State-Specific Information

The Goa State Incentives to Encourage Investments Scheme

in Goa

Last updated: 14 Apr 2026

The Goa State Incentives to Encourage Investments Scheme in Goa

The Goa State Incentives to Encourage Investments Scheme is a government scheme available to eligible residents of Goa.

Apply for The Goa State Incentives to Encourage Investments Scheme in Goa

Scheme Overview

The scheme aims to create sustainable employment, accelerate investment, and support environmentally sustainable industrial development in Goa. It provides financial assistance and incentives under separate target schemes to new and existing Micro, Small, Medium, and Large manufacturing units.

Eligibility Criteria

- The applicant must be a new or existing unit.

- The applicant must be a manufacturing unit classified under the Micro or Small sector to be eligible for the target schemes, unless otherwise specified in the target scheme.

a) The applicant must be a unit that is going into production on or after 01-10-2017.

b) The applicant must be a unit that has gone into production on or after 01-10-2007 but not availed of any of the benefit under the old schemes specified under Schedule B.

c) The applicant must be a unit that has gone into production on or after 01-10-2007 but not completely exhausted benefits of the old schemes to be eligible for continuing benefits to the extent specified in this scheme.

d) The applicant must be a unit that has started production after 01-10-2007 and has availed benefit under old schemes mentioned under Schedule B, and has carried out substantial expansion during the validity period of this scheme.

##### ***Preference, Priority, and Reservation***

- _The applicant may receive additional benefits if they are a woman entrepreneur._

- _The applicant may receive additional benefits if they are a Scheduled Caste (SC) entrepreneur._

- _The applicant may receive additional benefits if they are a Scheduled Tribe (ST) entrepreneur._

- _The applicant may receive higher financial benefits (70% instead of 50%) if the unit is located in one of the lesser developed talukas: Pernem, Satari, Bicholim, Sanguem, Quepem, Canacona, and Dharbandora._

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Benefits

The maximum cumulative Financial benefit under schemes to all industries shall be 50% of the Cumulative Capital investment at original value in the unit.

This is increased to 70% of the Cumulative Capital investment at original value in the unit in case of lesser developed talukas.

For units defined under clause (c) iv of eligibility criteria (Substantial Expansion) in the scheme guidelines, the benefit is 50% of the Substantial Expansion investment.

This is increased to 70% of the Substantial Expansion investment in case of lesser developed talukas.

A maximum of 10% additional benefit is provided to all women and Scheduled Caste (SC)/Scheduled Tribe (ST) entrepreneurs.

Required Documents

#	Document	Details
1	A Copy Of Permanent Registration Certificate Or Entrepreneur Memorandum-Part II Or Udyog Aadhaar Memorandum.
2	Pollution Certificate From Goa State Pollution Control Board.
3	Copy Of Aadhaar Card.
4	Proof Of Stake Holding Of Scheduled Caste, Scheduled Tribe, Or Woman Partner/Promoter (In Case Of Seeking Additional Benefit Under These Categories).
5	Self Attested Copy Of Scheduled Caste/Scheduled Tribe Certificate Issued By The Competent Authority (If Applicable).
6	Chartered Accountant Certificate To Support Cumulative Capital Investment, Previous Benefits Availed, And Details Of Substantial Expansion.
7	Chartered Accountant Certificate Certifying The Cumulative Capital Investment At Original Value And Expansion (For The Purpose Of Verifying Substantial Expansion).
8	Self-Attested Copies Of All Relevant Documents (For The Purpose Of Verifying Substantial Expansion).
9	Chartered Accountant Certificate Certifying The Investment As Per Balance Sheet (If There Is Difficulty In Submitting Documents Supporting Partial Or Total Investments For Calculating Cumulative Capital Investment At Original Value).
10	Affidavit Cum Self-Declaration In The Format Appended To The Respective Target Scheme.

