CM Yuva Portal: Free Loan Scheme for Youth Entrepreneurship in Uttar Pradesh

🚀 CM Yuva Portal: Free Loan Scheme for Youth Entrepreneurship in Uttar Pradesh

🌐 What is the CM Yuva Portal?

The CM Yuva Portal, officially known as Mukhyamantri Yuva Udyami Vikas Abhiyan, is a flagship initiative by the Government of Uttar Pradesh to empower youth through entrepreneurship, employment, and self-reliance. The portal helps young individuals launch their own businesses with:

Interest-free business loans
Business incubation & training
Skill development programs
Government-backed support & mentoring
Online registration & application portal

🔗 Portal Website: msme.up.gov.in

🎯 Key Objectives of the CM Yuva Scheme

Promote self-employment among Uttar Pradesh youth
Provide financial assistance for small businesses
Support 1 lakh new entrepreneurs every year
Create employment in both rural and urban areas

✅ Eligibility Criteria for CM Yuva Portal

Applicant must be a resident of Uttar Pradesh

Age: 21 to 40 years

Education: Minimum Class 8 pass (Intermediate preferred)

Must have completed training under:

PMVK
ODOP
NSSH
UPSDM
SIDH
KVIC

Should not be receiving benefits under any other Central/State grant scheme

💰 Financial Assistance: Interest-Free Loans for Youth

📌 Phase-1 Loan Scheme

Loan Amount: Up to ₹5 lakh
Interest-Free and Collateral-Free
Margin Money:
- General Category – 15%
- OBC – 12.5%
- SC/ST – 10%
Grant after 4 years of successful operation

📌 Phase-2 Scale-Up Scheme

Eligible only after Phase-1 repayment
Loan up to ₹10 lakh
50% interest-free, up to ₹7.5 lakh max benefit

Note: Business types such as tobacco, alcohol, fireworks, and banned plastic are not eligible.

📦 Supported Business Categories

CM Yuva supports a wide range of trending and practical business models:

Business on Wheels: Doorstep services, IT vans, grooming, car cleaning
Food Businesses: Mobile cafés, food trucks, cloud kitchens, tiffin services
Manufacturing: Paper bags, garments, herbal soaps, food processing
Technology & Professional: Drone services, digital marketing, 3D printing
Rental & Franchise: Fitness centers, vehicle rentals, branded kiosks
Rural Businesses: Mushroom farming, tailoring, solar equipment sales

🎥 Watch business model videos

📋 Business Support & Incubation

With the help of msmeup.iid.org.in, entrepreneurs get:

Industrial documentaries & idea guides
Prototype project reports & cost sheets
Online webinars & mentorship
Udyam registration & compliance help
Bankable project report templates