Uttar Pradesh Incentives
Marketing/ Commercialization Allowance
Startups shall be provided marketing / commercialization assistance of upto INR 10 Lakhs to launch their prototype product /services in the market at Pilot stage.
Patent Cost reimbursement
The cost of filing and prosecution of patent application will be reimbursed to the incubated startup companies subject to a limit of INR 2 lakh per Indian patent awarded and INR 10 lakh per Foreign awarded patents
Capital grant on setting up of Technology Infrastructure shall be reimbursed upto 75% in case of Government Host Institutes and 50% in case of other Host Institutes, subject to a maximum limit of INR 1 crore. The same limit shall be applicable to Host Institutions for scaling up existing Incubator / Accelerator. In case the grant amount needs to be increased, the same shall be decided by Empowered Committee on case to case basis.
Rebate on lease/ rental Space
Reimbursement up to 25% of lease / rental charges on the space in which Incubator / Accelerator operates, shall be eligible with maximum limit of INR 10 lakhs per year, for a period of 5 years or until the Incubator is self-sustainable, whichever is earlier
Stamp Duty/ registration fee reimbursement
Incubators / Accelerator shall be eligible for 100% reimbursement of the Stamp Duty and Registration Fee paid on sale/ lease / transfer of land and office space for the first transaction.
Mentorship Assistance of INR 2 Lakhs per mentor shall be given to Mentors associated with Incubator / Accelerator. This assistance shall be given for covering expenses incurred on coaching, guiding, travelling, lodging etc. Further, Coaches would also be appointed. These coached would be the mentors, who possess deeper knowledge about the local ecosystem of the state.