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UP's CM Yuva Scheme Sparks 10,000+ Youth-Led Startups, Fuels Innovation

Uttar Pradesh is experiencing a significant entrepreneurial shift as its youth increasingly embrace innovation-driven startups over traditional family businesses, largely propelled by the state's CM Yuva scheme. Over 10,000 enterprises have been established under the initiative, with sectors like food services, computer training, and emerging digital platforms seeing the highest participation. Officials highlight that 10% of these ventures are based on innovative models, with a target to increase this share to 25% by the 2026-27 financial year. The scheme, supported by banks like Uttar Pradesh Gramin Bank, is providing a new direction to the state's startup culture, with Lucknow, Azamgarh, and Hardoi among the leading districts.

Key Points: UP CM Yuva Scheme: Over 10,000 Innovative Startups Launched

  • 10,000+ startups under CM Yuva
  • Shift from family businesses to innovation
  • Food & restaurant sector leads with 763 units
  • Target to raise innovative models to 25% by 2026-27
2 min read

Uttar Pradesh: Under 'CM Yuva' initiative, more than 10,000 innovative enterprises spring up

Uttar Pradesh's CM Yuva initiative fosters a startup boom, with over 10,000 innovative enterprises established by youth, shifting from traditional family businesses.

"Out of the total enterprises established... 10 per cent are based on innovative models. - Sarveshwar Shukla"

Lucknow, April 9

Uttar Pradesh is witnessing a remarkable shift in the entrepreneurial journey, with thousands of youths making a conscious switch to innovation-driven start-up ecosystem, rather than getting involved in family-run businesses.

The new trend has picked up among the state's youth and is witnessing their increased participation in new-age sectors. The 'CM Yuva' scheme is the force behind this new trend as several innovation-driven start-ups are springing up across the state, with many youth grabbing the opportunity to turn 'job creators'.

According to an official statement, more than 10,000 innovative enterprises have been established so far in the state under the 'CM Yuva' initiative, indicating a rapid rise in entrepreneurial confidence among young people. Youth are moving beyond traditional businesses and making their mark in modern and emerging sectors.

According to Sarveshwar Shukla, Nodal Officer of 'CM Yuva' and Joint Commissioner Industries, schemes like 'CM Yuva' have not only expanded employment opportunities but are also playing a key role in realising the vision of Atmanirbhar Bharat.

Sharing information about the one-of-its-kind initiative, he said, "Out of the total enterprises established so far under the scheme, 10 per cent are based on innovative models. As per the vision of the Chief Minister, a target has been set to increase this to 25 per cent in the current financial year 2026-27."

Sector-wise data shows that food and restaurant businesses have emerged as the top choice among youth, with the highest number of 763 enterprises established. Other sectors with active participation include computer training with 370 enterprises, pathology sampling with 260, fast food with 253, franchise-based models with 253, and online teaching with 189 enterprises.

Additionally, emerging sectors such as gyms with 170 enterprises, mobile IT and digital platforms with 120, travel and tourism with 117, and cloud kitchens with 117 enterprises are also witnessing rapid growth.

Lucknow (with 287 enterprises) is said to be spearheading this trend, being followed closely by Azamgarh (286 enterprises) and Hardoi (with 262 enterprises). Other leading districts include Jaunpur, Ambedkar Nagar, Kanpur, Varanasi, Raebareli, Bareilly and Firozabad. This initiative has provided a new direction to the start-up culture in the state.

Banks have played a vital role in strengthening the start-up ecosystem. Uttar Pradesh Gramin Bank has provided loans to the highest number of innovative models, totalling 2,133. Other major contributors include State Bank of India, Bank of Baroda, Punjab National Bank and more.

- IANS

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Reader Comments

S
Sarah B
As someone who works in the development sector, I'm impressed by the data. 10,000 enterprises is a significant number. The focus on increasing innovative models from 10% to 25% is the right target. Hope they also provide mentorship and market linkage support, not just loans.
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Priya S
Bahut badhiya! My cousin in Azamgarh started a cloud kitchen with help from this scheme. He's doing well and even hired two local boys. It's heartening to see districts like Azamgarh and Hardoi featuring so prominently, not just the metros. Real change is happening in small towns.
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Rohit P
Good initiative, but the article only shows the success stories. What about the failure rate? Starting a business is hard. I hope the scheme has a proper monitoring mechanism to ensure the loans are used properly and entrepreneurs get sustained hand-holding, not just initial funding.
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Kavya N
The sector breakdown is interesting. Food & restaurant at the top makes sense given our culture, but glad to see mobile IT, digital platforms, and online teaching also growing. This mix of traditional and new-age is perfect for a diverse state like UP. Jai Hind!
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Michael C
This is a positive step for India's most populous state. Creating job creators is more sustainable than just seeking jobs. The involvement of banks like UP Gramin Bank is crucial for grassroots reach. Hope this model can be replicated in other states as well.

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