Subsidy Scheme on Establishment of 25 R.I.R. Bird’s Unit, 100 Broiler Bird’s Unit and Stipend for Poultry Farming Training for Scheduled Caste People 2026

This scheme by the Goa government offers financial support to local entrepreneurs and existing industrial units, aiming Read More... to boost local businesses and technology development. Read less

Details

The Goa government, through its Department of Industries, introduced the Capital Contribution Scheme in 2008. This initiative is designed to empower local entrepreneurs and boost industrial growth by supporting units that develop products using locally sourced technology. The Directorate of Industries, Trade and Commerce manages this scheme.

What Is This Scheme?

The Capital Contribution Scheme is a financial support program for businesses in Goa. It provides capital contribution to help local entrepreneurs start or expand their ventures and encourages the use of technology developed within the state.

Who Can Benefit From This Scheme?

Local entrepreneurs, existing functional industrial units, and businesses that utilize locally developed technology are the primary beneficiaries. The scheme aims to foster a more robust industrial ecosystem within Goa.

Why This Scheme Is Important

This scheme is crucial for driving economic development in Goa by providing much-needed financial backing to local businesses. It promotes innovation, encourages the adoption of indigenous technology, and supports the expansion of operational units, thereby creating jobs and strengthening the local economy.

Objective

This scheme by the Goa government offers financial support to local entrepreneurs and existing industrial units, aiming to boost local businesses and technology development.

Benefits

Name of ComponentStandard of AssistanceMinimum Time Limit(In Year) for Reclaiming BenefitsSubsidy Scheme on establishment of 25 R.I.R. birds unit for Scheduled Caste75% of total Expenditure or maximum ₹6,000/- in kind (25 R.I.R. birds and poultry feed)Benefit can be given to one member of family. After 3 years the same family can avail benefit.Subsidy Scheme for establishment of 100 broiler bird farm for Scheduled Caste90% subsidy or Maximum ₹36,000/- RTGS/NEFT (In Bank Account Direct)Benefit can be given to one member of family.Stipend Scheme for Poultry Farming Training for Scheduled CasteMaximum ₹2,000/- RTGS/NEFT (in Bank Account Direct)Benefit can be given to one member of family.

Sources and references

Guidelines

Eligibility Criteria

Units or clusters that have been operational for at least 3 years are eligible. This excludes units already covered under the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008, or similar ongoing schemes.
Partnership firms and private limited companies can apply, provided they are not covered under the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008, or any other applicable scheme.
Only units that have permanent registration with the Directorate of Industries, Trade and Commerce are eligible.

Preference will be given to:

Small-scale sector units.
Units involved in research and development.
Technically oriented units.
Units run by women entrepreneurs or clusters led by women entrepreneurs.

How To Apply

To apply for the Capital Contribution Scheme, you need to follow these steps:

Gather all the necessary documents as listed in the 'Documents Required' section.
Submit a complete application with all supporting documents to the Directorate of Industries, Trade and Commerce, Government of Goa.
Ensure you meet all the eligibility criteria before applying.
If approved, you will need to provide post-dated cheques for repayment and collateral security. Funds will be disbursed within 60 days of approval.

Official Address for Submission:

Directorate of Industries, Trade and Commerce,
Government of Goa

Documents Required

A copy of your Permanent Registration Certificate or other valid proof of registration with the Directorate of Industries, Trade and Commerce.
Audited Statement of Accounts for the last 3 years.
A detailed Project Report for your business.
Post-dated cheques for repayment, serving as security for the sanctioned amount (if approved).
Collateral security equivalent to the amount of contribution you are seeking or the total eligible amount.

FAQ’s

What is the maximum financial support available per business under this scheme?

The maximum capital contribution you can receive per unit is up to ₹1,00,00,000. This support is contingent on the promoters contributing an equal or greater amount, though this condition doesn't apply to sick units.

For how long is the capital contribution provided, and what is the expected return?

The capital contribution is provided for a duration of 5 years. During this period, there's a guaranteed return of 6% or the actual profit generated by the unit, whichever is higher.

Are businesses that have been operating for less than 3 years eligible for this scheme?

No, generally, units or clusters need to have been in operation for at least 3 years to be eligible. However, this rule does not apply to units already covered under the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008.

What kind of security is needed when applying for this capital contribution?

You'll need to provide collateral security equal to the amount of contribution you're requesting or the total amount your unit is eligible for. Additionally, post-dated cheques for repayment are required as security.

What are the specific registration requirements for eligible units?

Only those industrial units that hold a permanent registration with the Directorate of Industries, Trade and Commerce in Goa are considered eligible to apply for this scheme.

Does the scheme offer any advantages to women entrepreneurs?

Yes, the scheme gives preference to units run by women entrepreneurs or clusters where women are leading the initiative.

Can a unit that is currently facing financial difficulties apply for this scheme?

While the scheme supports industrial units, if a unit is 'sick' and covered under the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008, it falls under that specific rehabilitation scheme and not this Capital Contribution Scheme.

What is the typical timeframe for receiving funds after approval?

Once your application is approved, the capital contribution funds will typically be released within 60 days. This is after you submit the required post-dated cheques and collateral security.

Which types of business structures are eligible to apply?

Partnership firms and private limited companies are eligible to apply. However, they must not be covered by the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008, or any similar scheme in force.

Are there any benefits for units focusing on research and development?

Yes, units actively involved in research and development are given preference under this scheme.

What are the essential financial documents I need to submit?

You will need to submit your Audited Statement of Accounts for the past three years as part of your application.

What is the process if I need to receive payment at a location different from where securities are held?

If you need to get paid at a different place, you must send duly discharged securities to the Public Debt Office via Registered and Insured Post.

How soon must I submit the securities for repayment?

The securities for repayment must be submitted at the Public Debt Office or the designated bank branch at least 20 days in advance, and they must be duly discharged.

Is there a specific advantage for units using locally developed technology?

Yes, the scheme specifically aims to support industrial units that develop special products based on locally developed technology.