Market Support Scheme for Smaller Business Units
The Market Support Scheme for Smaller Business Units offers financial assistance for exhibition participation in Goa.
Key facts
| Benefit | 50% reimbursement of exhibition rental costs |
|---|---|
| Who | Business units in Goa |
| Implemented by | Department of Information Technology, Goa |
| Official portal | goaonline.gov.in |
| Application window | Apply quarterly or bi-annually after incurring expenses |
Benefits
Beneficiaries can receive a reimbursement of 50% of their exhibition rental costs for participating in national or international exhibitions, with a maximum space limit of 9 square meters. Approval from the government is required prior to participation to claim this benefit.
Who can apply
- For: business
- Resident of Goa
- not income tax payer
- no government employee in family
Eligible applicants include new and existing business units operating in Goa, such as proprietorships, private and public limited companies, registered partnerships, and limited liability partnerships. Applicants must not be income tax payers and should not have any government employees in their family. Units receiving similar financial support from other government policies are excluded from this scheme.
Who is not eligible
- Units availing similar financial incentives under other Goa government policies
How to apply
Applications can be submitted online through the official Goa Online portal.
- Visit the Official Web Portal of Goa Online and click 'Register'.
- Verify your Email ID and Mobile Number using OTP, then proceed to the Registration Page.
- Complete the registration form, create a Login Name and Password, and agree to the Terms & Conditions.
- Log in using your credentials and navigate to 'Services', then 'IT Services', and select the scheme.
- Fill in the application form and upload all required documents.
- Submit the application and note the unique registration number for future reference.
Documents required
- Copy of Incorporation Certificate
- Copy of New Unit Registration Document/Certificate
- Copies of PAN, Aadhaar, and GST TIN
- Memorandum and Articles of Association
- Copy of the First Bill Generated
- Brochures and other Information Material of the Exhibition(s)
- Certificate of Participation for the said event
- Proof of Payment of Rental Charges
- Udyog Aadhaar
Common problems and how to fix them
| Problem | What to do |
|---|---|
| Application not approved | Ensure that the application is submitted 60 days prior to the exhibition and includes all required documents for pre-approval. |
| Payment not received | Check if the application for reimbursement was submitted after attending the exhibition and ensure all necessary proof of payment is included. |
Frequently asked questions
What is the recommended timeframe for submitting an application?
Applications should be submitted 60 days prior to attending an exhibition.
How long does it take to receive pre-approval from the Committee?
Pre-approval decisions are typically issued within 30 working days.
Why is pre-approval necessary for reimbursement?
Pre-approval is mandatory to ensure that participation aligns with government guidelines and to qualify for reimbursement.
What documents are required for the application?
Required documents include the Incorporation Certificate, registration documents, PAN, Aadhaar, GST TIN, and proof of payment for the exhibition rental.
What is the reimbursement percentage and space limit for exhibitions?
The scheme reimburses 50% of the exhibition rental costs, limited to a maximum space of 9 square meters.
Always confirm the latest details on the official portal before applying.
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