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Chief Minister Youth Entrepreneur Development Campaign

State Government Entrepreneurship Verified Scheme Department of Micro, Small and Medium Enterprises
Type
State Government
Category
Entrepreneurship
Status
Published

About This Scheme

A flagship Uttar Pradesh MSME campaign that promotes youth entrepreneurship through subsidy-backed bank finance, mentoring and market linkage support for educated youth starting new enterprises.

The Chief Minister Youth Entrepreneur Development Campaign is an entrepreneurship promotion initiative of the Department of Micro, Small and Medium Enterprises, Government of Uttar Pradesh that aims to make educated youth job providers instead of job seekers. It converges the major state MSME incentives such as margin money subsidy, capital interest subsidy and technology upgradation support into a single outreach campaign delivered through the Nivesh Mitra single-window portal. Under the campaign eligible youth receive subsidy-backed bank finance, orientation about self-employment opportunities, mentoring and handholding support for setting up manufacturing, service, trading and food processing units. Financial assistance is disbursed directly into the beneficiary bank account after verification of the unit by the District Industrial Centre. The campaign also links entrepreneurs with MUDRA and priority-sector bank credit, ODOP cluster support, trade fair participation and e-commerce marketplaces for sustainable business growth.

Benefits

Margin money subsidy and capital interest subsidy on bank loans for new units, access to subsidised priority-sector credit, one-to-one mentoring and handholding, market linkage through ODOP stores, trade fairs and e-commerce platforms, and convergence with MYSY, ODOP and MUDRA benefits for eligible youth entrepreneurs.

Eligibility

Educated youth of Uttar Pradesh aged 18 to 40 years who intend to set up a new micro or small enterprise. The applicant must be a permanent resident of Uttar Pradesh, at least 8th pass (ITI, diploma or graduate preferred), and the unit must be new with no previous subsidy availed under a similar state scheme.

Who Can Apply

Domicile youth of Uttar Pradesh aged 18 to 40 years with a viable project report who wish to start a new manufacturing, service, trading, food processing or allied agricultural unit and require bank finance with subsidy support.

Who Cannot Apply

Existing unit owners applying for expansion or modernisation, applicants with outstanding government or bank dues, beneficiaries who have already availed margin money subsidy under a similar state scheme, government servants and income tax payees.

Required Documents

1
Aadhaar Card
2
PAN Card
3
Business Registration
4
Bank Passbook
5
Passport Photo
6
Caste Certificate (if applicable)
7
Income Certificate

Application Process

1. Visit the Nivesh Mitra portal (https://niveshmitra.up.nic.in) and register with mobile number and OTP. 2. Select the scheme under the Beneficiary Schemes section and fill the online application with personal, project and bank details. 3. Upload scanned copies of Aadhaar Card, PAN Card, Bank Passbook, Passport Photo, Income/Caste Certificate and the detailed project report. 4. Submit the application online and note the application reference number for tracking. 5. The District Industrial Centre verifies the documents and conducts a field inspection of the proposed unit. 6. On approval the subsidy is released through the bank via Direct Benefit Transfer (DBT) after unit commencement.

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Step 01
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Step 02
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Step 03
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Step 04
Complete on Official Website
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Scheme Information

Type State Government
Category Entrepreneurship
Ministry Department of Micro, Small and Medium Enterprises, Uttar Pradesh
Department Department of Micro, Small and Medium Enterprises
State Uttar Pradesh
Status Published

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