Updated on February 27, 2025 11:29:47 AM
The Startup Subsidy in Uttarakhand aims to boost innovation, encourage entrepreneurship and provide employment. The Government of India instituted the Startup India Subsidy to support businesses with financial aid and establish a conducive atmosphere for business growth.
The Startup Subsidy in Uttarakhand holds the importance of supporting local entrepreneurs, encouraging the establishment of new and independent startups to boost the economic development of the state. Read the following article to know more about the Startup Subsidy in Uttarakhand and learn how our team of experts at Professional Utilities can help you redeem the eligible schemes for your startup.
The Government of India launched Startup India Subsidy to provide subsidy schemes throughout the nation for the economic growth of individual states and union territories by innovative projects and startups. Startup India provides several programs under Startup Subsidy in Uttarakhand that will promote entrepreneurship and create job opportunities for the citizens of the region. Startup Subsidy in Uttarakhand attracts startups by supporting them financially to promote tourism for the further development of the state. The Startup Subsidy in Uttarakhand aids in gaining national and international recognition which supports innovation and entrepreneurship. Startup Subsidy in Uttarakhand is offered to strengthen the entrepreneurial ecosystem and boost sustainable development of the state.
Some of the benefits of Startup Subsidy in Uttarakhand that the startups can redeem are listed below.
The Startup Subsidy in Uttarakhand offers maximum subsidy rates and amount to the entrepreneurs to ensure prevention of exploitation or unfairness of the intermediary. The Startup Subsidy in Uttarakhand is categorized under 14 programs which are listed below:
Special Incentive Scheme for Women Entrepreneurs
| Categories | Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|---|
| Capital Subsidy | 25% | Rs 25 lakhs | - |
| Interest Subsidy | 6% on bank loan taken by the entrepreneurs | Maximum of Rs 5 lakhs per year per unit | Only for one year |
Monthly Allowance
| Subsidy Rate | Subsidy Amount |
|---|---|
| NA | Rs 10,000 (Rs 15,000 for Startups operated by SC/ST/women/physically challenged or belonging to 1st point regions in location) |
Patent (Intellectual Property)
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| Up to 100% reimbursement of actual cost of Start-up Patent fees (including filing fees, attorney fees, research fees, maintenance fees) | Up to Rs 1 lakh | Only for Indian patent |
| Up to Rs 5 lakh | Only for International patent |
Capital Grant
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| One-Time Capital Grant of 50% of capital cost (excluding cost of building and land) | Up to Rs 1 crore | Only to set up or scale up incubation facility |
ETP Subsidy
| Subsidy Rate | Subsidy Amount |
|---|---|
| 30% | Up to Rs 20 lakhs |
Interest Subsidy
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 5% | Maximum of up to Rs 3 lakhs | Only applicable for term loans availed from scheduled commercial banks or financial institutions |
Rebate on Lease/Rental Space
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| Reimbursement up to 25% of lease/rental charges for the space for MSME IT/ITeS units and incubators established in the state | Maximum limit of Rs 10 lakhs per year for 1st and 2nd point in location and Rs 5 lakhs for 3rd and 4th point in location | Only for a period of 3 years for MSME IT/ITeS units and for a period of 5 years for incubators from the date of commencement of commercial operations |
Subsidy for BPO with Women Employees
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| Reimbursement on lease rentals up to 50% of the total seat employed by women for the given year | Maximum limit of Rs 50,000 for 1st and 2nd point in location and Rs 30,000 for 3rd and 4th point in location | For the first 3 years only |
Mega Textile Park Policy 2014
| Categories | Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|---|
| Interest Subsidy | 7% interest subsidy | Maximum of Rs 50 lakhs | 7 years |
| Power Assistance | 100% rebate on Electricity Duty | Reimbursement of Rs 1 per unit on power bill | 5 years from date of Commercial Production |
Uttarakhand Electric Vehicle Manufacturing, EV Usage Promotion and Related Services Infrastructure Policy 2018
| Categories | Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|---|
| Interest Subsidy | 1. For MSMEs – 5-10% 2. For Heavy Industries – 5% 3. For Large – 7% (Max. 25 Lakhs) 4. Mega – 7% (Max. 35 Lakhs) 5. Ultra Mega – 7% (Max. 50 Lakhs) n |
1. For Large – Max. 25 Lakhs 2. Mega – (Max. 35 lakhs) 3. Ultra Mega – (Max. 50 Lakhs) |
5 years from date of Commercial Production |
| Electricity Duty Exemption | 100% | NA | 5 years after adjustment of input tax credit |
| EPF Reimbursement | 50% reimbursement | 2 Crore | For a period of maximum 5 years |
Uttarakhand Electric Vehicle Manufacturing, EV Usage Promotion and Related Services Infrastructure Policy 2018 - SGST Reimbursement
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| For MSME & Large - 30% | Up to Rs 20 Lakhs | For investment above 50 Crore |
| For investment above 50 Crore - 50% | Up to Rs 50 Lakhs |
Environment Protection Incentives
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| For Large Projects: 30% For Large, Mega and Ultra Mega Projects: 30% | Max. Rs 20 lakhs | For a period of maximum 5 years |
Uttarakhand Aroma Park Policy - Interest Subsidy
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 6% | Max. up to 4 lakhs per annum | For a period of maximum 5 years |
Biotechnology Policy 2018-23 - Marketing Incentives
| Subsidy Rate | Subsidy Amount |
|---|---|
| Reimbursement of 30% of the actual costs incurred for marketing programs | Rs 2 Lakhs per year per company |
Listed below are some of the features of the Startup Subsidy in Uttarakhand for the entrepreneurs in various sectors.
| Region | Subsidy |
|---|---|
| Whole Districts of Pithoragarh, Uttarkashi, Chamoli, Champawat, Rudraprayag and Bageshwar | a) Interest Subsidy- 10%(Max 8 lakhs) b) Capital Subsidy- 40%(Max 40 lakhs) c) Transport Subsidy- 40%(Max 40 lakhs) |
| Whole District of Almora
â–º All hilly development blocks of District Pauri Garhwal, Tehri Garhwal |
a) Interest Subsidy- 8% (Max 6 lakhs) b) Capital Subsidy- 35% (Max 35 lakhs) c) Transport Subsidy- 5% (Max 5 lakhs) |
|
â–º Regions located above 650 meters from sea level in Raipur, Sahaspur, Vikasnagar and Doiwala development blocks of District Dehradun â–º Ramnagar and Haldwani development blocks of District Nainital |
a) Interest Subsidy- 6% (Max 4 lakhs) b) Capital Subsidy- 30% (Max 30 lakhs) |
| â–º Whole Districts of Haridwar and Udham Singh Nagar â–º Remaining area of District Dehradun and Nainital (which are not included above) |
a) Interest Subsidy- 5% (Max 3 lakhs) b) Capital Subsidy- 15% (Max 15 lakhs) |
Listed below are some of the additional information on Startup Subsidy in Uttarakhand that are offered to businesses in the region.
The Startup Subsidy in Uttarakhand is an initiative of Startup India that fosters innovation, entrepreneurship and economic development in the state. The Startup Subsidy in Uttarakhand provides financial aid and incentives to businesses through subsidy programs for Special Incentive Scheme for Women Entrepreneurs, Interest Subsidy, Rebate on Lease/Rental Space, Subsidy for BPO with Women Employees, Environment Protection Incentives, Monthly Allowance, Patent (Intellectual Property), Uttarakhand Aroma Park Policy - Interest Subsidy and more to support startups establish their business in the market. The Startup Subsidy in Uttarakhand promotes sustainable development and ensures that the startups can last and grow within the state.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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The Startup Subsidy in Uttarakhand promotes entrepreneurship, innovation and economic development in the state by providing financial support, infrastructure and incentives to startups.
The Startup Subsidy in Uttarakhand offers 14 subsidy programs which are:
1) Special Incentive Scheme for Women Entrepreneurs
2) Monthly Allowance
3) Patent (Intellectual Property)
4) Capital Grant
5) ETP Subsidy
6) Interest Subsidy
7) Rebate on Lease/Rental Space
8) Subsidy for BPO with Women Employees
9) Mega Textile Park Policy 2014
10) Uttarakhand Electric Vehicle Manufacturing, EV Usage Promotion and Related Services Infrastructure Policy 2018
11) Uttarakhand Electric Vehicle Manufacturing, EV Usage Promotion and Related Services Infrastructure Policy 2018 - SGST Reimbursement
12) Environment Protection Incentives
13) Uttarakhand Aroma Park Policy - Interest Subsidy
14) Biotechnology Policy 2018-23 - Marketing Incentives
The Startup Subsidy in Uttarakhand supports employment generation, offers financial aid for startups, marketing and development, encourages infrastructure growth and promotes innovation to solve initial challenges of local startups.
The Startup Subsidy in Uttarakhand is prominent for encouraging entrepreneurship, creating jobs and supporting sustainable development of startups and boosting the infrastructural development.
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