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IT and Electronics Department, Government of Uttar Pradesh (UP Startup Mission) logo

Uttar Pradesh Startup Interest Subvention on Term Loans

Open all year IT and Electronics Department, Government of Uttar Pradesh (UP Startup Mission) Uttar Pradesh

Subsidy

4% a year on term loans up to ₹2 crore, for 3 years

Apply on the official site
What it funds
Interest subsidy on bank term loans taken by startups
Who can apply
  • DPIIT and StartinUP registered startup in Uttar Pradesh
  • Term loan from a scheduled bank or financial institution
  • Incubator recommendation unless at scaling stage
When you can apply
Open all year
How to apply
Apply on StartinUP with loan papers; subsidy is paid to the lender
Best for
Early revenue, Growth stage
Run by
State governments

Starter opens 30 grants in full. Pro opens every one.