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Gov & Employment India Aug 29, 2026

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

Uttar Pradesh launched its Startup Policy 2026 in late August 2026 (portal unveiled around 28 to 29 Aug), anchored by a Rs 1,000 crore fund of funds. Founders can get a Rs 20,000 per month sustenance allowance for two years at prototype stage, prototype grants up to Rs 10 lakh, seed capital up to Rs 15 lakh, and a 50% matching grant on external capital raised (capped at Rs 5 crore, minimum Rs 2 crore raise). Deep tech startups get enhanced grants up to double, patient capital up to Rs 40 crore per startup a year, and up to Rs 2 lakh a year in cloud/data centre reimbursement.

Why this matters for founders

UP-registered founders should register on the new UP Startup Mission portal and apply through a recognised state incubator to claim the sustenance allowance, prototype grant, and matching grant before scaling. Deep tech teams in particular should target the R&D matching grant and patient capital tiers.

Source: Indian Startup Times

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