The needs to implement the Goa Startup Policy 2021 in a time-bound manner with clear guidelines and clarity on the rollout of the incentives, said startups and entrepreneurs.
Stakeholders and beneficiaries of the policy incentives point out that while the department of Information and Technologys claims that startup scheme applications will be processed in 45 days, most applications under the earlier policy, which lapsed in September, were pending for 12-18 months.
Startups and IT firms let out a sigh of relief after the state government cleared the long delayed Goa Startup Policy 2021, but said that a sluggish implementation of the scheme and its incentives will prove to be a dampener.