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Gov & Employment India Jul 6, 2026

Uttar Pradesh approves Startup Policy 2026 with Rs 1,000 crore startup fund

Uttar Pradesh approves Startup Policy 2026 with Rs 1,000 crore startup fund

The Uttar Pradesh cabinet approved the Startup Policy 2026 on 6 July 2026, creating a Rs 1,000 crore startup fund. Eligible startups can get seed funding up to Rs 15 lakh (up to Rs 50 lakh for strategically important projects), a Rs 20,000 monthly sustenance allowance for two years, prototype grants of up to Rs 10 lakh, and cloud-service reimbursement of up to Rs 2 lakh a year; deep-tech ventures can access patient capital up to Rs 100 crore.

Why this matters for founders

Founders based in or willing to incorporate in Uttar Pradesh should register with the UP Startup Mission to tap the seed funding, monthly sustenance allowance and prototype grants; deep-tech teams should specifically explore the patient-capital track.

Source: GKToday

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