UPICON empowers state’s youth through M-YUVA Yojana

Lucknow : The Yogi government’s M-YUVA Yojana is empowering the youth of Uttar Pradesh to become self-reliant while driving economic growth. Uttar Pradesh Industrial Consultants Limited (UPICON) plays a pivotal role in this initiative, fostering entrepreneurship and supporting small businesses statewide.

Through the M-YUVA scheme, UPICON has introduced several measures to nurture entrepreneurial talent. Experienced chartered accountants and financial experts have been appointed in every district to provide end-to-end guidance for budding entrepreneurs.

A total of 17 experienced chartered accountants and financial experts are being appointed at the divisional level. In 15 divisions, these experts are already offering guidance to entrepreneurs at every stage of their business.

These professionals assist in feasibility studies, market analysis, and preparing detailed project reports, creating clear pathways to success.

The scheme also facilitates financial assistance by coordinating with leading banks, offering a strong foundation for small businesses and startups.

In this sequence, retired bankers are being deployed in every district of the state, who will assist new entrepreneurs by establishing coordination between the beneficiary and the bank for financial assistance.

So far, bankers have been deployed in 50 districts. The scheme serves as a major foundation for small business ventures and startups. In addition to funding, young entrepreneurs receive practical and technical support to execute their business plans. To support this, these bankers have prepared profiles for over 300 projects, with plans to expand the collection to 1,000.

Alok Kumar, Principal Secretary and Chairman of the MSME Promotion Department, has emphasized focusing on innovative areas such as e-commerce, green technology, and digital services.

He said, “These forward-looking projects are designed to equip youth with the skills and tools needed to thrive in emerging industries, fostering a new generation of successful entrepreneurs in Uttar Pradesh.”

The M-YUVA Yojana has become a beacon of hope for youth in both urban and rural areas, fostering self-reliance and boosting employment opportunities by promoting small businesses.

UPICON’s dedicated efforts have redefined entrepreneurship in Uttar Pradesh as a catalyst for innovation and empowerment. Through this initiative, the state is witnessing a surge in employment opportunities, paving the way for economic growth.

With a vision to transform Uttar Pradesh into an entrepreneurship hub, UPICON is providing comprehensive support to aspiring entrepreneurs. From financial and technical assistance to preparing detailed project outlines, the M-YUVA Yojana ensures every possible resource is available to help businesses thrive.

Furthermore, those doing digital transactions are also benefiting from the scheme. New and young entrepreneurs can avail the benefits by visiting https://msme.up.gov.in.

This collaboration between the M-YUVA Yojana and UPICON creates jobs and accelerates the state’s overall economic progress. Uttar Pradesh is on a path to establishing itself as a leading hub for entrepreneurship and innovation in the country.