MeitY GENESIS – Pilot Funding Scheme

About

The MeitY GENESIS – Pilot Funding Scheme offers significant funding and resources to tech-driven startups in Nagaland and the Northeast region, aiming to support the transition from MVP to commercialization, particularly for those with reliable business orders and a desire to accelerate their market presence.

Benefits

• 💰Equity Investment
  Up to ₹40 million in equity investment
• 💰Phased Funding
  Funding disbursed in phases based on milestones
• 🛡️ IP Retention
  Startups retain intellectual property rights
• 🎓Mentorship
  Mentorship support
• 🤝Industry Connections
  Industry connections and collaboration with large enterprises for technology commercialization
• 🛠️ Incubation Resources
  Incubation resources

Eligibility Criteria

• Must be a DPIIT registered tech-driven startup in Nagaland or Northeast India
• Focus on ICT, artificial intelligence, electronic design manufacturing, and deep tech
• Must have an MVP or working prototype
• Must hold a valid purchase order or pilot agreement from qualified enterprises
• Not eligible if previously funded by MeitY's TIDE 2.0 or SAMRIDH programs
• At least one full-time founder required

Target Sector

Technology

Target Location

Nagaland and Northeast India