India|
New Incentives Announced for Startups and Incubators at UP Ecosystem Event
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News Analysis IndiaReporter
August 27, 2026
02:31 AM
During the Uttar Pradesh Startup Ecosystem Event 2026, officials detailed a suite of financial aids for emerging businesses. Startups will receive a monthly stipend of ₹20,000, prototype grants up to ₹10 lakh, and seed funding of ₹15 lakh. Depending on investment, firms can access matching grants of up to ₹5 crore and low‑interest loans with a 4% subsidy on amounts up to ₹2 crore. Deep‑tech ventures are eligible for long‑term capital of up to ₹40 crore, while dedicated U‑Hub facilities will be set up in Lucknow and Noida.
