UP Is All Set To Welcome Entrepreneurship
Besides encouraging and promoting private participation in industrial and social development, the state offers enormous possibilities for progress and growth along with readily available labor assets and investor friendly policy. To boost entrepreneurship in UP, the Government has planned to setup India's largest incubation center at the outskirts of UP's capital city Lucknow.
Lucknow is seeing a new growth in sectors such as health care, infrastructure, and real estate. It has also experienced rapid urbanisation and industrialisation, with many steel and manufacturing industries opening up. Of late, Lucknow has been witnessing a steady scaling up of startup ecosystems in the private sector. The startup infrastructure and support system is growing faster which according to a research report is home to over 400 startups and counting. The UP startup ecosystem is proliferating in all dimensions viz. start-up funding, incubation, handholding, co-working space, knowledge sharing. With so many developments and endeavors towards startups to promote entrepreneurship and generate employment for youth, the start-up scene in UP shows a promising growth.
Do let us know your thoughts!