Gen-Next Support for Innovative Startups (GENESIS)
Genesis is an umbrella program with an aim to boost the startup ecosystem in Tier-II & Tier-III cities in the country,
There 5 Verticals in the Geneis Scheme
- Entrepreneur in Residence (EiR) Support ( EiR)
- Pilot Funding Support
- Matching Investment Support
- Deep-Tech Funding Support
Ministry of Electronics and Information Technology (MeitY) has approved implementation of the ‘Gen-Next Support for Innovative Startups (GENESIS)’ Scheme with a budgetary outlay of Rs. 490 Crore for a duration of 5 years.
The scheme envisages further scaling up and sustaining the startup ecosystem especially to discover, grow and nurture technology startups. The scheme aims to support approx. 1600 tech start-ups over the course of next 5 years
