Chief Minister Young Entrepreneur Development Campaign (MYUVA) Scheme

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🚀 Chief Minister Young Entrepreneur Development Campaign (MYUVA Scheme)

Government of Uttar Pradesh initiative launched in 2024.
Aims to promote entrepreneurship among youth.
Provides financial assistance to educated & skilled youth for starting enterprises.
Encourages self-employment and contributes to economic growth.

Interest-Free Loan: Up to ₹5 lakh for 4 years for industrial & service sector projects.
Employment Generation: Target to prepare 1 lakh entrepreneurs annually, creating ~10 lakh jobs in a decade.
Second-Phase Financing: After repayment, eligible for up to ₹7.5 lakh loan.
Digital Incentives: Grants to encourage digital transactions.

Education:
- Trained under govt. schemes like Vishwakarma Shram Samman Yojana, ODOP Toolkit, etc.
- Holds certificate, diploma, or degree from recognized institutes.
Age: 18–45 years.
Residence: Must be a resident of Uttar Pradesh.

Step 1: Visit the official MYUVA online portal.
Step 2: Submit required documents (educational, residence, project proposal).
Step 3: Application undergoes eligibility check & verification.
Step 4: Loan facilitated via nationalized, scheduled & rural banks or RBI-notified institutions.

      👉 The MYUVA Scheme empowers Uttar Pradesh’s youth to become self-reliant entrepreneurs, boosting employment and economic growth.
    

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