The Government of Goa on 3rd November 2022, has notified the Skill Development Promotion Scheme which shall be applicable to all educational institutes listed by the Start-up IT Promotion Cell (SITPC) having a valid Startup Cell Registration Number.
Retail educational institutes that impart programming and technical skills will be encouraged to establish learning centres in Goa. Institutes listed by the start-up promotion cell and providing courses at prefixed rates, will be provided following benefits:
- Internet subsidy (up to INR 5 lakh per year) for two years
- Power subsidy (up to INR 1 lakh per year) for two years
- 25% capital investments reimbursement up to INR 5.0 lakh (on all capital procurement for a period of two years)
- 10% salary cost subsidy up to INR 3 lakh for a period of two years.
The maximum benefits aggregating all the benefits in this scheme should not exceed INR 10 lakh per year. The benefits to this scheme can only be availed by up to 10 institutes per year offering courses under the technical areas.
Educational institutes which desire to claim incentives under this scheme shall submit the application form to SITPC along with requisite set of documents. The form and the documents are to be e-mailed or to be submitted on the web portal to the SITPC.
The applicant can apply for this scheme at any time of the financial year but only within 6 months of incurring the relevant expenditure.