Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Financial Assistance
Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Capital Subsidy
- Prototype Grant: Up to INR 5 Lakhs for developing Minimum Viable Product.
- Additional 50% incentives on seed capital for:Grant for Setting Up/Upgrading Incubators:Up to INR 1 Crore
- Up to INR 1.25 Crore if located in Purvanchal/Bundelkhand
- Women/Transgender/Divyangjan-led startups
- Startups in Purvanchal/Bundelkhand
- EWS cofounder-led startups
- Up to INR 30 Lakhs per year for 5 years (or till self-sustainable).
Human Resource Management
Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Capacity Building
- Sustenance Allowance:INR 17,500 per month per startup for 1 year, up to 25 startups per incubator per year (idea-stage).
- Additional 50% incentives on sustenance allowance for:Women/Transgender/Divyangjan cofounders (with ≥26% equity).
- Startups from Purvanchal/Bundelkhand.
- Cofounders from Economically Weaker Sections (EWS)
- Acceleration Program Support:Matching grant up to INR 1 Lakh per startup, max INR 10 Lakhs per program.
- Up to 5 programs per institution per year, each program minimum 12 weeks.
Quality and Standards
Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Patent And GI Tags
- The cost of filing of successful patent shall be reimbursed to the incubated startups for Indian as well as foreign awarded patents:INR 2 Lakhs for Indian patents and INR 10 Lakhs for International Patents
Marketing
Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Exhibitions/Events/Brand Promotion
- Reimbursement for Event Participation:Up to INR 50,000 for national events.
- Up to INR 1 Lakh for international events.
- Marketing Assistance under Seed Capital:Up to INR 7.5 Lakhs to launch Minimum Viable Product.
- Up to 25 startups per incubator per year.
Infrastructure Subsidy
Uttar Pradesh Startup Policy 2020( First Amendment 2022)
Infrastructure Subsidy
- Incubation Space Development Goal:Creation of 1 million sq. ft. of incubation/acceleration space in the state.
