HP Udgam Scheme:Equity Funding for Renewable Energy Startups
Apply for HP Udgam Scheme and get access to high-value equity support for renewable energy and digital innovation startups.
What is the HP Udgam Scheme?
HP Udgam is an innovation-focused funding and mentorship initiative for early-stage startups in energy transition and industrial digitalization.
It supports startups in areas such as renewable energy, e-mobility, biofuels, and digital optimization for energy systems.
The scheme helps founders move from prototype to pilot and scale with strategic ecosystem support.
Benefits of the HP Udgam Scheme
High-Value Equity Funding
Up to ₹2.5 crore support for eligible startups.
Mentorship
Domain guidance from experts and industry leaders.
Infrastructure
Support for testing, validation, and pilot development.
Market Validation
Better investor confidence through strategic pilot pathways.
Regulatory Support
Guidance for compliance and documentation readiness.
Eligibility Criteria for the HP Udgam Scheme
HP Udgam eligibility emphasizes startup maturity, sector relevance, and operational readiness.
Private Limited Company preferred for equity participation.
Valid startup recognition is generally expected.
Typically below 10 years from incorporation.
Working prototype or early market traction.
Financial visibility and stability evidence expected.
Strong fit with energy, mobility, sustainability, or digital domains.
Documents Required for the HP Udgam Scheme
Build a complete application file before submission for better review quality and turnaround.
Startup recognition certificate
Company incorporation documents
Professional pitch deck
Financial records
Technology roadmap
Founder profiles
MSME details
How to Apply for the HP Udgam Scheme
Ensure Eligibility
Submit Application
Evaluation and Selection
Fund Disbursement
Interview/Discussion
Ensure Eligibility
Submit Application
Evaluation and Selection
Interview/Discussion
Fund Disbursement
Frequently Asked Questions
Apply for HP Udgam Scheme
Scale your startup with strategic funding and domain-backed support.