50 percent of all Startups in UP headed by women

50 percent of all Startups in UP headed by women

By: WE Staff | Friday, 24 March 2023

Approximately 50 percent of all startups in Uttar Pradesh are headed by women, said a government spokesman.

Akshay Tripathi, special secretary, IT and Electronics, stated that out of 8,714 registered startups in the state, 4305 are run by women entrepreneurs.

The state IT department gives extra 50 percent financial assistance to women entrepreneurs. The department, which is a nodal agency for startups, provides financial assistance of up to Rs 7.5 lakh to startups.

Additionally, the government also provides Rs 17,500 monthly sustenance allowance to entrepreneurs in the state.

Neha Misra is one such woman entrepreneur. She specializes in investment, insurance and pension planning and other financial matters. Neha started the Fin Lit Project to educate people on financial literacy. Hailing from Lucknow, Neha has developed a mobile application that has so far been downloaded by close to 5000 people.

Neha also conducts seminars and webinars to raise awareness about financial planning and investment. Similarly, there are thousands of other women startup owners in Uttar Pradesh who are doing a great job.