ENA State 2023-10-31 13:22:17 <p><span style="font-size:14px"><strong>Lucknow, Oct 31 (KNN)</strong> The UP government has dedicated Rs 1,000 crore rupees to bolster the UP Startup Fund, aiming to foster innovative business initiatives and enhance the startup ecosystem.</span></p> <p><span style="font-size:14px">As per reports, the state has created a network of more than 60 incubators to fund startups.</span></p> <p><span style="font-size:14px">Efforts are being made to promote startups in advanced areas, such as artificial Intelligence (AI), drones, med-tech, blockchain, 5G, 6G, quantum computing, additive manufacturing, space tech, etc, a senior government official said.</span></p> <p><span style="font-size:14px">At present, India has 108 unicorns and eight of them belong to the state. Currently, there are also two soonicorn startups, Class Plus and InShorts that are working in the state.</span></p> <p><span style="font-size:14px">The states startup ecosystem also includes minicorns. This shows the diverse range of enterprises flourishing under the Yogi Adityanath governments policy framework, the official said.</span></p> <p><span style="font-size:14px">The state had set a target of 10,000 startups by 2025, which it claims, is already achieved.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35334 https://knnindia.co.in/news/newsdetails/state/uttar-pradesh-commits-rs-1000-crore-to-fuel-startup-growth-and-innovation 2023-10-31 13:22:17 knnindia.co.in