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Rs 1,000-crore angel fund to boost 10K start-ups in Uttar Pradesh

According to a UP government spokesperson, incubators in fintech, education, health, agriculture, textile, and IT/IT-enabled services have been set up

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Till now, 15 incubators have come up in state universities, engineering colleges and private institutions.

Virendra Singh Rawat Lucknow
The Uttar Pradesh (UP) government has created an angel fund of Rs 1,000 crore to facilitate setting up 10,000 start-ups across sectors. So far, 6,800 start-up ventures come up with Noida, Ghaziabad, and Lucknow leading the pack.

According to a UP government spokesperson, incubators in fintech, education, health, agriculture, textile, and IT/IT-enabled services have been set up. The incubators aim to boost UP’s entrepreneurial talent and provide young entrepreneurs an inclusive start-up ecosystem. They will not only promote start-ups, but also give a push to mass employment opportunities and attract private investment.

Till now, 15 incubators have come up in state universities,