Salary Reimbursement Scheme

Key Features

• Salary Support for Freshers - Startups hiring fresh IT professionals can receive reimbursement of a portion of the salary paid to these employees. This helps startups reduce payroll costs during the early stages.
• Encouragement for Local Employment - The scheme promotes hiring of local talent by offering additional salary reimbursement benefits to startups that employ a higher percentage of local workforce.
• Multi-Year Support - Eligible startups can receive salary reimbursement support for a period of up to three years, allowing them to build stable teams while reducing financial pressure.
• Coverage for Multiple Employees - The scheme allows startups to claim salary reimbursement for up to 25 employees, enabling them to expand their workforce while receiving financial support.
• Evaluation and Approval by SPC - All applications are evaluated by the Start-up Promotion Cell, which verifies employment documents and determines eligibility before approving reimbursement claims.

Financial Assistance

Eligibility Criteria

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

• The startup must be certified by the Start-up Promotion Cell (SPC) and have a valid startup certificate number.
• Employees for whom salary reimbursement is claimed must be IT professionals involved in technology product or service development.
• Employees must be hired for a minimum period of 12 months.
• The bank accounts of employees must be linked to Aadhaar.
• The bank accounts of the startup’s directors must also be linked to Aadhaar.
• Only expenses incurred after the notification of the Goa Start-up Policy, 2017 are eligible for reimbursement.
• Salary payments should preferably be made through digital payment methods.
• For the local workforce incentive, at least 60% of employees must be locals of Goa.

A “local” refers to a person born in Goa, having domicile of at least 10 years in the state, or a spouse meeting these criteria.

Documents Required

• Copy of Aadhaar card of directors
• Copy of Aadhaar card of employees
• HR letter confirming employment contracts and employee role
• Employment contract for at least 12 months
• Salary slips of employees
• Bank statements showing salary payments
• Application form and documents specified in the scheme annexure

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 Start-up Promotion Cell portal.
2. Register your startup and log in to the portal.
3. Fill in the application form for the Salary Reimbursement Scheme.
4. Upload required documents such as employment contracts and salary records.
5. Submit the application online.
6. Receive acknowledgement of submission.
7. SPC evaluates the application and communicates approval or rejection.

Offline Process

1. Obtain the prescribed application form from the Start-up Promotion Cell.
2. Fill in details of employees and salary information.
3. Attach supporting documents related to employment and salary payments.
4. Submit the completed application to SPC.
5. Receive acknowledgement of submission.
6. Approved reimbursement is disbursed after evaluation.

Applications are evaluated within 45 days, and approved reimbursements are typically disbursed within 60 days after approval.