UP Plans Startup E-Marketplace To Enable Direct Government Procurement
Lucknow, Aug. 17 -- The Uttar Pradesh government is planning to establish a startup e-marketplace under the UP Startup Mission to facilitate government procurement of innovative products and solutions developed by startups.
A proposal to introduce the framework is expected to be placed before the state Cabinet soon. Once approved, government departments will be able to purchase products and solutions from StartInUP-registered startups through simplified procurement mechanisms.
Startups To Get Direct Government Procurement Opportunities
Under the proposed framework, departments could directly procure equipment and solutions worth up to Rs 50 lakh from registered startups without inviting tenders, subject to prescribed quality and techni...
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