Startup-specific scheme · Ministry of Electronics & Information Technology (MeitY)
Gen-Next Support for Innovative Startups (GENESIS)
₹490 crore over 5 years to support ~1,600 tech startups in Tier-II/III cities through implementing-agency incubators (EiR support, pilot funding, investment support, deep-tech funding). List of GENESIS centres on MeitY Startup Hub.
- Amount
- Up to ₹1 crore
- Type of support
- Grant, Equity, Incubation
- Best for
- Ideation, Prototype / PoC, Seed / Early-Stage, Growth / Scaling
- Who can apply
- Incubators & institutions, Early-stage startups
GENESIS is a government scheme that helps early-stage startups turn innovative ideas into viable businesses by providing funding, support, and guidance so new ventures can grow and create economic value.
Who can apply?
- Entities registered under Section 8, Incubators, Accelerators, Educational Institutes recognised by UGC/AICTE/Formed under Central/State Act and other startups ecosystem entities that are engaged in supporting startups.
What do you get?
- Recurring financial support will be offered to approximately 50 IAs for the duration of the scheme.
- Investment and pilot funding support to startups ranging from ₹10 lakh (for early-stage startups), to up to ₹1 crore (deep-tech startups).
- Capacity building initiatives for the startup ecosystem in Tier II and III cities.
How to apply
Applications are accepted throughout the year. Interested applicants may submit their applications online via https://msh.meity.gov.in/schemes/genesis
Objectives
The Gen-Next Support for Innovative Startups (GENESIS) supports eligible Implementing Agencies (IAs) to provide funding, mentor access, and access to innovation infrastructure and ecosystem to technology startups in Tier-II and Tier-III cities in India.
Key links
- GENESIS Administrative Approval (PDF) meity.gov.in
- GENESIS Brochure (PDF) meity.gov.in
- Apply online msh.meity.gov.in
Deadlines, amounts and windows change. Check the official portal before you apply.
Related schemes
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- PRAYAS 2.0Prototyping grants of up to ₹20 lakh (₹40 lakh at deep-tech APCs) for innovators and young startups via PRAYAS Centres.Active
- NM-ICPS25 Technology Innovation Hubs give startups, students, and researchers funding and non-financial support to build advanced-tech products.Active
- TIDE 2.0Grants from ₹4 lakh to ₹40 lakh plus incubation and mentoring for DPIIT-recognised IT startups, from idea to market-ready product.Active