Uttarakhand Startup Policy-2023

Uttarakhand Startup Policy – 2023 is a Government of Uttarakhand policy implemented through the Department of MSME / Directorate of Industries, notified on 1st March 2023, and valid for a period of 5 years.

The policy aims to create a strong ecosystem for innovation, entrepreneurship, and startup growth in the state by providing financial incentives, incubation support, mentoring, and ease of doing business. For you as a startup or MSME, this policy helps you convert ideas into scalable businesses with funding support, infrastructure, and market access.

Key Features
Financial Assistance
Eligibility Criteria
Documents Required
Application Process

Key Features

Startup ecosystem development: The policy focuses on building a complete ecosystem including incubators, mentors, investors, and institutions.
Inclusive startup support: Special incentives are provided for women entrepreneurs, SC/ST founders, student startups, and rural innovation-based ventures.
Innovation focus sectors: Supports startups in areas like AI, robotics, renewable energy, circular economy, agriculture, and sustainability.
Incubation and mentoring: Startups receive structured support through incubation centres, training, and mentorship programs.
Ease of doing business: Simplified regulatory support and public procurement benefits are provided to startups.

Financial Assistance

Component	Assistance Provided	Detailed Explanation
Monthly Allowance	Up to ₹15,000/month	Provided to student startups during ideation stage for up to 12 months. Example: Early-stage startup gets support for basic expenses.
Seed Funding	Up to ₹10 lakh (₹15 lakh for special categories)	One-time funding for prototype/MVP development. Example: Startup building product prototype receives capital support.
IPR Support	Patent: up to ₹5 lakh (₹10 lakh international)	Reimbursement for patent, trademark, and design filing expenses.
Pre-Incubation Support	Up to ₹1 lakh	Covers mentoring and early-stage product development costs.
Incubation Support	Cost of incubation (up to 18 months)	Government bears incubation cost in recognised incubators.
Pilot Project Funding	Up to ₹3 lakh (+₹2–5 lakh additional for special sectors)	Support for testing product with government agencies.
Market Exposure	Travel + exhibition support	Covers travel, accommodation, and participation in trade fairs/expos.

Eligibility Criteria

Must be a legal entity (Company / LLP / Partnership) registered in India
Must have registered office in Uttarakhand
Startup age must be within 10 years
Turnover must be less than ₹100 crore
Must be working on innovation, product, or scalable business model
Must be recognised by Startup India or Uttarakhand Startup Council

Additional conditions:

At least 70% employees should be from Uttarakhand (during recognition period)

Non-eligibility conditions:

Businesses formed by splitting/reconstruction of existing units
Non-innovative or non-scalable business models

Documents Required

Certificate of Incorporation / LLP Registration
PAN & Aadhaar of founders
Startup India Recognition Certificate
Business plan / pitch deck
Financial projections
Bank account details
Proof of registered office in Uttarakhand

Application Process

Option 1: Apply with Bullit, Recommended

Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.

Option 2: Apply Online (Government Process)

Register on Uttarakhand Startup Portal / Startup India Portal
Apply for Startup Recognition
Submit business details and innovation description
Apply for incentives (seed fund, incubation, etc.)
Evaluation by Startup Council / Task Force
Approval and disbursement of benefits
Track application status online