Scheme Name: Uttarakhand Startup Policy 2018

State: Uttarakhand

Description of the Scheme: Fiscal Benefits Incentives to startups and incubators

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

Any entity recognised as a start-up by the startup council will be eligible to avail the following benefits/ incentives:

Monthly allowance: Rs.10,000 for one year (Rs.15,000 for Startups operated by SC/ST, women, physically challenged or belonging to category-A regions of MSME Policy 2015.

Marketing assistance: Up to Rs. 5 lakhs for marketing publicity of innovative product. Up to Rs. 7.5 lakhs if operating business in focus sector run by SC/ST, women/ physically challenged Category-A regions as per MSME policy2015.

Patent (Intellectual Property): 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 for Indian Patent and up to Rs.5 lakh for International patents.

Stamp duty: Stamp duty exemption lease deed place purchase of space as per category defined in MSME Policy 2015.(100% in Category A. B, B+ 50% in Category -D)

State Goods & Services Tax (GST): SGST deposited by start-ups will be reimbursed.

Incubation space: Space at recognised incubators at 25% discount for startups operated by SC/ST/Women Physically challenged and recognised by Startup Council.

Need based assistance: Max up to Rs. 5 lakhs towards cost of raw material components and other related equipment required for the innovative process for new product development/ existing product improvement.

Capital grant: One time capital grant of 50% of capital cost (excluding cost of building and land) up to Rs. I crore to set up or scale up incubation facility)

Running expense: Rs. 2 lakhs per year as part of operating and management expenses, for 3 years

Matching grant: A sum equal to that obtained from Govt. of India or Rs. 2 crore, whichever is lesser as alternate finance to incubators recognised by State Govt. which are managing seed fund scheme of Govt. of India.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

https://startuputtarakhand.com/startup-uttarakhand/registration

Whom to Contact:

Start-up Cell

C/o Directorate of Industries Industrial Area, Patel Nagar. Dehradun, Uttarakhand - 248001

Tollfree: 18002748901 Mon to Sat, 10 AM to 5 PM) Email: startupcelluk@gmail.com