Uttar Pradesh has several state-funded loan and margin-money schemes for first-time entrepreneurs. Applications go through the Directorate of Industries portal.
Mukhyamantri Yuva Udyami Vikas Abhiyan (CM-YUVA)
Running (check the source for current terms)
- What it offers
- Phase 1: loans up to ₹5 lakh with 100% interest subsidy for four years. Phase 2: loans of ₹10–20 lakh with 50% interest subsidy for three years.
- Who it is for
- UP residents aged 21–40 with at least Class 8 education; priority for those trained under government schemes.
- Official source
- UP MSME scheme note · DI UP portal
ODOP Margin Money Scheme
Running (check the source for current terms)
- What it offers
- Margin money for units making the district's ODOP product: 25% of project cost (max ₹6.25 lakh) up to ₹25 lakh; tiered support above that, up to ₹20 lakh for projects over ₹1.5 crore.
- Who it is for
- Entrepreneurs aged 18+ making their district's One District One Product item; no education requirement.
- Official source
- UP MSME scheme note
Mukhyamantri Yuva Swarozgar Yojana
- What it offers
- Bank loans up to ₹25 lakh (industry) or ₹10 lakh (service), with 25% margin money from the state: up to ₹6.25 lakh (industry) or ₹2.5 lakh (service).
- Who it is for
- UP natives aged 18–40 who have passed high school and are not defaulters.
- Official source
- UP MSME scheme note
UP Micro and Small Industries Technical Upgradation Scheme
- What it offers
- Assistance of 50% or ₹5 lakh for installing advanced plant and machinery, and interest support on machinery loans, for quality, energy efficiency, packaging and testing upgrades.
- Who it is for
- Existing micro and small enterprises in UP.
- Official source
- UP MSME scheme note
Vishwakarma Shram Samman Yojana
- What it offers
- Six days of free skill training and an advanced toolkit for traditional artisans such as carpenters, tailors, potters, blacksmiths, cobblers and masons.
- Who it is for
- UP artisans aged 18+.
- Official source
- UP MSME scheme note
PM MITRA Park, Lucknow
- What it offers
- One of seven central PM MITRA mega textile parks.
- Who it is for
- Textile and apparel investors.
- Official source
- PIB
Last checked 11 Oct 2026 against the official sources linked for each scheme. If a scheme has closed or changed, tell us on Facebook.
Disclaimer: This page is general information, not legal, tax or financial advice. Scheme rules, limits and deadlines change, and eligibility is decided by the implementing agency or bank, not by us. Always read the official source linked for each scheme before you apply. OpportunityRaider is independent and is not a government website.