Startup India Uttar Pradesh

Benefits of Startup India Policies of Uttar Pradesh:

Uttar Pradesh is the state where new business and employment is very necessary. The state government has started a Startup India Uttar Pradesh program which gives many benefits such as:

• This scheme will give the opportunity as the preferred IT/ITES investment destination in India.
• All the people who have an IT background can get the most out of this scheme.
• You can get economic growth and enhance the quality of life by continuing success.
• Under this scheme, you can get a congenial, industry-friendly, and proactive climate.
• It will increase the quality of the talent pool as well as it will create additional employment opportunities.
• There is also a condition of special services that will be given to the startups at subsidized cost as well as it will contain legal, audit, taxation, accounting, and registration of the company.
• If the Nodal agency will approve your project you will get a sustenance allowance of INR 15,000 per month for a period of 1 year.
• Your marketing assistance of up to Rs. 10.00 lakhs will be given an intro to the innovative product.
• The incubator will give facilities like office space, administrative services, and high-speed internet, activities of the network, higher education resources, and many more.

Eligibility Criteria for Recognition of Startups:

There is various eligibility criteria are required to get the benefits of this scheme by the government such as:

• The startup should be registered in Uttar Pradesh only.
• The following startup should have minimum funding of 25% of equity from well-popular or recognize venture funds or reputed incubators.
• Those who have an innovative idea will be able to come to take benefit of this scheme. The institution’s Screening Committee will give permission to start the business.

Click here if you wish to get your Startup recognized under the Startup India Program.