Uttar Pradesh Launches MICE Incentive Scheme to Promote MSMEs Globally December 19, 2025 MSME Sampark Msme News 0 Lucknow: Under the leadership of Chief Minister Yogi Adityanath, the Uttar Pradesh government has announced its first-ever MICE (Meetings, Incentives, Conferences and Exhibitions) Incentive Scheme to connect the state’s MSMEs with national and international markets. The scheme is part of the Uttar Pradesh Export Promotion Policy 2025–2030 and aims to strengthen exports, attract investment, and establish ‘Brand UP’ on the global stage. The initiative is expected to provide international exposure to entrepreneurs, encourage business tourism, and create new employment opportunities across the state. Key Objectives of the Scheme The MICE Incentive Scheme has been introduced with the following goals: Promote global visibility of Brand UP Provide international opportunities to MSME entrepreneurs Boost exports from Uttar Pradesh Attract domestic and foreign investment Develop Uttar Pradesh as a major MICE hub in India Generate employment opportunities for youth Financial Assistance Under the Scheme To encourage the organization of international events in the state, the government will provide: ₹7,000 per foreign participant, or Up to a maximum of ₹6 lakh per event Each eligible MICE operator can avail the benefit for up to two events in a year. Who Can Apply? The scheme is open to: MSME-category MICE operators/event management companies Units registered in Uttar Pradesh Organizations registered with relevant departments and councils Events recognized by the Ministry of Tourism, Government of India Event Eligibility Conditions For an event to qualify under the scheme: The event must be organized within Uttar Pradesh Services like catering, logistics, etc., must be sourced from local vendors At least 100 participants should attend Minimum 25% participants must be foreign nationals How to Apply for the MICE Incentive Scheme? Applicants must: Submit the application on the Export Promotion Bureau (EPB), Uttar Pradesh portal Apply at least 60 days before the event start date After the event, submit a detailed report and documents within 60 days A Screening Committee comprising officials from export, tourism, and service sectors will review applications. Approval & Disbursement Process Applications will be processed on a first-come, first-served basis Approved incentives will be transferred directly to the beneficiary’s bank account via DBT (Direct Benefit Transfer) Disbursement will depend on budget availability ⚠️ If any applicant provides false information or misuses the scheme, the incentive amount will be recovered, and the unit will be barred from future government schemes. Boost for MSMEs and Export Growth With this forward-looking initiative, the UP government aims to position the state as a preferred destination for international conferences and exhibitions, giving MSMEs a powerful platform to expand globally and strengthening the export ecosystem of Uttar Pradesh. UP Export Promotion Policy 2025–2030UP Government New Policy 2025Uttar Pradesh MICE Incentive SchemeYogi Adityanath Export InitiativePopular Articles Msme News Andhra Pradesh Set to Launch MSME Digitisation Initiative Msme News Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Patent Registration Msme News “PM Modi : Start-ups and MSMEs Drive India’s Semiconductor Future” Msme News FCIK Optimistic About Revitalization of MSME Sector in Jammu & Kashmir Msme News Cabinet Approves ₹5,000 Crore Equity Support to SIDBI, PM Modi Calls It a Big Boost for MSMEs Msme News Financial Inclusion: Need to Bridge Gender Gap in MSME Sector, Says RBI’s Swaminathan Msme News Cybercrime Helpline Saves ₹6,000 Crore, Yet Experts Urge MSMEs to Strengthen Digital Safety Msme News Budget 2025: MSME Loan Reforms, Mudra Yojana Expansion to Boost Small Businesses (PM MODI) Msme News MSME Ministry invites applications for National Awards 2024 to honor entrepreneurial excellence. Msme News ₹1 Lakh Crore Industrial Investment, ₹180 Crore Incentives: Punjab Driving MSME Growth; Finance Minister Harpal Singh Cheema at Bharat Manufacturing & Export Summit – Ludhiana
Be the first to comment