prototype, by providing financial assistance. It offers financial support of up to ₹50,000/- to eligible students for innovative academic projects.

State Cash

States / UT: Puducherry

Nodal department: Science, Technology and Environment Department, Puducherry

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Skills & Employment, Business & Entrepreneurship

Sub-categories: Entrepreneurship development, Training and Skill Up-gradation, Exhibitions/Trade fairs/Buyer-seller meet, market development

Target beneficiaries: Individual, Business Entity

Tags: Student, Innovation, Technology, Project, Prototype

Details

The scheme "Scheme to Encourage Students for Innovative Projects" was framed by the Department of Science and Technology and Waste Management (DS&T&WM), Government of Goa. The scheme aims to transform innovative student ideas into scalable projects that drive rapid economic growth, increased productivity, and social transformation. The scheme provides financial support of up to ₹50,000/- to deserving students on a need-cum-merit basis for prototyping their technology-based innovative project ideas. The scheme is implemented through the Goa State Innovation Council (GSInC). The applications for this scheme are accepted online.

Benefits

  • - Financial support of up to ₹50,000/-
  • A maximum of 10 projects will be supported through this scheme each financial year
  • The financial assistance shall be permitted to be utilized only for student academic projects
  • The funds should be used only for the purpose for which they are released. Disbursement
  • The financial assistance shall be disbursed as a single installment
  • The amount shall be deposited directly in the beneficiary institute’s bank account
  • Disbursement occurs upon submission of the pre-receipt for the said amount by the institution, to the Director, Department of Science and Technology and Waste Management (DS&T&WM). Conditions
  • The entire amount of the financial assistance approved and released should be utilized before March 31st in the subsequent financial year
  • Copies of bills/invoices generated after purchasing materials and tools for building the project must be maintained and submitted to the Goa State Innovation Council (GSInC)
  • Financial support of up to ₹50,000/-.
  • A maximum of 10 projects will be supported through this scheme each financial year.
  • The financial assistance shall be permitted to be utilized only for student academic projects.
  • The funds should be used only for the purpose for which they are released.
Disbursement
  • The financial assistance shall be disbursed as a single installment.
  • The amount shall be deposited directly in the beneficiary institute’s bank account.
  • Disbursement occurs upon submission of the pre-receipt for the said amount by the institution, to the Director, Department of Science and Technology and Waste Management (DS&T&WM).
Conditions
  • The entire amount of the financial assistance approved and released should be utilized before March 31st in the subsequent financial year.
  • Copies of bills/invoices generated after purchasing materials and tools for building the project must be maintained and submitted to the Goa State Innovation Council (GSInC).

Eligibility

  • The applicant must be a student from an Educational Institute in Goa.

  • The applicant must be one of the following - 

     (a) A final year student or a group of students working on a college project.
 (b) A High School or Higher Secondary School student working on a school project participating either in State or National level competitions.

  • The applicant must be working on a hardware or software-based Product/Process Innovation.

  • The applicant must be registered under the Virtual Innovation Register (VIR) as a New Idea.

  • The applicant must not already have received financial support under this scheme.

  • The proposed innovative idea/ project in the form of a product/solution must be associated either with Academics, Industry or the Government.

  • The proposals should preferably be in the following focus sectors: Green technology, Clean energy, Industrially utilizable smart materials, Waste to Wealth, Affordable Healthcare, Water & Sewage Management, Renewable Energy sources, Electric Vehicles, Smart Cities, Agri-tech, Meditech, Health care tech, and Digital media, Information Technology Enabled Services (ITES).


Exclusions


Application Process

Online

Steps for New Registration

Step 1: Visit the Official Portal. At the right pane of the landing page, click "Register".
Step 2: On the registration page, fill in all mandatory fields. Create a Password (confirm the password by typing again). Fill in the Captcha Code, and click "Register".
Step 3: A confirmation pop-up will display. Upon successful registration, the User ID and Password will be sent to your registered mobile number via SMS. If an email address has been provided, the credentials will also be sent via email.

Steps for Scheme Application

Step 1: Visit the Official Portal. At the right pane of the landing page, click "Login".
Step 2: After logging in and completing the profile, the system displays schemes relevant to the user on the homepage. Click on the name of the scheme that you intend to apply for. You will be redirected to the online application form of the scheme. The application form may be divided into multiple tabs.
Step 3: In the form, fill in all the mandatory fields and upload all the mandatory documents in the specified format and size.
Step 4: Carefully review all the information provided and the documents uploaded. Make any necessary corrections. Click the "Submit" button to submit your application. You'll receive a confirmation message.