How to Apply in Goa

The applicant must first register under the Umbrella Scheme using the common application form appended to the scheme as Schedule ‘E’. This form requires detailed unit information, including registration details such as the Permanent Registration C…

Offline The applicant must first register under the Umbrella Scheme using the common application form appended to the scheme as Schedule ‘E’. This form requires detailed unit information, including registration details such as the Permanent Registration Certificate, Entrepreneurs Memorandum–II, or Udyog Aadhaar Memorandum number and date. It also requires details regarding the Cumulative Capital Investment and information about the proprietor or promoter, including their Aadhaar Number and whether they are claiming benefits under the Scheduled Caste, Scheduled Tribe, or Woman category. After registering under the Umbrella Scheme, the applicant must apply to the Director, Directorate of Industries, Trade and Commerce (DITC), giving details as per the prescribed proforma for the specific Target Scheme. The application must be filed according to the timeline mentioned in Schedule A for the respective target scheme. The applications for each target scheme shall only be accepted and placed before the Task Force Committee during the specific time period as specified in Schedule A. The submitted application will be reviewed and scrutinized by the Task Force Committee (TFC), which is constituted under this Umbrella Scheme. The Committee comprises several common members, including the Chief Executive Officer of the Goa Investment Promotion and Facilitation Board as the Chairman, and the General Manager (DIC) of the Directorate of Industries, Trade and Commerce as the Member Secretary. The Task Force Committee is responsible for recommending the benefits to be granted under the target schemes. The competent financial authority shall sanction or reject the benefits based on the recommendation of the Task Force Committee within one month of receiving such recommendation. Financial sanctions of up to ₹10,00,000/- per disbursement per scheme shall be accorded by the Director of Industries, Trade and Commerce. Financial sanction for amounts above ₹10,00,000/- up to ₹20,00,000/- per disbursement per scheme shall be accorded by the Secretary, Department of Industries, and benefits above ₹20,00,000/- per disbursement per scheme shall be approved by the Government. The payment shall be released to the beneficiary from the Savings Bank Account of a Nationalized or Commercial Bank maintained by the Directorate of Industries, Trade and Commerce, subject to the availability of funds. The funds shall be released within fifteen days of receiving the sanction order from the competent financial authority, provided the applicant submits the necessary documentation/details along with an affidavit cum self-declaration in the format appended to the respective target scheme.

Common questions in Goa

Who can apply for The Goa State Incentives to Encourage Investments Scheme in Goa?

Eligible residents of Goa who meet the scheme’s overall criteria can apply for The Goa State Incentives to Encourage Investments Scheme. Refer to the eligibility section above for the complete checklist.

What documents are required for The Goa State Incentives to Encourage Investments Scheme in Goa?

Applicants in Goa typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

Frequently Asked Questions

If I am a woman entrepreneur applying for this scheme, am I eligible for any specific preferential benefit or enhanced financial support?

Yes, all women entrepreneurs are eligible to receive a maximum of 10% additional financial benefit under the scheme. <br>

Are Micro and Small sector manufacturing units the only types of enterprises that are generally eligible to apply for the benefits provided under the target schemes?

If my unit has already been established and commenced production several years ago, but I have never previously utilized any benefits from the designated old incentive schemes, will my unit still qualify for financial support?

What specific minimum percentage of investment must be demonstrated by an existing unit to qualify as having undergone a substantial expansion?

What is the necessary document that must be submitted by the applicant at the time of final fund transfer to ensure the sanctioned benefit amount is released?

If a unit has already availed of benefits under previous incentive schemes, what requirement must be met if they wish to apply for financial assistance under the new target schemes?

For the purpose of applying for financial assistance, how is "Substantial Expansion" defined when calculating the eligible investment base for the financial benefit?

As an applicant seeking incentives for my enterprise, what standard forms of registration are accepted by the Directorate of Industries, Trade and Commerce to prove my unit's existence?

Is there a provision within the scheme that offers additional incentives or preference specifically toward entrepreneurs who belong to the Scheduled Caste category?

If I represent a manufacturing unit that has not yet started operations, what is the earliest production commencement date required for my unit to be eligible for these incentives?

For a unit that qualifies based on having carried out a substantial expansion, what is the maximum cumulative financial benefit percentage they can receive if located in a lesser developed taluka?

Is there a provision within the scheme that offers additional incentives or preference specifically toward entrepreneurs who belong to the Scheduled Tribe category?

What is the highest percentage of total investment that can be covered by the cumulative financial benefit awarded to units located in developed areas of the State?

If my unit has previously utilized some, but not all, of the financial benefits available under the older incentive schemes, will I be allowed to continue receiving the balance of those benefits?