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Goa colleges to get Rs 10L assistance for incubation centers

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The state has launched a new scheme, where Goa colleges will be provided with Rs 10 lakh assistance to develop incubation centers on their campuses.

This is to enhance the interest of youth and encourage them to start new startups, chief minister Pramod Sawant said on Monday.

Sawant further said that the government has disbursed Rs 4 crore of start-up subsidies so far and that govt is giving a maximum of Rs 10 lakh as seed money to Goan start-ups, compensation of Rs 15,000 for 10 staff employed by the start-up, and a further Rs 25,000 for those with Goan staff.

"Subsidies are being provided for co-working space for cloud and internet services, and we are also refunding the amount spent on research and development," said Sawant while interacting with students of Dempo College. 

He further added the Entrepreneurship Development Institute of India has set up its centre at the Economic Development Corporation and would provide handholding to anyone who wants to set up a business.

"Anyone who wants to do a business can go and meet them and they will handhold on what type of business, what is your capability and what the future is. We have also set up our Atal Incubation Centre at Goa Institute of Management. In the future, we are setting up a global capability center in Goa, which will be AI and other innovation.". A skilling centre of excellence will be established in Goa. A state data centre will also be set up in Goa," the chief minister added, further informing that at present there are 635 identified start-ups operating in Goa.

Later, he asserted, "If you go to a state like Bihar, they start preparing for IAS and IPS from Class XI and even Class VIII.". If we want to pass the Goa State Public Service Commission exam to be mamlatdars or deputy collectors, we have to prepare now. Even if we want to be a clerk, we have to pass the Staff Selection Commission exam now. It is a completely transparent exam, completely computer-based, where you get your results instantly."