Government of Uttar Pradesh envisages creation of world class infrastructure in the form of Center of Excellence (CoE). CoE shall possess maturity and experience in incubation, exemplary standards of R&D and promote best practices for nurturing entrepreneurship
- The CoE shall promote focus areas like Big Data, Cloud Computing, Internet of Things (IoT), Machine Learning, Artificial Intelligence, Cyber Security, clean-tech, edu-tech, agri-tech, health-tech and other areas of social or national importance
- Host Institutes like Government and Private Technical, Management, R&D Institutes, Organizations / Non-Profit Organization/ Corporates / Industry Association or through PPP mode can establish CoE
- The Government of Uttar Pradesh shall provide financial support in the form of Grant-in-aid (covering capital and operational expenditure) upto INR 10 crore to CoE for a maximum period of 5 years. It is expected that the CoE would become self-sustainable by the end of 5 years
- The approval for setting up CoEs shall be contingent upon Empowered Committee’ decision. The release of funds / incentives by the Government shall depend upon their performance.