Support startups: CM to technical universities in UP

In the meeting, he said, “Innovation must keep pace with changing technology and global market trends. To achieve this, Centres of Excellence should be established to drive new innovations. Centres for Innovation must also be established in all three technical universities for which the government will provide the necessary funding.”

The CM reiterated that while the government has ample funds, young innovators often lack financial support. He stressed the importance of channeling funds through universities to empower students.

He instructed officials to draft a detailed plan to implement these measures. He also called for development of trades based on global market mapping .

Adityanath said, “Technical universities should provide space for ODOP (One District One Product) initiatives alongside modern technology.”

He directed universities to collaborate with IITs to enhance their innovation capabilities.

A contribution of Rs 400 crore was approved two years ago to support startups. Simultaneously, investment managers were expected to contribute between Rs 1,200 crore and Rs 3,600 crore.

The Chief Minister proposed equalising the contributions of the state government and investment managers.