UP Startup Fund Scheme (Self-Employed): Complete Guide for 2025

 


The Government of Uttar Pradesh (UP) is fostering a culture of entrepreneurship through various financial and mentoring initiatives. One such major program is the UP Startup Fund Scheme, aimed at empowering startups and self-employed youth with funding, mentoring, and growth opportunities.

Whether you're a tech innovator, small business owner, or rural entrepreneur, this scheme can help turn your idea into a profitable enterprise.

๐Ÿš€ What Is the UP Startup Fund Scheme?

The UP Startup Fund Scheme is a government initiative designed to provide financial assistance to early-stage startups and self-employed individuals. It encourages entrepreneurship across sectors—technology, agriculture, education, health, and more—through seed funding, incubation, and soft loans.

This fund is part of the larger Uttar Pradesh Startup Policy, launched to support innovation, employment, and economic growth in the state.

๐Ÿง‘‍๐Ÿ’ผ Who Can Apply?

The scheme targets:

  • Self-employed individuals or youth with a registered business/startup

  • Startups recognized under DPIIT (Department for Promotion of Industry and Internal Trade)

  • Residents of Uttar Pradesh

  • Age: 18–45 years

  • Business must be in the idea, prototype, or early revenue stage

✅ Women, SC/ST candidates, and rural entrepreneurs are given preference

๐Ÿ’ผ What Support Do You Get?

✅ Financial Assistance:

  • Seed Funding up to ₹25 lakhs per startup

  • Working Capital Loans through government tie-ups with banks/NBFCs

  • Soft loans for machinery/tools for self-employment-based businesses

  • Equity participation via the UP Startup Fund, managed by SIDBI (Small Industries Development Bank of India)

✅ Non-Financial Support:

  • Mentorship from incubators

  • Co-working spaces at subsidized rates

  • Branding and marketing support

  • Connect to venture capital networks

  • Skill development and technical guidance

๐Ÿ“‹ Key Features of the Scheme

Feature Details
Name of Scheme UP Startup Fund / Self-Employment Support
Launched By Department of IT & Electronics, Govt. of UP
Financial Support ₹1 lakh to ₹25 lakh (depends on startup stage)
Incubation Support Partnered with 30+ recognized incubators in UP
Equity Funding Through SIDBI-managed UP Startup Fund
Eligibility Age 18 to 45 years
Application Mode Online via Startup Portal

๐Ÿ“ How to Apply for UP Startup Scheme (Self-Employed)

Step 1: Register Your Startup

Step 2: Apply Online via UP Startup Portal

  • Website: https://www.startinup.up.gov.in

  • Create a profile and submit the following:

    • Business idea or plan

    • Founder details

    • Aadhaar and PAN card

    • Income certificate (if required)

    • Bank account information

Step 3: Choose an Incubator

  • Select from government-approved incubators listed on the portal

  • Your application will be reviewed by mentors

Step 4: Funding & Disbursement

  • If selected, you will receive financial assistance as per your startup’s stage and recommendation by the incubator

๐Ÿ’ก Benefits for Self-Employed Youth

  • Start your own business with minimal capital

  • Get government support and guidance

  • Access to low-interest loans

  • Mentorship for marketing, accounting, and legal compliance

  • Special benefits for women entrepreneurs and rural youth

๐Ÿ“ Success Stories

1. Priya Sharma – AgriTech Entrepreneur (Lucknow):
Started a soil testing kit startup. Received ₹10 lakh under the scheme. Now serves 100+ farmers monthly.

2. Irfan Khan – Electric Vehicle Garage (Kanpur):
A diploma holder who opened his own EV repair garage with ₹3 lakh soft loan. Now employs 6 people.

๐Ÿ”Ž Important Documents Required

  • Aadhaar Card (mandatory)

  • PAN Card

  • Recent passport-size photo

  • Proof of residence (electricity bill, ration card)

  • Startup Business Plan or Pitch Deck

  • Caste certificate (if applicable)

  • Bank Passbook copy

  • DPIIT recognition certificate (optional, but preferred)

❓ Frequently Asked Questions (FAQ)

Q1: Is collateral required for the funding?
No. Most of the seed funding and soft loans are unsecured.

Q2: Can I apply without a registered business?
You can apply, but your startup needs to be registered before funds are disbursed.

Q3: What if I’m from a rural area or a non-tech background?
The scheme encourages rural and grassroots-level entrepreneurship, including dairy, handicrafts, tailoring, and service businesses.

Q4: What’s the role of SIDBI?
SIDBI manages the UP Startup Fund for equity-based investments.

Q5: Is there a deadline to apply?
The portal accepts applications year-round, but each incubator may have internal deadlines.

๐Ÿ“ž Helpline & Contact

๐Ÿ“ Conclusion

The UP Startup Fund Scheme is a golden opportunity for self-employed individuals and young entrepreneurs in Uttar Pradesh. Whether you’re building a tech product or running a local service, this scheme provides the initial boost, mentorship, and visibility required to scale your business.

๐Ÿ‘‰ If you’re self-employed or planning to become your own boss, don’t miss out on this startup revolution from the state government!

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