Uttar Pradesh Startup Policy 2020

Uttar Pradesh Startup Policy 2020

Vision & Mission

• To establish a world-class startup ecosystem in the state by developing a robust infrastructure and providing a conducive policy environment.

• Promote the culture of innovation and entrepreneurship at the grassroots level leading to employment generation and introduction of emerging technologies in the niche sectors.

The Goals

• To be among the top 3 states in the “States’ Startup Ranking” conducted by GOI.
• Establish/support 100 incubators, minimum one in each district of the state.
• Develop a minimum of one million square feet of incubation/acceleration space for startups.
• Create the ecosystem for at least 10,000 startups in the state.
• Establish 3 states of art Center of Excellence ( COE’s)
• Establish India’s Largest Incubator in Lucknow.

Related Topic:
New Education Policy 2020

Governance

→ Nodal Agency

→ Policy Implementation Unit

→ Policy Monitoring & Implementation Committee

→ Steering Committee

Nodal Agency

A Nodal agency under the Department of IT & Electronics, Govt. of Uttar Pradesh shall be nominated for effective implementation of the Startup Policy 2020. The agency shall be responsible for creating a conducive policy environment for sustained growth of the startup ecosystem in the state. It will act as a Single Window for engagement with all ecosystem stakeholders. To manage the Single Window operations, Nodal Agency will set up a dedicated Project Management Unit (PMU) adequately staffed with outsourced professionals and consultants to support the Government.

Related Topic:
Salient features of Start up India programme

Policy Implementation Unit

A PIU under the chairmanship of Principal Secretary, Department of IT & Electronics shall be set up to oversee the work of the Nodal Agency with regard to startup policy implementation including the decision making wherever required such as recognition of incubators, the launch of startup funds, approval of startup events, etc. The PIU shall also be responsible for providing recommendations and approvals of incentives applicable to startup stakeholders through the startup nodal agency. It shall provide timely redressal of their grievances and facilitate necessary guidance and support. PIU may refer cases to the Policy Monitoring & Implementation Committee (PMIC) for further deliberation and decision making, as and when required.

Policy Monitoring & Implementation Committee

State-level PMIC under the chairmanship of the Infrastructure and Industries Development Commissioner (IIDC), Government of UP shall take necessary decisions on the matters related to effective policy implementation or any other issues referred by PIU for decision making. The charter of the committee shall be pertaining to effective implementation of the policy by various departments with respect to setting up incubators/Innovation Hub, setting up sectoral funds, promotion of startup culture through various events, and contributing to Startup Ranking Framework for achieving the status amongst Top 3

Steering Committee

Steering Committee (SC) will be formed under the chairmanship of Hon. Chief Minister, Government of UP. The charter of the Steering Committee shall be pertaining to monitoring and review of achievement of policy outcomes on annual basis against defined Vision, Mission, and Goals including but not limited to promotion of startup culture by various departments, approval, and disbursal of incentives to incubators and startups, recognition and establishment of incubators in the state, performance of the state in State Startup Ranking Framework, etc.

Infrastructure Development

• Funding the Startups
• Incubators as anchors of the startup ecosystem
• Innovation through the academic intervention
• Integration with ODOP
• Center of Excellence as Knowledge Centers
• UP Startup Online Platform
• Integration with Yuva Hub
• Innovation Hub at AKTU
• Leveraging the NRI Connect
• Brand Promotion and Recognition of Talent

Fostering Innovation Through Academic Intervention

University Syllabus

• Universities shall introduce courses in innovation & entrepreneurship to foster the startup culture.

School Syllabus

• Basic education on innovation & entrepreneurship shall be introduced in the school syllabus to develop an attitude at an early stage.

Faculty Development Program

• Universities/Colleges shall organize faculty development programs to promote innovation and entrepreneurship at the college level.

Gap Year for students

• Students shall be allowed to take a break of one year after the first year of graduation/post-graduation course.

Student Projects & Establishment of E-Cells

• Student entrepreneurs working on a startup idea shall be permitted to convert their startup project as their final year project towards degree completion.

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