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Uttar Pradesh MSME Startup Scheme

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

About This Scheme

Startup promotion scheme of Uttar Pradesh providing seed funding, interest subsidy, incubation and mentoring support to technology and innovation-driven MSME startups in the state.

The Uttar Pradesh MSME Startup Scheme promotes the creation of new startups in manufacturing, service, technology and innovation sectors by providing a package of financial and handholding support to eligible entrepreneurs of the state. Beneficiaries can avail seed capital funding as grant-in-aid for product development, prototyping and market testing, interest subsidy on working capital and term loans, incubation support through recognised incubators and centres of excellence, and mentoring by industry experts and successful founders. The scheme is implemented in convergence with the UP Startup Policy and is delivered through the Nivesh Mitra single-window portal along with the MSME Department and the state startup cell. Startups also receive facilitation for intellectual property protection, quality certification, investor connect and participation in national and international events. The objective is to build a vibrant startup ecosystem in Uttar Pradesh and generate skilled employment for youth.

Benefits

Seed funding of up to ₹ 15 lakh as grant-in-aid for eligible startups, interest subsidy on term and working capital loans, free or subsidised incubation space, mentoring and investor connect, intellectual property and certification support, and participation in startup events and conclaves.

Eligibility

Startups incorporated in Uttar Pradesh with a novel product, service or process, recognised under the applicable startup recognition norms, not older than the prescribed number of years, with a scalable business plan and at least one promoter who is a domicile of the state.

Who Can Apply

Technology, manufacturing, service, agri-tech, food-tech and social impact startups incorporated in Uttar Pradesh with an innovative product or service and a detailed project plan seeking seed funding, incubation or interest subsidy.

Who Cannot Apply

Businesses engaged only in trading or service franchise activities without innovation, entities blacklisted by any government department, startups that have already received grant-in-aid for the same project, and applicants with defaults in government or bank dues.

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. Log in to the Nivesh Mitra portal (https://niveshmitra.up.nic.in) and select the Uttar Pradesh MSME Startup Scheme. 2. Fill the online application with startup details, incorporation data, innovation summary and funding requirement. 3. Upload Aadhaar Card, PAN Card, incorporation or business registration certificate, Udyam or startup recognition certificate, Bank Passbook, Passport Photo, Income/Caste Certificate and the detailed project report. 4. Submit the application online and appear before the evaluation committee or incubator if shortlisted. 5. On approval the seed funding or subsidy is released in tranches linked to project milestones. 6. Interest subsidy is credited to the bank account through Direct Benefit Transfer (DBT) on production of loan documents and interest statements.

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Step 01
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Step 02
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Step 03
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Step 04
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Scheme Information

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

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