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Startup India Seed Fund Scheme

Seed Fund money in Goa

DPIIT approved Rs 14.8 crore to 5 incubators here, which is 2.0% of the national pot of Rs 755.3 crore. Rs 13.1 crore of it has actually been disbursed.

Approved

Rs 14.8cr

Disbursed

Rs 13.1cr

89% of approved

Incubators

5

Share of the national pot

15

of 755 (2%)

crore approved, against the whole scheme

Rs 13.1 cr disbursed Rs 1.7 cr approved and not yet drawn

The ledger

Every approved incubator in Goa, largest allocation first. Track length is the approved amount against the largest allocation in the state; the filled portion is what has actually been disbursed. An incubator's name is a link only where we hold a published record for it.

Forum for Innovation Incubation Research and Entrepreneurship (FiiRE) Margao
Rs 3.0 cr
Centre for Incubation and Business Acceleration South Goa
Rs 3.0 cr
BITS Goa Innovation, Incubation & Entrepreneurship Society (BGIIES) South Goa
Rs 3.0 cr
build3 North Goa
Rs 3.0 cr
AIC-GIM Foundation North Goa
Rs 2.8 cr

The register this money sits in

Goa has 1,580 companies on the Startup India register across 5 district labels, of which 818 carry DPIIT recognition. That works out at Rs 93,671 of approved Seed Fund money per registered company, though the scheme funds incubators rather than the register at large, and only a small number of companies ever receive any of it.

Startups in Goa

A note on the source's own arithmetic

The scheme reports Rs 11.2 crore as disbursed to startups in Goa, against Rs 13.1 crore disbursed to the incubators. Nationally the first of those figures exceeds the second, because the first and second application blocks overlap in the government's data, so the two are not directly comparable anywhere. We publish them as reported and treat the approved figure as the reliable one.

Registration is not an operating signal. A large share of registered startups are dormant, and we have no way to tell you which. How we counted.

Seed Fund in other states