Govt to arrange investors for growth of startups

With a view to making Uttar Pradesh an innovation hub, Chief Minister Yogi Adityanath has asked the IT and Electronics department to motivate youths for new innovations by arranging investors for them. Along with financial assistance, other concessions are also being made available to them by the department.

The department is organising seminars in various districts to provide investors to entrepreneurs of the state. Bareilly, Kanpur, and Lucknow have been selected for the first phase.

“The biggest feature is that entrepreneurs are linked with investors in their districts so that they do not have to move to Delhi, Hyderabad or Bengaluru for their startups.