StartupUttarakhand

The Government of Uttarakhand has come up with an Uttarakhand Startup Policy 2018 which shall remain in force for a period of seven year from the day of coming into effect. The policy document can be accessed by visiting Uttarakhand Startup Portal (www.startuputtrakhand.com).

The Department of MSME under the Government of Uttarakhand is the Nodal Department under the Uttarakhand Startup Policy 2018 for supporting Startup ecosystem

Director General / Commissioner Industries is the Nodal Officer for supporting startup ecosystem

The Nodal Department has established a Startup cell with a dedicated team to support and handhold all key stakeholder in the startup ecosystem.

The startup cell can be contacted by dialing Toll Free No: 1800 274 8901 or by dropping an email at [email protected]

The startup cell can be contacted on all working days between 1000 hrs to 1700 hrs

An entity shall be considered as Startup if it is working towards innovation or improvement of existing products, processes or services and should have a scalable business model having potential to generate employment and create wealth.

Yes, there is a need to form a legal entity for getting recognized as a startup.

The Startup should be an entity incorporated as a Private Limited Company (as per the Companies Act 2013) or registered as a Partnership Firm (under the Partnership Act, 1932) or a Limited Liability Partnership (under the Limited Liability Partnership Act, 2008). The entity should have been incorporated in Uttarakhand or should also operate from Uttarakhand.
An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup"

Yes, up on fulfilling the below conditions Startups registered in other state becomes eligible for getting recognition under Uttarakhand Startup Policy 2018

• The startups operates from Uttarakhand and
• It employs at least 50 percent of its total qualified workforce from Uttarakhand, which shall not include contract or part-time employees

Under Uttarakhand Startup Policy 2018, an entity shall be considered as a startup up to 7 years from the date of its incorporation and in case where the entity is operating in biotech sector, up to 10 years from the date of its incorporation.
An entity shall cease to be a startups if it crosses the turnover of INR 25 Crores in any of the previous financial years.

An entity which fulfills the basic criteria for getting recognised as a ‘Startup’ can apply online through Uttarakhand Startup portal at https://startuputtarakhand.com/startup-uttarakhand/registration
You are required to fill the basic details, upload the certificate of incorporation/registration of entity, submission of the pitch deck/business plan and explain how your startup is working towards innovation, development or improvement of products or processes or services, or its scalability in terms of employment generation or wealth creation.

Yes, if your entity gets recognised as startup by Uttarakhand Startup Council, you would be able to download a system generated verifiable Certificate of Recognition.

The startup recognised by the Uttarakhand Startup Council shall become eligible for the following incentives

• Monthly allowance of Rs. 10,000 per month for a period of year and Rs. 15000 in case as of Startup Led by SC/ST/Physically challenged/Women entrepreneurs
• Need based assistance up to Rs. 5 lakhs for Cost of Raw material/components & other related equipments required for the innovative process as a onetime assistance
• Marketing Assistance up to Rs. 5 lakhs and up to Rs. 7.5 lakhs 15000 in case as of Startup Led by SC/ST/Physically challenged/Women entrepreneurs or beleong to category A district of Uttarakhand MSME Policy to meet the expenditure related to the marketing and promotion of the innovative products, process or services as a onetime assistance
• Reimbursement of expenses for filing Intellectual Property up to 1 lakh of national patent and up to 5 lakh for international patent
• Exemption from Stamp Duty on lease deed/space/purchase of land as per the category defined in the Uttarakhand MSME Policy 2015
• Reimbursement of SGST after the adjustment of the applicable ITC up on supply of material by concerned firm/industry for consumption (B2C) within the state

After getting the certificate of recognition, the startup shall log in into their account by visiting Uttarakhand Startup Portal and click on Apply for Incentives tab. You are required to fill the requested information and upload the relevant documents and then click on submit.

Yes, the startups can track the stratus of their application online by visiting the below link:
https://startuputtarakhand.com/startup-uttarakhand/checkapplicationstatus

Any entity can get the clearances for starting the firm from the Single Window Clearances System by clicking on Single Window Clearance System under About Us Tab or by visiting https://startuputtarakhand.com

Yes, the selected startups may get financial and/or non-financial support to participate in the National and International Exhibitions.