The passion for startup’s is not only in the IT Capital of India, Bengaluru or any other metro cities like Delhi, Mumbai, Pune, Chennai etc . The passion and support for Startup’s by the state government of Goa is more appreciable when compared to any other state in the country. I have listed the points below as to ” Why Startup in Goa is Better than any other cities in India ? “
1. For Startups hiring local Goan talent Go Goverment in its Goa Startup Policy has announced a special incentive of 50% Salary reimbursed if freshers hired subject to cap of Rs. 10,000/- per month per recruit.
2.To promote the ease of doing business in Goa, the Goan startup will set-up an internet based single window portal exclusively for startups in Goa.
3. For Startups who operate out of a lease/rented premises in Goa, the startup cell will provide a lease rental subsidy of upto Rs. 3 lacs per annum for a period of two years .
4. Startups with promising minimum viable product can get a onetime grant of up-to Rs. 10 lacs as determined by the Goa Startup Cell.
5. If you are Startup in Goa who have successfully entered the production/service delivery phase 50% of the cost of trade-mark registration of their company name and logo will be reimbursed by the Goa Startup Cell.
Considering the above 5 great incentives by the Goan Government, I personally appreciate the initiative done by the IT Minister of Goa – Rohan Khaunte and appeal the people of Goa to take advantage of the incentives and add value to the tourism state – Goa .