AI SummaryScheme to Encourage Students for Innovative Projects helps students in Goa turn original technological ideas into working prototypes. Government of Goa runs this scheme through Department of Science and Technology and Waste Management (DS&T&WM), and it provides up to ₹50,000 to deserving students on a need cum merit basis.
Scheme is implemented through Goa State Innovation Council (GSInC). Students with a bright idea can apply through the official online portal and get the money needed to move their project forward.
Scheme to Encourage Students for Innovative Projects - Introduction
Scheme to Encourage Students for Innovative Projects supports students in Goa by funding their academic projects. It aims to boost economic growth and social change through student-led innovation. The scheme supports a maximum of 10 projects each financial year, so the focus stays on quality.
Funds are used only for the academic project and nothing else. Once selected, the council deposits the money directly into the institute's bank account after a pre-receipt is submitted to the Director, DS&T&WM. All spending should be completed by March 31st of the following financial year, and original bills and invoices must be kept safe to submit to Goa State Innovation Council.
Key Information
| Detail | Information |
|---|---|
| Scheme Name | Scheme to Encourage Students for Innovative Projects |
| Level | State |
| Beneficiary | Individual |
| State | Goa |
| Category | Skills & Employment, Business & Entrepreneurship |
| Benefit Type | Cash |
| Max Support | ₹50,000 per project |
| Projects Per Year | 10 |
| Nodal Department | Department of Science and Technology and Waste Management |
Benefits
Eligible students can get financial support of up to ₹50,000 to build their project. The scheme supports a maximum of 10 projects per financial year, keeping the focus on quality. Money is given as a single installment and must be used only for the academic project.
The council deposits the funds directly into the institute's bank account once a pre-receipt is submitted to the Director, DS&T&WM. All spending should be completed by March 31st of the following financial year. Original bills and invoices must be kept safe and submitted to Goa State Innovation Council.
Eligibility
To apply, a student should be enrolled in an educational institute located in Goa. For example, if Anjali is a final-year engineering student or Ravi is a high school student taking part in a national-level science fair, both can apply.
The project must be a hardware or software based product or process innovation. It should fall under categories like Green Technology, Clean Energy, Waste to Wealth, or Affordable Healthcare. The idea must be registered under Virtual Innovation Register (VIR) as a New Idea. Students who have already received support under this scheme cannot apply again.
Application Process
STEP 1 - Visit the Official Portal of Goa State Innovation Council and complete the registration. Click the Register button, provide the details, and set a password. Login credentials arrive through SMS or email.
STEP 2 - Log in to the account and view the available schemes. Select Scheme to Encourage Students for Innovative Projects, fill out the form, and upload the documents.
STEP 3 - Submit the proposal. A Selection Committee reviews it, and if selected, the student receives an email within 14 working days. Approved funds go directly to the institution's bank account.
Documents
At the application stage, the following documents should be ready:
- Project proposal in Proforma I and II.
- Detailed budget break-up of the funding requirements.
- Annexure detailing costs up to ₹50,000.
- Original bills and material proof.
- Technical documents like diagrams, designs, and flowcharts.
- A Letter of Intent (LOI) if the project involves industry or government partnerships.
After selection, a pre-receipt from the institution must be submitted to receive the funds.
References
Official Schemes Page of Goa State Innovation Council
Virtual Innovation Register (VIR) Apply Portal
FAQ's
How often is the grant provided?
The institute receives the financial support as a single installment.
Can I apply for this program more than once?
No, this support can only be received once throughout the duration of the scheme.
What specific criteria apply to school students?
School students must be working on a project taking part in state-level or national-level competitions.
What is the support limit?
Financial support covers project costs up to a maximum of ₹50,000.
Are there restrictions on fund use?
Yes, the funds must be used only for the student academic project.
How many projects receive funding annually?
The scheme supports a maximum of 10 student projects each financial year.
Must my college be in Goa?
Yes, the scheme requires the educational institute to be located within Goa.
Does my project need to be hardware or software based?
Yes, the project must show a product or process innovation based on hardware or software.
Is external registration required?
Yes, the innovation must be registered under the Virtual Innovation Register (VIR) before applying.
Do I need an LOI for industry-linked projects?
Yes, a Letter of Intent must be submitted if the idea involves industry or government collaboration.
Is this scheme for all college students?
It is open to final-year students or groups working on college projects.
Are there specific focus areas for projects?
Yes, proposals in Green Technology, Clean Energy, Waste to Wealth, Healthcare, and ITES are preferred.
Is an association with industry or government mandatory?
Yes, the project must be associated with academics, industry, or the government.
Where is the money deposited?
The council deposits the sanctioned funds directly into the beneficiary institute's bank account.