The Seed Capital/Marketing Assistance grant aims to provide financial support to early-stage startups in Uttar Pradesh to assist with the launch of their MVPs. The disbursement of the seed capital occurs in milestone-based installments, typically in three tranches (e.g., 40% + 30% + 30%). Additional incentives are provided to startups meeting certain criteria, such as those founded by underrepresented groups or operating in specific regions or sectors.
Seed Capital/Marketing Assistance
up electronics corporation ltd
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Details
Amount
Upto: ₹7.5 lakh
Provider
up electronics corporation ltd
Type
grant
Stage
Categories
Tags
About this Opportunity
Eligibility
Startups must be based in Uttar Pradesh. They must be working towards launching their MVP. Additional eligibility criteria may apply, particularly for those seeking additional incentives. DPIIT recognition is needed in order to apply for some of the seed funding available.
Application Process
Applications are typically submitted online through designated portals. An evaluation committee, comprising experts from institutions like STPI, IIT Kanpur, and IIM Lucknow, is responsible for approving grant requests. Startups must meet certain key performance indicators.
