UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr — Frequently Asked Questions
Answers to the questions founders most often ask about UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much capital subsidy can my unit receive?
The subsidy works out to 10% of your Fixed Capital Investment, and the total is capped at ₹50 Crores. So the payout scales with how much you invest, up to that ceiling.
Is there a minimum investment I have to make?
Yes. Your IT or ITeS unit needs a capital investment of at least ₹5 Crores to be eligible. Projects below that level do not qualify for the incentive.
When does the money actually reach me?
The subsidy is paid in five annual instalments, and the schedule kicks in after your unit commences commercial operations. Each yearly instalment is capped at ₹10 Crores.
Do I have to repay the subsidy or give away equity?
Neither. This is a capital subsidy, so it is non-repayable, and because it is not an investment there is no equity dilution — you keep full ownership of your unit.
Which kinds of businesses qualify?
Eligible IT and ITeS units are the beneficiaries. That covers software development, BPO, KPO, data centres and other related technology-enabled services.
Does my company need to be registered in Uttar Pradesh?
The policy does not explicitly spell out a registration requirement. What it does require is that the fixed capital investment is made within Uttar Pradesh, which means the unit's operations sit in the state.
Is DPIIT recognition or MSME registration needed to apply?
No. DPIIT recognition and MSME registration are not listed among the scheme's conditions, and no particular entity type is prescribed.
Is there an application deadline?
No. Applications are accepted on a rolling basis, so the scheme stays open rather than closing on a fixed date.
How and where do I apply?
Applications are submitted through the designated state government portal or office as specified in the IT and ITeS Policy of Uttar Pradesh 2022 document. The state's single-window Nivesh Mitra portal at https://niveshmitra.up.gov.in/ is the online entry point.
What documents will I need to put together?
You should prepare documentation covering your fixed capital investment, your project or business plan, and your incorporation details. If the authorities ask for additional information or clarification during review, respond to those requests promptly.
Who is eligible to apply for UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr?
UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr?
UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr is offered by Government of Uttar Pradesh, a government body. It is provided as non-dilutive funding.
How do I apply for UP IT/ITeS Capital Subsidy Scheme 2022 — 10% FCI Back, Up to ₹50 Cr?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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