How to Apply for UP Startup Interest Subvention Scheme — 4% Off Loans Up to ₹2 Cr

There is no pitch round, demo day or competitive shortlisting here. Once a complete application reaches the nodal agency that administers the UP Startup Policy, it moves through an administrative review.

• Document check — the agency confirms the submission is complete and the supporting papers are accurate.
• Eligibility verification — the startup's registration, the terms of its term loan and the interest already paid are examined against the policy conditions.
• Cross-verification with the lender — the details submitted are matched with the scheduled bank or financial institution that issued the loan.
• Approval — startups that demonstrate full adherence to the laid-out conditions are approved for the subvention.
• Disbursement — approved amounts flow to the lending institution on a half-yearly basis for the sanctioned duration.