India’s economic landscape is powered by two strong engines—MSMEs (Micro, Small & Medium Enterprises) and startups. Together, they fuel innovation, entrepreneurship, and job creation across sectors. To strengthen these pillars, the Government of India has introduced several schemes for MSME, aimed at boosting financial support, digital transformation, technology adoption, skill development, and ease of doing business. Whether you’re an established MSME or an emerging startup, these initiatives ensure that you receive the right launchpad for sustainable growth.
1. Prime Minister’s Employment Generation Programme (PMEGP)
PMEGP is one of the most popular schemes for MSMEs, offering subsidies ranging from 15–35% to encourage new manufacturing and service units. This scheme is ideal for first-time entrepreneurs who want to start micro-enterprises with government-backed financial support.
2. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
CGTMSE provides collateral-free loans up to ₹2 crore for MSMEs. This initiative reduces the financial burden on new and existing businesses and encourages them to take loans without offering assets as security.
3. MSME Sustainable (ZED) Certification Scheme
The ZED scheme promotes quality manufacturing and green processes. MSMEs receive financial assistance for certification, training, and technology upgrades, making them more competitive in domestic and global markets.
4. Stand-Up India Scheme
A dedicated government scheme for startups in India, Stand-Up India supports women entrepreneurs and individuals from SC/ST communities by offering loans between ₹10 lakh and ₹1 crore. The scheme focuses on strengthening inclusivity in the entrepreneurial ecosystem.
5. Startup India Seed Fund Scheme (SISFS)
This scheme provides financial assistance to tech-enabled startups for prototype development, MVP creation, product trials, and market entry. With funding support through incubators, SISFS plays a key role in nurturing early-stage businesses.
6. Mudra Loans (Shishu, Kishor, and Tarun)
Under the Pradhan Mantri Mudra Yojana, startups and MSMEs can access loans up to ₹10 lakh without collateral. It remains one of the most preferred financing options for small businesses and entrepreneurs.
7. Atal Innovation Mission & Atal Incubation Centers
AIM supports innovative projects, research efforts, and incubation centers across India. Startups receive mentorship, infrastructure, and funding support to build scalable businesses.
How Invest UP Strengthens MSMEs and Startups in Uttar Pradesh
A vital part of India’s entrepreneurial revolution is the support provided by state-level agencies. In Uttar Pradesh, Invest UP (Uttar Pradesh Investors Promotion & Facilitation Agency) plays a crucial role in enabling business success. Acting as a single-window system, Invest UP helps MSMEs and startups access government schemes, incentives, and subsidies quickly and efficiently.
It bridges the gap between entrepreneurs and state departments—ensuring faster approvals, policy guidance, location assistance, and seamless setup of new ventures. With programs like ODOP (One District One Product) and startup incubation support, Invest UP empowers MSMEs and emerging entrepreneurs to unlock opportunities, scale operations, and contribute to UP’s high-growth industrial ecosystem.
Conclusion
With a wide range of government schemes for startups in India, entrepreneurs today have unparalleled opportunities to launch and grow impactful businesses. From financial support and technology upgrades to incubation and market expansion, these schemes create a robust foundation for long-term success. And with dedicated facilitation agencies like Invest UP, businesses in Uttar Pradesh enjoy even stronger support, making the state one of India’s most promising destinations for innovation and entrepreneurship.
