Uttar Pradesh Startup Policy 2020

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Key Policy Objectives

Secure a position in top 3 states in the
“States’ Startup Ranking” conducted by, GoI
Establish/support 100 incubators, minimum
one in each district of the State
Develop minimum one million square feet of
incubation/acceleration space for startups
Establish 3 state of the art Center of
Excellence (CoEs)

Capital grant @upto 50 percent reimbursement of the eligible amount subject to maximum limit of INR
One (1) Crore for incubators
Financial support to cover operational expenditure @ upto INR 30 Lakhs per year for 5 years or until
self-sustainable whichever is earlier for the incubators
State level annual incubator rankings shall be introduced as per the KPI framework approved by the
PMIC. Top3 performers in the ranking will be awarded amount of INR 3 Lakhs, 2 Lakhs and 1 Lakh per
year to the winner, first runner up and the second runner up respectively
Grant-in-aid (covering capital and operational expenditure)@ upto INR 10 crores to CoE during span
of 5 years from the date of establishment.
Incentives for Start-Ups:
- Sustenance allowance @ INR 15,000 per month per startup for a period of one-year upto 10
  startups per incubator per year at the idea stage.
- Seed capital @ upto INR 5 Lakhs per startup as marketing assistance upto 10 startups per
  incubator per year to launch the Minimum Viable Product (MVP) in the market
Patent Filling reimbursement @INR 2 Lakhs for Indian patents and INR 10 Lakhs for International
Patent