GENESIS - Gen-Next Support for Innovative Startups
MeitY scheme (outlay Rs 490 crore over 5 years) to nurture tech startups in Tier-II and Tier-III cities and towns. Provides pilot funding to startups averaging Rs 40 lakh and up to Rs 50 lakh, and supports early-stage startups with funding up to Rs 10 lakh without matching requirements.
Maximum benefit value
₹50 L
Eligibility
- Beneficiary of MeitY schemes or registered with MeitY Startup Hub (MSH)
- DPIIT-registered startup
- Minimum 51% shareholding by Indian promoters at the time of application to the incubator
- Full-time CEO and market-ready product for certain funding categories (business development/commercialization)
How to apply
Eligible startups apply through incubators/implementation partners under MeitY Startup Hub (msh.meity.gov.in). Startups must be registered with MeitY Startup Hub / beneficiaries of MeitY schemes and DPIIT-registered.
Required documents
- DPIIT recognition certificate
- MeitY Startup Hub registration
- Product/pilot proposal and business plan
Official sources
Verification notes
Verified via msh.meity.gov.in and meity.gov.in. Outlay Rs 490 crore over 5 years; pilot funding up to Rs 50 lakh, early-stage up to Rs 10 lakh. maxValueInINR set to Rs 50 lakh (pilot funding ceiling). [AI-gathered from official sources on 2026-07-05; needs team review]