Uttar Pradesh Emerges as Strong Performer in MeitY's SAMRIDH Startup Accelerator Scheme
Uttar Pradesh has demonstrated a robust presence in the Ministry of Electronics and Information Technology's SAMRIDH (Start-up Accelerator of MeitY for Product Innovation, Development and Growth) scheme, with multiple accelerators and startups from the state being selected for crucial support and funding.
Impressive Selection and Funding Statistics
An official spokesperson shared comprehensive details on Tuesday, revealing the state's significant achievements. Under the SAMRIDH initiative, 10 accelerators from Uttar Pradesh submitted expressions of interest, with four being successfully selected. Through these chosen accelerators, a total of 35 startups from the state received valuable acceleration support.
More importantly, 27 of these startups secured substantial funding, resulting in a total disbursement of Rs 9.91 crore to Uttar Pradesh-based ventures. This financial injection is specifically designed to help startups strengthen their product development capabilities, expand into new markets, and enhance their technological competencies.
How the SAMRIDH Programme Operates
The SAMRIDH programme provides matching funding of up to Rs 40 lakh per startup, along with financial assistance for accelerators that mentor and support participating companies. This structured approach ensures that startups receive not just capital but also strategic guidance and market connections.
State Government's Strategic Efforts
State officials attribute these positive results to concerted efforts to improve coordination mechanisms, ensuring that Central government schemes reach entrepreneurs more effectively. Monitoring, mentorship, and market-linkage mechanisms have been systematically strengthened to guarantee that startups receive comprehensive support beyond mere capital infusion.
The state government credits this performance to an entrepreneurial ecosystem carefully cultivated in recent years through deliberate policy measures and administrative reforms. These initiatives include:
- A comprehensive startup policy framework
- Targeted promotion of the IT and electronics sectors
- Strategic infrastructure development
- A streamlined single-window system designed to simplify approvals and support services for new ventures
Diverse Startup Sectors Represented
Startups supported under the SAMRIDH scheme represent a wide spectrum of innovative sectors, including:
- HealthTech
- EdTech
- AgriTech
- FinTech
- Software services
- Consumer technology
The active participation of Uttar Pradesh startups across these diverse sectors signals a significant shift toward knowledge- and technology-driven economic growth, complementing the state's traditional economic foundations.
Positioning Uttar Pradesh as a Startup Hub
The state's commendable performance in the SAMRIDH programme contributes to broader strategic efforts to position Uttar Pradesh as an emerging startup hub. Officials emphasize the critical role of structured acceleration, expert mentorship, and targeted funding in helping early-stage companies scale effectively and sustainably.
This achievement underscores how coordinated government initiatives, when combined with entrepreneurial talent and supportive infrastructure, can create fertile ground for innovation and economic diversification in India's most populous state.
