SE4489

Genesis

Digital India-GENESIS, launched by the Ministry of Electronics and Information Technology (MeitY), aims to discover, support, and grow startups in Tier-II and Tier-III cities. The program emphasizes collaborative engagement among startups, government, and community organizations, providing equity-linked seed investments to help startups expand globally.

Central

States / UT: All India

Ministry / nodal: Ministry of Electronics and Information Technology (MeitY)

Scheme for: Startups

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Startups

Tags: startups, Deep Tech/Technology, Funding

Details

Brief

Ministry of Electronics and Information Technology (MeitY) has launched an umbrella program Digital India-GENESIS to discover, support, grow, and make successful startups in Tier-II and Tier-III cities with emphasis on collaborative engagement among startups, government, and corporates for promoting digitization based on the principals of inclusivity, accessibility, affordability, leading to growth in employment and economic outputs.

Eligibility

  • Eligibility Criteria for Implementation Agency:
  • Organisation and institutions that are based out of Tier II and Tier III cities of India, are eligible to apply for this scheme.
  • Eligible entities include startup incubators, accelerators, investment platforms, entrepreneurship-supporting organizations, and academic R&D institutions that have intent, expertise, and allocation of resources to support student entrepreneurs and innovators in their local community.

Fund / quantum

  • 490 Cr for 5 years

Tenure

  • 2022-2027

Benefit tags

  • Funding

Notes

  • Ministry of Electronics and Information Technology (MeitY) has launched an umbrella program Digital India-GENESIS to discover, support, grow and make successful startups in Tier-II and Tier-III cities with emphasis on collaborative engagement among startups, government, and corporates for promoting digitization based on the principals of inclusivity, accessibility, affordability, leading to growth in employment and economic outputs.

Benefits

  • - This program will help startups expand globally by leveraging the equity-linked seed investment dispersed through this initiative
  • This program will help startups expand globally by leveraging the equity-linked seed investment dispersed through this initiative.

Eligibility

  • Eligibility Criteria for Implementation Agency:

  • Organisation and institutions that are based out of Tier II and Tier III cities of India, are eligible to apply for this scheme.

  • Eligible entities include startup incubators, accelerators, investment platforms, entrepreneurship-supporting organizations, and academic R&D institutions that have intent, expertise, and allocation of resources to support student entrepreneurs and innovators in their local community.

  • 490 Cr for 5 years

  • 2022-2027

Application Process

Online / portal

Official application / information link: https://msh.meity.gov.in/assets/About%20GENESIS_Scheme.pdf

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status