UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L — Frequently Asked Questions
Answers to the questions founders most often ask about UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the UP MSME Equity Reimbursement scheme?
It is a subsidy under the Uttar Pradesh Micro, Small and Medium Enterprises Promotion Policy 2022, provided by the Government of Uttar Pradesh. The scheme reimburses part of the expenditure that eligible MSMEs incur when raising equity funds through recognised stock exchanges.
How much money can I get back?
The maximum reimbursement is ₹5 lakh. Within that cap, the scheme covers 20% of your total eligible expenditure on the equity fund-raising process, so the actual amount depends on how much you spent.
What percentage of my costs is reimbursed?
You can claim 20 percent of the expenditure incurred on raising equity funds through the stock exchange. The payout cannot exceed ₹5 lakh.
Which businesses are eligible for this scheme?
Micro, Small and Medium Enterprises (MSMEs) that are registered in Uttar Pradesh and are raising equity funds through recognised stock exchanges. The reimbursement applies to expenditure incurred during that fund-raising activity.
Can an MSME outside Uttar Pradesh apply?
No. This programme is part of the Uttar Pradesh MSME Promotion Policy 2022 and is specifically for MSMEs registered and working inside Uttar Pradesh.
What expenses does the reimbursement cover?
The claim can include costs tied to the exchange-based equity raise. Examples are fees paid to lawyers and consultants, underwriting commissions, and similar public-issue expenses.
Does the scheme take equity in my company?
No. This is a reimbursement programme, so it provides financial assistance for costs you have already incurred. It does not ask for a stake in your company.
Is there a deadline to apply?
The scheme is listed as rolling or always open, so there is no fixed closing date in the details provided. Claims still need to follow the required format and the policy deadlines.
How do I apply for the reimbursement?
Claims go to the authority designated for the Uttar Pradesh MSME Promotion Policy 2022. Applications are made through the Nivesh Mitra portal at https://niveshmitra.up.gov.in/. The process usually starts with an application submission, followed by a document review and eligibility verification by the nodal agency.
What documents are typically needed?
The claim application usually requires detailed documentation of the expenditure incurred during the equity fund-raising. This can include bills, receipts, payment proof and written confirmation from the exchange about the fund-raising. Adhere to the format prescribed in the policy guidelines.
Is DPIIT recognition required for UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L, though having it can strengthen your application and unlock other benefits.
Who is eligible to apply for UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L?
UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L?
UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L is offered by Government of Uttar Pradesh, a government body. It is provided as non-dilutive funding.
← Back to UP MSME Equity Reimbursement: 20% Subsidy Up to ₹5L overview