Introduction to

Incubation Centre
Scheme
The Incubation Centre Scheme is an initiative by the Indian government to
support and nurture startups and entrepreneurs. These centers provide access to
resources, mentorship, and funding to help new ventures grow and succeed.
Overview of the Scheme
What is the Incubation Centre Scheme?
The Incubation Centre Scheme is an initiative
launched by the Government of Uttar Pradesh, India
to foster entrepreneurship and support the growth of
startups in the state. The scheme aims to provide
comprehensive support to aspiring entrepreneurs and
early-stage companies.
Key Components of the Scheme
The scheme offers incubation facilities, access to
funding, mentorship programs, and networking
opportunities to help startups develop their ideas and
scale their businesses. It also provides infrastructure,
shared working spaces, and technical assistance to
incubatees.
Objectives of the Scheme
Foster Entrepreneurship
The incubation center scheme
aims to nurture a culture of
innovation and entrepreneurship
by providing budding startups
with the necessary resources and
guidance to turn their ideas into
successful businesses.
Enhance Skill
Development
The scheme focuses on
developing the skills and
capabilities of entrepreneurs
through comprehensive training
programs, mentorship, and access
to industry experts, helping them
gain the expertise needed to scale
their ventures.
Promote Technology
Commercialization
The incubation centers facilitate
the commercialization of
innovative technologies by
assisting startups with intellectual
property management, product
development, and market access,
fostering the growth of
technology-driven enterprises.
Eligibility Criteria for Incubation Centres

Legal Entity Dedicated Facility

Incubation centres must be registered as a legal The centre must have a dedicated physical space
entity, such as a company, society, or trust, to be with appropriate infrastructure and facilities to
eligible for the scheme. support incubation activities.

Experienced Team Funding Commitment

A team of experienced professionals with The centre must have a demonstrated commitment
expertise in various domains must be in place to to funding and supporting the growth of the
mentor and guide the startups. startups in their incubation program.
Application Process and Selection Criteria

Submission
1 Submit detailed application forms

Evaluation
2
Technical and business assessment

Shortlisting
3
Promising applicants selected for interview

Selection
4 Final decision based on comprehensive review

The application process for the UP government's incubation centre scheme involves submitting detailed forms that
provide information about the proposed business idea, team, financial projections, and other key details. These
applications undergo a rigorous evaluation by a panel of experts, who assess the technical feasibility and
commercial viability of the proposals. Shortlisted applicants are then invited for in-person interviews, and the final
selection is made based on a comprehensive review of all the application materials and interview performance.
Funding and Financial Support
The Incubation Centre Scheme provides robust financial assistance to eligible institutions. Incubation centres can
receive up to 100% of the approved project cost in the form of grants from the government. This funding covers
expenses such as infrastructure development, equipment procurement, and operational costs.

Funding Scope Up to 100% of approved project cost

Funding Components Infrastructure, equipment, operations

Funding Mechanism Government grants to eligible institutions

In addition to the initial grant, the scheme also offers incentives and subsidies to incubation centres and the startups
they support. These include tax benefits, access to venture capital, and preferential treatment in public procurement.
Infrastructure and Facilities Provided
Incubation centers established by the UP government
offer state-of-the-art infrastructure and
comprehensive facilities to nurture startups. This
includes modern office spaces, high-speed internet,
conference rooms, co-working areas, and access to
cutting-edge equipment and technology.

Startups also benefit from specialized labs,

prototyping workshops, and industry-specific
resources tailored to their needs. Incubation centers
provide essential business support services such as
legal, accounting, and marketing assistance to help
startups thrive.
Mentorship and Guidance Programs
Expert Mentors
Incubation centers provide access to experienced
entrepreneurs, industry experts, and seasoned
professionals who offer one-on-one mentorship
to guide startups through critical business
decisions.
Skill Development Workshops
Regular workshops and training sessions cover a
wide range of topics, from product development
to marketing and fundraising, equipping
founders with the necessary skills to grow their
businesses.
Networking Opportunities
Startups can connect with a broader ecosystem
of investors, potential partners, and like-minded
entrepreneurs to expand their reach and explore
collaboration opportunities.
Access to Advisors
Incubation centers offer startups the chance to
consult with legal, financial, and industry
experts who provide valuable insights and
guidance to navigate complex business
challenges.
Success Stories and Impact

The Incubation Centre Scheme has fostered the growth of numerous successful
startups across India. Innovative entrepreneurs have leveraged the resources and
guidance provided to transform their ideas into thriving businesses.

Several incubated startups have gone on to secure significant funding, expand

their operations, and create valuable jobs in the local communities. These success
stories showcase the scheme's impact in nurturing the entrepreneurial ecosystem
and driving economic development.
Conclusion and
Future Prospects
The Uttar Pradesh Incubation Centre Scheme has made significant strides in
fostering entrepreneurship and innovation in the state. As the program continues
to evolve, there are exciting prospects for its future growth and impact.