Venture Center
Organization
UP Government (Department of IT and Electronics)
Fund type
Fellowships | Grant | Other | Reimbursement
Source
Government
Status
Active
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors | Electric vehicles
Target
Private Limited Company | Limited Liability Partnership
Fund range
< Rs. 10 lakhs
Fund stages
A. Technology Development | E. Market Entry

Sustenance allowance at the rate of INR 17,500 per month per startup for a period of one-year shall be given. A one-time prototyping grant of up to INR 5 Lakh per startup. Seed capital will be given in the form of Marketing Assistance upto INR 7.5 Lakhs per startup.

Purpose

The scheme supports startups in Uttar Pradesh through sustenance allowance, funding for prototype development and Seed capital, Patent support