Adityanath launches 'UP Startup Fund', hands over Rs 15 cr to SIDBI
Uttar Pradesh

Adityanath launches 'UP Startup Fund', hands over Rs 15 cr to SIDBI

Agency News

Lucknow, May 20: Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday launched the 'Uttar Pradesh Startup Fund' and handed over the first installment of Rs 15 crore to Small Industries Development Bank of India (SIDBI), strengthening possibilities of job creation.

“Under our new start-up policy, we can motivate more and more youth to launch their own start-ups. Under the new package announced by the Government of India for MSMEs, the MSME Department of the state has taken the first step forward under which a huge online loan fair was organised and the process of giving loan to entrepreneurs has been completed. Similarly, we have carried forward many other works as well,” he said. A new startup policy for agriculture, health, education and other important sectors should be made, so that youth of the state could connect with it, he added.(UNI)

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