Up to 3 projects that show immense promise and potential, as recommended by the Startup Promotion Cell, will be eligible for a grant of 30% of the loan interest amount, for the purpose of repayment of the interest component of a loan availed, up to ₹ 5,00,000 per annum, for an initial period of two years only.
Other Startups shall be eligible for an interest repayment grant of 10% of the interest amount of a loan availed, up to ₹ 2,00,000 per year, for a period of two years. This benefit can be availed by 40 start-ups each year which the SPC shall select as per its guidelines.
This amount will be in addition to any other interest subsidy or loan provided under Chief Minister Rojgar Yojana (CMRY).
**NOTE:** Under no circumstance shall the benefits under this scheme be considered an entitlement. The SPC shall reserve the sole right to accept or reject applications.
Eligibility (who can apply)
All the Start-ups certified by the Start-up Promotion Cell (SPC) having a valid start-up certificate number are eligible to apply for this scheme.
**NOTE:** Only expenditures incurred after notification of Goa Start-up Policy 2017 within the validity of this policy and paid for digitally would be considered for reimbursements under this scheme. In case digital payments are not possible then it shall be up to the decision of SPC as per its due diligence to admit the expenditure.
How to Apply
**Online**
**Step 1:** Visit the [Official Website](https://goaonline.gov.in/public/startuplogin?) of Goa Startup Mission.
**Step 2:** Verify your Email ID and Mobile Number using OTP.
You will be redirected to the Registration Page.
**Step 3:** On the [Registration/Signup Page](https://goaonline.gov.in/Public/stpRegistration_af), fill in all the mandatory fields of the registration form (Country, Name, Date of Birth, Address, PIN Code, Gender, etc.).
**Step 4:** Create a Login Name and a strong Password (Password can have special characters like @ # $ % ^ & + =).
**Step 5:** Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes.
**Step 6:** Fill in the Captcha Code, and click "Register/Signup".
Frequently Asked Questions
Who is eligible for Interest Subsidy Reimbursement Scheme / what is the eligibility?
All the Start-ups certified by the Start-up Promotion Cell (SPC) having a valid start-up certificate number are eligible to apply for this scheme.
**NOTE:** Only expenditures incurred after notification of Goa Start-up Policy 2017 within the validity of this policy and paid for digitally w...
What are the benefits of Interest Subsidy Reimbursement Scheme?
1. Up to 3 projects that show immense promise and potential, as recommended by the Startup Promotion Cell, will be eligible for a grant of 30% of the loan interest amount, for the purpose of repayment of the interest component of a loan availed, up to ₹ 5,00,000 per annum, for an initial p...
How to apply online for Interest Subsidy Reimbursement Scheme?
**Online**
**Step 1:** Visit the [Official Website](https://goaonline.gov.in/public/startuplogin?) of Goa Startup Mission.
**Step 2:** Verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
**Step 3:** On the [Registration/Signup Page](https://go...