Page 8 - Msme

Uttar Pradesh MSMEs to get up to Rs 5 lakh aid under new start-up policy

MSMEs in Uttar Pradesh will get marketing assistance of up to Rs five lakh under a new start-up policy, a senior official said here Tuesday. New start-up policy 2020, aimed at extending support and encouragement to start-ups and incubation centres in Uttar Pradesh has been notified, said Additional Chief Secretary (Electronics and Information Technology) Alok Kumar. Under the new policy, there is a window of up to Rs 5 lakh as marketing assistance to MSMEs," he added. Kumar gave this information while addressing a virtual conference on "Role of Information Technology in transforming MSMEs' future during COVID-19", a PHDCCI release said. The conference had been organized by the Uttar Pradesh Chapter of PHD Chamber of Commerce and Industry. Kumar also said the Department of IT & Electronics is working hand in hand with SIDBI to facilitate venture capital funding for new start-ups and MSMEs. Focusing on the important role that IT is playing these days, Additional Chief Secretary, ..

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