Capital Contribution Scheme

Key Features

• Capital Support for Industrial Growth - The scheme provides capital contribution from the Government of Goa to support industrial units undertaking expansion or technology-based product development.
• Encouragement for Local Technology Development - Units developing products based on locally developed technologies receive support under the scheme, promoting innovation within the state.
• Support for Established Industrial Units - Only units that have been operating for a minimum of three years are eligible, ensuring that the support is provided to stable enterprises with proven business operations.
• Government Contribution with Return Conditions - The government capital contribution is provided with a defined tenure and expected return conditions as specified in the scheme.
• Special Preference for Technology and Research Units - Preference may be given to units involved in research, development, or technology-based production, as well as units run by women entrepreneurs or clusters.

Financial Assistance

Eligibility Criteria

To qualify for benefits under the scheme, applicants must meet the following conditions:

• The applicant must be an industrial unit operating in Goa.
• The unit must have completed at least 3 years of operations.
• Eligible entities include:
  - Partnership firms
  - Private limited companies
• The unit must be permanently registered with the Directorate of Industries, Trade and Commerce.
• Units covered under the Goa Sick Industrial Unit Revival and Rehabilitation Scheme, 2008 are not eligible unless specifically considered under that scheme.
• The project should focus on expansion, technology development, or innovation-based production. 

Documents Required

• Copy of permanent registration certificate of the unit
• Audited financial statements of the previous three years
• Detailed project report
• Proof of business operations and investment plan
• Additional documents as required by the Directorate of Industries

Application Process

Option 1: Apply with Bullit, Recommended

Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.

Option 2: Apply Online / Offline (Government Process)

Online Process

1. Visit the official Goa industry services portal.
2. Register your enterprise and log in.
3. Fill in the application form for the Capital Contribution Scheme.
4. Upload required supporting documents.
5. Submit the application online.
6. Receive acknowledgement of submission.
7. The department evaluates the application before approval.

Offline Process

1. Obtain the prescribed application form from the DITC office.
2. Fill in details about the industrial unit and project proposal.
3. Attach supporting documents including financial statements and project report.
4. Submit the completed application to the Directorate.
5. The department reviews the application and communicates the decision.

The Directorate typically scrutinises applications within 3 months, and the decision is communicated within 4 months from the date of application receipt.