MeitY GENESIS
( Matching Investment Funding Scheme )
This initiative supports startups from Tier-II and Tier-III cities with validated, scalable, technology-driven solutions. Through a 1:1 matching equity funding support of up to ₹50 lakhs, GENESIS empowers startups that have secured active private investor interest. The program enhances investment readiness through structured acceleration, mentoring, and investor engagement sessions, offering strategic guidance on fundraising, financial structuring, and market expansion.
ELIGIBILITY CRITERIA
Must be a registered Indian entity (Private Limited Company) with at least 51% Indian ownership.
Must be registered in a Tier-II or Tier-III city.
Must have a valid DPIIT certificate.
Must have a market-ready product and preferably be revenue-generating.
Preference is given to startups with granted patents.
Must not be involved in any legal disputes.
Funding is a 1:1 matching grant ranging from up to 50 lakhs based on external funds raised (government grants are not considered).
Cannot be a startup previously supported under the TIDE 2.0 (Scale up) or Samridh schemes.
The funding instrument is equity.
OFFERINGS
Funding support
Assistance with IP filing
Product pilot support
Mentoring from industry and academic experts
Participant Benefits:
Financial and pilot support.
Assistance with patent filing and startup registration.
Technical, business mentoring and credits for tools (AWS, Zoho, etc.) for early-stage product testing.
Support for entrepreneurial activities, equipment procurement, and travel expenses