Goa's Skill Development Promotion Scheme aims to boost programming and technical education by encouraging institutes to set Read More... up learning centres. Registered institutes offering courses at set rates can receive various subsidies. Read less
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Looking to establish or expand a learning centre for programming and technical skills in Goa? The Skill Development Promotion Scheme, part of Goa's Start-up Policy 2017, is here to support you. This initiative by the Department of Information Technology, Electronics and Communications encourages retail educational institutes to set up centres, offering them significant financial support and subsidies.
The Skill Development Promotion Scheme is designed to foster the growth of technical education in Goa. It provides financial assistance to institutes that focus on imparting programming and other technical skills. If your institute is listed by the Start-up Promotion Cell (SPC) and offers courses at pre-defined rates, you could be eligible for various subsidies to help you establish and run your learning centre smoothly.
This scheme is specifically for retail educational institutes that are keen on establishing learning centres in Goa. These institutes must specialize in teaching programming and technical skills. They need to be registered with the Start-up Promotion Cell and offer courses at fixed rates. Recognition from authorized government bodies like AICTE, UGC, or NBA is also a key requirement.
By supporting these institutes, the scheme aims to enhance the skill landscape in Goa, making more trained professionals available for the IT and electronics sectors. It helps these educational centres overcome initial setup costs and operational expenses, ultimately leading to better quality technical education and more opportunities for Goan students.
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Benefits
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Important Note: Reimbursements are only considered for expenditures incurred starting one year before the Goa Start-up Policy 2017 notification, within the policy's validity period, and paid for digitally. If digital payment isn't feasible, the SPC may consider the expenditure based on its due diligence.
Preference: Institutes that have tie-ups with Original Equipment Manufacturers (OEMs) will be given preference.
Interested institutes need to apply through the official channels. While the specific application form and submission details are typically provided in Annexure 1, the general process involves:
Note: Applicants can apply at any time during the financial year, but applications must be submitted within 6 months of incurring the relevant expenditure.
Important Notes:
How many institutes can benefit from this scheme annually?
Up to 10 institutes each year can receive benefits under this scheme, provided they offer courses in the technical areas listed in Annexure 2.
What exactly is considered 'capital procurement' for reimbursement?
'Capital procurement' includes money spent on buying essential capital goods for the institute, such as computer hardware, networking devices, and other ICT equipment.
What happens if digital payment wasn't possible for an expense?
If digital payments were not possible, the SPC will conduct its due diligence to decide if the expenditure can be admitted for reimbursement.
Can an institute apply for benefits more than once?
No, an institute is eligible to avail the benefits of this scheme only one time during the entire policy period, and this benefit is for a duration of two consecutive years.
How long will it take to get the approved funds?
Once your application is approved by the SPC, the approved amount is typically disbursed within 60 days from the date of approval.
Is there a special preference for institutes with certain partners?
Yes, institutes that have existing tie-ups with Original Equipment Manufacturers (OEMs) are given preference under this scheme.
What is the total financial limit for benefits per institute per year?
The maximum total benefits that an institute can receive, combining all subsidies, is capped at ₹ 10,00,000 per year.
Does the scheme offer any benefits for employee salaries?
Yes, the scheme provides a salary cost subsidy of 10% of the salary costs, up to ₹ 3,00,000 per year, for a period of two years.
What is the purpose of an authorization letter from an OEM?
An authorization letter from an OEM is required to confirm the empanelment of a vendor.
Can institutes claim benefits for any course they offer?
No, the benefits are specifically for courses offered within the technical areas/sectors detailed in Annexure 2 of the scheme guidelines.
Is the decision of the SPC final regarding applications?
Yes, the SPC holds the sole right to accept or reject applications, and their decision is final and binding. These benefits are not an entitlement.
What recognition is needed for the courses offered?
The institute or the course offered must be recognized by an authorized government body such as AICTE, UGC, NBA, or the relevant authority applicable.
What's the time frame for incurred expenses to be eligible?
Eligible expenses must have been incurred from one year prior to the notification of the Goa Start-up Policy 2017, falling within the policy's validity period, and ideally paid digitally.
What are the different frequencies for receiving benefits?
Institutes have the flexibility to avail the benefits of this scheme on a quarterly, bi-annual, or annual basis.
When should an institute apply after incurring an expense?
Applications can be submitted anytime during the financial year, but must be within 6 months from the date the relevant expenditure was incurred.
How is a 'retail educational institute' defined for this scheme?
For this scheme, a 'retail educational institute' means a learning centre situated in Goa that has been officially listed by the SPC as per the Goa Start-up Policy 2017.