RISE Incubation Centre Receives Recognition Under Uttar Pradesh Startup Policy
RISE Incubation Centre, a flagship initiative of Jhansi Smart City Limited and operated by Incubation Masters Pvt. Ltd., has been officially recognized under the Uttar Pradesh Startup Policy – StartInUP. Within just one year, RISE has supported over 45 startups, contributing significantly to the entrepreneurial ecosystem in the Bundelkhand region. With this recognition, RISE will receive ₹1.5 crore in operational funding over five years, and its incubated startups will now be eligible for key government benefits including ₹17,500 per month sustenance allowance for idea-stage startups, up to ₹5 lakh for prototype development, and up to ₹7.5 lakh in seed or marketing support. This milestone marks a major step forward in strengthening Jhansi’s position as a growing hub for innovation and entrepreneurship. For more details, visit www.risejhansi.in .
Jhansi, Uttar Pradesh – The RISE Incubation Centre, a flagship initiative of Jhansi Smart City Limited, has achieved a major milestone by receiving official recognition as a state-approved incubator under the Uttar Pradesh Startup Policy – StartInUP.
A Leap Forward for Jhansi’s Startup Ecosystem
Established to cultivate an entrepreneurial culture in the Bundelkhand region, RISE Incubation has rapidly emerged as a catalyst for innovation and startup development. In just one year of operations, the center has supported 45+ startups across various sectors, providing access to critical infrastructure, mentorship, and market linkages.
With this new recognition by the Uttar Pradesh government, RISE is now empowered to extend significant policy-driven benefits to its incubated startups, further accelerating their growth journeys.
Key Benefits Under StartInUP Now Available at RISE
As a recognized incubator, RISE now qualifies for ₹1.5 crore in operational support over the next five years (up to ₹30 lakh annually), as per the state’s policy guidelines. Additionally, all startups incubated at RISE will have access to the following direct benefits: