GEN-NEXT Support for Innovative Startups (GENESIS)
Ministry of Electronics and Information Technology
Last updated:
Overview
The scheme aims to discover, support, grow, and accelerate successful startups in Tier-2 and Tier-3 cities, with a focus on inclusivity, accessibility, and affordability.
Details
The scheme "Gen-Next Support for Innovative Startups GENESIS " has been launched by the Ministry of Electronics and Information Technology MeitY , Government of India. It aims to discover, support, grow and accelerate successful startups in Tier-2 and Tier-3 cities, with emphasis on collaborative engagement among startups, government, and corporates for promoting digitisation based on the principles of inclusivity, accessibility, and affordability, leading to growth in employment and economic outputs. Through this scheme, funding support for Pilot/Proof-of-Concept, Investment, Early-stage, and Deep-tech categories , capacity-building, mentorship, ecosystem linkages, and community-building initiatives are provided to students, faculty, academic institutions, budding entrepreneurs, startup companies, incubators, Centres of Excellence CoEs , accelerators, mentors, investors, and corporates engaged in innovation-based growth. The scheme is implemented by MeitY Startup Hub MSH through approximately 50 Implementing Agencies IAs , preferably from Tier-2 and Tier-3 cities of the country. The total budget outlay for the scheme is ₹4,90,00,00,000/- ₹490 Crore for a duration of 5 years. The programme envisages impacting and consolidating 10,000+ tech startups over the course of the next 5 years to pave the road for an inclusive startup ecosystem. Objectives: - Consolidation of all the existing schemes and assets of MeitY to provide greater efficiency in asset utilisation, increased return from scheme expenditure, and overall enhanced support for startups. - Building Tier-II and Tier-III focused funding to critically support Pilot/Investment, Early-stage and deep-tech startups. Implementation partners and the startups selection under the GENESIS Scheme will be done by experts based on a defined and structured selection process. - Community Building initiatives, including workshops, boot camps, conferences, etc., to strengthen the ecosystem and build brand and recognition of MeitY Startups-related Initiatives. All the activities under GENESIS will be aligned to MeitY's major initiatives, including India AI, ISM, and India Stack, etc.
Exclusions
• <br>
Benefits
• Investment Support:
• Pilot (Proof-of-Concept) Support:
• Ideation Support (Entrepreneur in Residence — EiR:
• Deep-tech Startup Support:
• Non-Monetary Benefits:
• GENESIS Startup Platform: A single-window solution for all startup-centric schemes of MeitY, programmes, and initiatives targeted towards Tier-2 and Tier-3 cities and towns.
• Challenges Execution: Sourcing, executing, monitoring, and reporting on challenges and supporting startups.
• Corporate and Institutional Partnerships: Building linkages with global startup ecosystems and aggregating resources from global and local industries, institutions, and agencies for the benefit of startups.
• Capacity Building and Performance Optimisation: Optimising and enhancing the performance of MeitY assets, programmes, and schemes via capacity-building programmes.
• Building a self-sustaining "community of communities": Creating awareness and engagement of a larger number of startups via effective and pervasive media and marketing programmes.
Eligibility Criteria
1. > **Eligibility for Implementing Agencies (IAs):**
2. The applicant Implementing Agency must be a legal entity and must fall under one of the following categories:
3. The applicant should be an entity registered under Section 8 of the Companies Act; OR
4. The applicant should be a society registered under the Societies Registration Act, 1860; OR
5. The applicant should be a trust registered under the Indian Trusts Act, 1882; OR
6. The applicant should be a statutory body created through an Act of the legislature.
7. The applicant may also be an Incubator, Accelerator, or Educational Institute recognised by the University Grants Commission (UGC) / All India Council for Technical Education (AICTE), or formed under a Central/State Act.
8. The applicant should be an entity engaged in supporting startups as part of the startup ecosystem.
9. > **Eligibility for Startups:**
10. The applicant should be a beneficiary of MeitY Schemes or should be registered with MeitY Startup Hub (MSH).
11. The applicant should be a startup registered with the Department for Promotion of Industry and Internal Trade (DPIIT).
12. The shareholding by Indian promoters in the applicant startup should be at least 51% at the time of application to the incubator for the scheme, as per the Companies Act, 2013.
13. The applicant startup should have a full-time Chief Executive Officer (CEO).
14. The applicant startup should have market-ready products and should be seeking funds for business development and commercialisation (applicable in certain categories).
15. <br>
Application Process
Step 1: Step 1: Visit the Official Portal: Go to the official MeitY Startup Hub website at https://msh.meity.gov.in/ to access all scheme-related information, notifications, and the application portal.
Online
Step 1: Visit the Official Portal: Go to the official MeitY Startup Hub website at https://msh.meity.gov.in/ to access all scheme-related information, notifications, and the application portal.
Step 2: Step 2: Review eligibility criteria for either Implementing Agencies or Startups as detailed in Section 4 of this document, and confirm that all conditions are met before applying.
Online
Step 2: Review eligibility criteria for either Implementing Agencies or Startups as detailed in Section 4 of this document, and confirm that all conditions are met before applying.
Step 3: Step 3: Register on the GENESIS Startup Platform (described as a single-window solution for all MeitY startup-centric schemes) or log in if already registered with MeitY Startup Hub (MSH).
Online
Step 3: Register on the GENESIS Startup Platform (described as a single-window solution for all MeitY startup-centric schemes) or log in if already registered with MeitY Startup Hub (MSH).
Step 4: Step 4: Identify the relevant funding/support component — Ideation Support (Entrepreneur in Residence), Pilot (Proof-of-Concept) Support, Investment Support, or Deep-tech Startup Support — based on the stage and nature of the startup.
Online
Step 4: Identify the relevant funding/support component — Ideation Support (Entrepreneur in Residence), Pilot (Proof-of-Concept) Support, Investment Support, or Deep-tech Startup Support — based on the stage and nature of the startup.
Step 5: Step 5: Fill in the application form and upload all required documents as listed in Section 5. Ensure that the DPIIT Registration Certificate, shareholding pattern, and other relevant documents are ready before submission.
Online
Step 5: Fill in the application form and upload all required documents as listed in Section 5. Ensure that the DPIIT Registration Certificate, shareholding pattern, and other relevant documents are ready before submission.
Step 6: Step 6: Implementation partners and startups are selected under the GENESIS Scheme by an expert committee based on a defined and structured selection process.
Online
Step 6: Implementation partners and startups are selected under the GENESIS Scheme by an expert committee based on a defined and structured selection process.
Step 7: Step 7: Once selected, startups are monitored through the GENESIS platform. Progress, milestone achievement, and fund utilisation are tracked and reported.
Online
Step 7: Once selected, startups are monitored through the GENESIS platform. Progress, milestone achievement, and fund utilisation are tracked and reported.
Required Documents
• Certificate of Registration (Section 8 Company / Society Registration under Societies Registration Act, 1860 / Trust Deed under Indian Trusts Act, 1882 / Statutory Notification under relevant Act).
• Recognition Certificate from University Grants Commission (UGC) or All India Council for Technical Education (AICTE) (applicable for Educational Institutes only).
• Proof of engagement in supporting startups (such as details of incubation/acceleration programmes run by the entity).
• Department for Promotion of Industry and Internal Trade (DPIIT) Registration Certificate.
• MeitY Startup Hub (MSH) Registration Certificate or proof of being a beneficiary of a MeitY Scheme.
• Certificate of Incorporation / Registration documents of the startup.
• Shareholding Pattern Document, evidencing at least 51% shareholding by Indian promoters at the time of application (as per the Companies Act, 2013).
• Appointment Letter or Proof of Full-Time Chief Executive Officer (CEO).
• Product Demonstration / Market-Readiness Document (applicable for categories requiring market-ready products and seeking funds for commercialisation).
• Proof of Matching Funds from Private Sector (applicable for Investment Support component only — 1:1 matching required).
Frequently Asked Questions
Q: What does GENESIS stand for, and which ministry has launched it?
A: GENESIS stands for "Gen-Next Support for Innovative Startups." It has been launched by the Ministry of Electronics and Information Technology (MeitY), Government of India, and is implemented by the MeitY Startup Hub (MSH).
<br>
Q: What is the total budget and duration of the GENESIS scheme?
A: The total budgetary outlay for the GENESIS scheme is ₹4,90,00,00,000/- (₹490 Crore). The scheme is operational for a duration of 5 years.
<br>
Q: Which cities or regions does the GENESIS scheme primarily target?
A: The GENESIS scheme primarily targets Tier-2 and Tier-3 cities and towns across India. The scheme aims to discover, support, grow, and accelerate successful startups in these cities, ensuring an inclusive startup ecosystem beyond metropolitan areas.
<br>
Q: How many startups does the GENESIS scheme aim to impact?
A: The GENESIS scheme envisages impacting and consolidating 10,000+ (more than ten thousand) tech startups over the course of its 5-year duration.
<br>
Q: What are the 4 funding/support components available under the GENESIS scheme?
A: The 4 components under the GENESIS scheme are:
1. Ideation Support (Entrepreneur in Residence — EiR): Funding up to ₹10,00,000/- (₹10 Lakhs) for early-stage startups; no matching fund required.
2. Pilot (Proof-of-Concept) Support: Average funding of ₹40,00,000/- (₹40 Lakhs), up to ₹50,00,000/- (₹50 Lakhs); no matching fund required.
3. Investment Support: Average funding of ₹40,00,000/- (₹40 Lakhs), up to ₹50,00,000/- (₹50 Lakhs); requires 1:1 private sector matching fund.
4. Deep-tech Startup Support: Funding up to ₹1,00,00,000/- (₹1 Crore) per startup; no matching fund required.
<br>
Q: Which funding component requires a matching contribution from the private sector?
A: Only the Investment Support component requires a private sector matching fund in the ratio of 1:1. This means that for every rupee provided by the government under this component, the startup (or its investors) must arrange an equal amount from private sector sources. The Pilot (Proof-of-Concept) Support, Ideation Support (EiR), and Deep-tech Startup Support components do not require any matching fund.
<br>
Q: Who are the eligible Implementing Agencies (IAs) under the GENESIS scheme?
A: An Implementing Agency must be a legal entity and must fall under one of the following categories:
• Entity registered under Section 8 of the Companies Act.
• Society registered under the Societies Registration Act, 1860.
• Trust registered under the Indian Trusts Act, 1882.
• Statutory body created through an Act of the legislature.
• Incubator, Accelerator, or Educational Institute recognised by the University Grants Commission (UGC) / All India Council for Technical Education (AICTE), or formed under a Central/State Act.
• Any other startup ecosystem entity engaged in supporting startups.
<br>
Q: What are the eligibility conditions for a startup to apply under GENESIS?
A: A startup must meet all of the following conditions to be eligible:
• Should be a beneficiary of a MeitY scheme or registered with MeitY Startup Hub (MSH).
• Should be registered with the Department for Promotion of Industry and Internal Trade (DPIIT).
• Indian promoters must hold at least 51% shareholding in the startup at the time of application, as per the Companies Act, 2013.
• Must have a full-time Chief Executive Officer (CEO).
• Must have market-ready products and be seeking funds for business development and commercialisation (applicable in certain categories).
<br>
Q: Who are the target beneficiaries of the GENESIS scheme?
A: The GENESIS scheme targets all stakeholders engaged in the creation, promotion, and acceleration of the startup ecosystem in India. This includes:
• Students, faculty, and academic institutions.
• Budding entrepreneurs.
• Startup companies and their employees.
• Incubators, Centres of Excellence (CoEs), and accelerators.
• Mentors and investors.
• Corporates engaged in innovation-based growth.
<br>
Q: How can one apply or get more information about the GENESIS scheme?
A: Applicants can visit the official MeitY Startup Hub portal at [https://msh.meity.gov.in/](https://msh.meity.gov.in/) for scheme details, eligibility, notifications, and the application process. For further queries, contact MeitY Startup Hub at:
• Email: [email protected]
• Phone: 011-24301244
• Office: MeitY Startup Hub, 2044, Electronics Niketan, 6, CGO Complex, Lodhi Road, New Delhi – 110003.
<br>
Eligibility Criteria
> **Eligibility for Implementing Agencies (IAs):**
The applicant Implementing Agency must be a legal entity and must fall under one of the following categories:
The applicant should be an entity registered under Section 8 of the Companies Act; OR
The applicant should be a society registered under the Societies Registration Act, 1860; OR
The applicant should be a trust registered under the Indian Trusts Act, 1882; OR
The applicant should be a statutory body created through an Act of the legislature.
The applicant may also be an Incubator, Accelerator, or Educational Institute recognised by the University Grants Commission (UGC) / All India Council for Technical Education (AICTE), or formed under a Central/State Act.
The applicant should be an entity engaged in supporting startups as part of the startup ecosystem.
> **Eligibility for Startups:**
The applicant should be a beneficiary of MeitY Schemes or should be registered with MeitY Startup Hub (MSH).
The applicant should be a startup registered with the Department for Promotion of Industry and Internal Trade (DPIIT).
The shareholding by Indian promoters in the applicant startup should be at least 51% at the time of application to the incubator for the scheme, as per the Companies Act, 2013.
The applicant startup should have a full-time Chief Executive Officer (CEO).
The applicant startup should have market-ready products and should be seeking funds for business development and commercialisation (applicable in certain categories).