Post-Application Processes

Step 1: Selection Committee Scrutiny

  • The proposal will be scrutinized, examined, and approved by the Selection Committee, which consists of three Members appointed by the Chairman of the Goa State Innovation Council.
  • The Selection Committee shall hold periodic meetings for the assessment and selection of innovative student projects.

Step 2: Receiving Decision Intimation

  • The intimation of the Committee's decision regarding the selection of the project shall be sent to the applicants via email.
  • This notification is scheduled to be sent within 14 working days from the date of the Selection Committee meeting or decision.

Step 3: Financial Assistance Release Process

  • Following selection, the Goa State Innovation Council (GSInC) should forward the decision of the Selection Committee, duly approved by the Chairman, to the Department of Science and Technology and Waste Management (DS&T&WM).
  • This action initiates the further process required to release the financial assistance to the selected applicants or beneficiaries.
Disbursement to Institution
  • The financial assistance, which is disbursed as a single installment, will be deposited in the beneficiary institute’s bank account.
  • This requires the institution to submit a pre-receipt for the sanctioned amount to the Director, Department of Science and Technology and Waste Management (DS&T&WM).

Clarifications

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

How often is the total financial grant provided, and is it received as a lump sum amount or in multiple phases?
The financial assistance approved under this scheme shall be disbursed to the concerned institute as a single installment. <br>
If my current proposal is successful and I receive funding, will I be allowed to apply for or receive support under this program again in the future?
No, an applicant or group of students is only eligible for this specific financial support once throughout the scheme&#39;s duration. <br>
What specific criteria must a High School or Higher Secondary School student meet concerning their project participation to be considered eligible for funding?
The High School or Higher Secondary School student must be working on a school project that is currently participating in either State level or National level competitions. <br>
What is the maximum possible amount of financial support that a successful individual applicant or a group of applicants can expect to receive for their prototype development?
Applicants are eligible to receive financial assistance covering the cost of their project up to a maximum amount of ₹50,000/-. <br>
Are there any limitations placed on the utilization of the sanctioned funds, or can they be used for any general educational expense?
The financial assistance released must be utilized strictly and exclusively for the purpose of the student academic projects. <br>
How many innovative student projects are ultimately selected and provided with financial assistance under the provisions of the scheme annually?
A maximum of 10 student projects in total will receive financial support through this scheme each financial year, subject to budget provision. <br>
Does the student applicant need to be enrolled in an educational institution that is specifically located within the physical boundaries of the State of Goa?
Yes, the scheme requires that all students applying for the financial assistance must be currently attending an Educational Institute located within the State of Goa. <br>
When submitting a proposal for financial assistance, must the innovative project necessarily involve the development of either hardware or software?
The project must clearly demonstrate that it is a Product or Process Innovation based on either a hardware or a software component. <br>
Before submitting my application for this assistance, is there a mandatory external registration process that I need to complete beforehand?
Yes, it is mandatory that the applicant must first be registered under the Virtual Innovation Register (VIR) as a New Idea to claim benefits under the scheme. <br>
If the innovative idea I am proposing is linked to either the Industry or the Government, is there an additional formal document required upon application?
Yes, you are required to submit a Letter of Intent (LOI) if the proposed innovative idea or project is associated with the Industry or the Government. <br>
Does this opportunity extend to all enrolled college students, or is eligibility restricted only to those currently in their final year of study?
The applicant must be either a final year student or a group of students collaboratively working on a specific college project. <br>
Are there any preferred thematic areas or specific focus sectors in which the innovative project proposals are especially encouraged for submission?
Proposals are preferably encouraged in focus sectors such as Green technology, Clean energy, Waste to Wealth, Affordable Healthcare, and Information Technology Enabled Services (ITES). <br>
Is it a mandatory requirement that the final product or solution stemming from the innovative idea must be associated with specific sectors?
Yes, the proposed innovative idea or project in the form of a product or solution must be associated either with Academics, Industry, or the Government. <br>
Where exactly will the approved financial assistance amount be deposited once the selection and approval process has been completed?
The sanctioned amount of financial assistance will be deposited directly into the bank account of the beneficiary institute where the student is studying. <br>

References

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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