Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)
Fueling the dreams of Uttar Pradesh's youth with financial support and interest-free loans.
About the Scheme
The Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA) is a flagship initiative by the **Government of Uttar Pradesh** designed to empower educated and skilled youth to become self-reliant entrepreneurs.
This scheme provides interest-free loans for projects up to **₹5 Lakhs** in the service and industry sectors, aiming to create 1 Lakh micro-enterprises every year. It serves as a launchpad for young startups by removing the burden of interest payments in the initial phase.
Mission:
To generate employment for 10 Lakh people over the next 10 years by fostering a culture of entrepreneurship.
Scheme Benefits & Funding
Loans up to ₹5 Lakh
Get project financing up to ₹5 Lakhs for setting up new micro-units in Industry or Service sectors.
- 100% Interest Subsidy for 4 years
- Repayment Moratorium: 6 Months
Expansion Support
After successfully repaying the first loan, get double the amount or up to ₹10 Lakhs (maximum ₹20 Lakhs total).
- Additional Capital for Growth
- Continued government support
Digital Transaction Bonus
Earn ₹1 per digital transaction, up to ₹2000 per year as an additional grant.
Eligibility Criteria
Who can apply for this scheme?
Residency
Must be a permanent resident of Uttar Pradesh.
Age Limit
Between 21 to 40 years of age.
Education
Minimum 8th Pass (Intermediate given preference).
Employment
Should not be currently employed or defaulting on loans.
Required Documents
- 1 Aadhaar Card & PAN Card
- 2 Educational Certificates (8th/10th/12th)
- 3 Income & Caste Certificate (if applicable)
- 4 Project Report (DPR) of Proposed Business
- 5 Bank Passbook Copy
Application Process
Register
Create an account using your Aadhaar and Mobile Number.
Fill Application
Complete the online form for 'Mukhyamantri Yuva Udyami Vikas Abhiyan'.
Submit DPR
Upload your Detailed Project Report and other documents.
Need Help with Your Project Report?
J.S. Enterprises can assist you in preparing a professional Detailed Project Report (DPR) for your solar business to ensure loan approval.
