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Himachal Pradesh

HP Udgam Scheme

Clean Energy & Entrepreneurship Support

The HP Udgam Scheme is a funding and mentorship initiative by HPCL (Hindustan Petroleum Corporation Limited) designed to support startups working in areas such as renewable energy, e-mobility, energy storage, biofuels, and digital solutions. It provides equity funding of up to ₹2.5 crore to help startups scale and commercialize their solutions.

HP Udgam Scheme applicants preparing a grant application
HP Udgam Scheme application support

Sapno Se Safalta Tak

  • Up to ₹2.5Cr

    Grant Potential

  • Grant

    Support Route

  • Startup

    Applicant Focus

  • India

    Application Access

Scheme Overview

What Is HP Udgam Scheme?

The HP Udgam Scheme is a funding and mentorship initiative by HPCL (Hindustan Petroleum Corporation Limited) designed to support startups working in areas such as renewable energy, e-mobility, energy storage, biofuels, and digital solutions. It provides equity funding of up to ₹2.5 crore to help startups scale and commercialize their solutions.

Vikas Bharat helps you check fit, prepare documents and structure a complete grant-ready application file.

Why Applicants Apply

  • 01

    High-Value Equity Funding

  • 02

    Mentorship

  • 03

    Infrastructure

  • 04

    Market Validation

  • 05

    Regulatory Support

What You Unlock

Benefits Of HP Udgam Scheme

Grant Support And Guidance To Help Innovators Build, Validate And Scale.

  • 01

    High-Value Equity Funding

    Grant or incentive support aligned to scheme guidelines and project evaluation.

  • 02

    Mentorship

    Mentorship and ecosystem guidance to sharpen the execution plan.

  • 03

    Infrastructure

    Structured documentation support for portals and implementing agencies.

  • 04

    Market Validation

    Pathways to pilots, market access and follow-on opportunities.

  • 05

    Regulatory Support

    Grant or incentive support aligned to scheme guidelines and project evaluation.

Who Qualifies

HP Udgam Scheme Eligibility

HP Udgam eligibility emphasizes startup maturity, sector relevance, and operational readiness.; Business Type: Private Limited Company preferred for equity participation.; DPIIT Recognition: Valid startup recognition is generally expected.; Company Age: Typically below 10 years from incorporation.; Business Stage: Working prototype or early market traction.

Applicant Profile

  • Eligible Applicant

    Individuals, startups or organisations covered under the scheme guidelines.

  • Project Fit

    A project aligned to the scheme sector, stage and impact requirements.

  • Innovation Focus

    A technology-led, scalable or high-impact solution where required.

Project & Compliance

  • Stage Readiness

    Idea, prototype, MVP or early traction as specified by the programme.

  • Compliance

    Registrations, KYC and statutory documents as applicable.

  • Documentation

    A complete proposal and supporting file ready for agency review.

How To Apply

HP Udgam Scheme Application Process

Prepare A Complete File, Submit Through The Official Channel And Progress Through Review To Grant Support.

  1. Ensure Eligibility
    STEP 01

    PROCESS

    Ensure Eligibility

    2

  2. Submit Application
    STEP 02

    PROCESS

    Submit Application

    3

  3. Evaluation And Selection
    STEP 03

    PROCESS

    Evaluation And Selection

    4

  4. Fund Disbursement
    STEP 04

    PROCESS

    Fund Disbursement

    5

  5. Interview/Discussion
    STEP 05

    PROCESS

    Interview/Discussion

    1

  6. Ensure Eligibility
    STEP 06

    PROCESS

    Ensure Eligibility

    2

Paperwork

Documents Required

Important: Vikas Bharat can help organise a complete, grant-ready documentation file.

  • Build a complete application file before submission for better review quality and turnaround.

  • Startup recognition certificate - Proof of startup india certificate and Registration.

  • Company incorporation documents - Certificate of Incorporation, MoA, and AoA.

  • Professional pitch deck - Detailing the problem, energy solution, and market size.

  • Financial records - Audited balance sheets and P&L statements.

  • Technology roadmap - Detailed description of the technology and TRL level.

  • Founder profiles - Resumes of the core team showcasing domain expertise.

  • MSME details - Copy of MSME Certification.

What is HP Udgam Scheme?
HP Udgam Scheme provides non-dilutive or grant-linked support to qualifying innovators, startups or organisations under its programme guidelines.
What funding support is available?
Selected applicants may receive support of about Up to ₹2.5Cr, subject to evaluation and scheme guidelines.
Who is eligible to apply?
HP Udgam eligibility emphasizes startup maturity, sector relevance, and operational readiness.; Business Type: Private Limited Company preferred for equity participation.; DPIIT Recognition: Valid startup recognition is generally expected.; Company Age: Typically below 10 years f
What documents are required?
Build a complete application file before submission for better review quality and turnaround., Startup recognition certificate - Proof of startup india certificate and Registration., Company incorporation documents - Certificate of Incorporation, MoA, and AoA., Professional pitch deck - Detailing the problem, energy solution, and market size..
FAQ Quick answers

HP Udgam Scheme Questions, Answered

Grant Support, Eligibility, Documents And The Application Process.

Still confused?

Talk To Our Experts

What is HP Udgam Scheme?

HP Udgam Scheme provides non-dilutive or grant-linked support to qualifying innovators, startups or organisations under its programme guidelines.

What funding support is available?

Who is eligible to apply?

What documents are required?

Talk To Us

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