<br>
Benefits
Investment Support:
Pilot (Proof-of-Concept) Support:
Ideation Support (Entrepreneur in Residence — EiR:
Deep-tech Startup Support:
Non-Monetary Benefits:
GENESIS Startup Platform: A single-window solution for all startup-centric schemes of MeitY, programmes, and initiatives targeted towards Tier-2 and Tier-3 cities and towns.
Challenges Execution: Sourcing, executing, monitoring, and reporting on challenges and supporting startups.
Corporate and Institutional Partnerships: Building linkages with global startup ecosystems and aggregating resources from global and local industries, institutions, and agencies for the benefit of startups.
Capacity Building and Performance Optimisation: Optimising and enhancing the performance of MeitY assets, programmes, and schemes via capacity-building programmes.
Building a self-sustaining "community of communities": Creating awareness and engagement of a larger number of startups via effective and pervasive media and marketing programmes.
Required Documents
| # | Document |
|---|---|
| 1 | Certificate of Registration (Section 8 Company / Society Registration under Societies Registration Act, 1860 / Trust Deed under Indian Trusts Act, 1882 / Statutory Notification under relevant Act). |
| 2 | Recognition Certificate from University Grants Commission (UGC) or All India Council for Technical Education (AICTE) (applicable for Educational Institutes only). |
| 3 | Proof of engagement in supporting startups (such as details of incubation/acceleration programmes run by the entity). |
| 4 | Department for Promotion of Industry and Internal Trade (DPIIT) Registration Certificate. |
| 5 | MeitY Startup Hub (MSH) Registration Certificate or proof of being a beneficiary of a MeitY Scheme. |
| 6 | Certificate of Incorporation / Registration documents of the startup. |
| 7 | Shareholding Pattern Document, evidencing at least 51% shareholding by Indian promoters at the time of application (as per the Companies Act, 2013). |
| 8 | Appointment Letter or Proof of Full-Time Chief Executive Officer (CEO). |
| 9 | Product Demonstration / Market-Readiness Document (applicable for categories requiring market-ready products and seeking funds for commercialisation). |
| 10 | Proof of Matching Funds from Private Sector (applicable for Investment Support component only — 1:1 matching required). |
How to Apply
Step 1: Visit the Official Portal: Go to the official MeitY Startup Hub website at https://msh.meity.gov.in/ to access all scheme-related information, notifications, and the application portal.
Online Step 1: Visit the Official Portal: Go to the official MeitY Startup Hub website at https://msh.meity.gov.in/ to access all scheme-related information, notifications, and the application portal.
Step 2: Review eligibility criteria for either Implementing Agencies or Startups as detailed in Section 4 of this document, and confirm that all conditions are met before applying.
Online Step 2: Review eligibility criteria for either Implementing Agencies or Startups as detailed in Section 4 of this document, and confirm that all conditions are met before applying.
Step 3: Register on the GENESIS Startup Platform (described as a single-window solution for all MeitY startup-centric schemes) or log in if already registered with MeitY Startup Hub (MSH).
Online Step 3: Register on the GENESIS Startup Platform (described as a single-window solution for all MeitY startup-centric schemes) or log in if already registered with MeitY Startup Hub (MSH).
Step 4: Identify the relevant funding/support component — Ideation Support (Entrepreneur in Residence), Pilot (Proof-of-Concept) Support, Investment Support, or Deep-tech Startup Support — based on the stage and nature of the startup.
Online Step 4: Identify the relevant funding/support component — Ideation Support (Entrepreneur in Residence), Pilot (Proof-of-Concept) Support, Investment Support, or Deep-tech Startup Support — based on the stage and nature of the startup.
Step 5: Fill in the application form and upload all required documents as listed in Section 5. Ensure that the DPIIT Registration Certificate, shareholding pattern, and other relevant documents are ready before submission.
Online Step 5: Fill in the application form and upload all required documents as listed in Section 5. Ensure that the DPIIT Registration Certificate, shareholding pattern, and other relevant documents are ready before submission.
Step 6: Implementation partners and startups are selected under the GENESIS Scheme by an expert committee based on a defined and structured selection process.
Online Step 6: Implementation partners and startups are selected under the GENESIS Scheme by an expert committee based on a defined and structured selection process.
Step 7: Once selected, startups are monitored through the GENESIS platform. Progress, milestone achievement, and fund utilisation are tracked and reported.
Online Step 7: Once selected, startups are monitored through the GENESIS platform. Progress, milestone achievement, and fund utilisation are tracked and reported.
Frequently Asked Questions
GENESIS stands for "Gen-Next Support for Innovative Startups." It has been launched by the Ministry of Electronics and Information Technology (MeitY), Government of India, and is implemented by the MeitY Startup Hub (MSH). <br>