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GENESIS Pilot 2.0
Grant
Investor
About
The GENESIS Pilot 2.0 program offers funding and support for startups in Tier 2 and Tier 3 cities in India to successfully deliver pilot projects, with financial backing based on verified costs and capped equity terms.
Benefits
- 💰Funding SupportUp to ₹40 lakh based on the verified cost of delivering the Pilot PO/WO
- 📈Equity TermsEquity capped at 3% of fully diluted post-money shareholding
- ⏳Disbursement TimelineFunding may take 4-5 months from the Call of Application
Eligibility Criteria
- DPIIT-recognised startups incorporated in a Tier 2 or Tier 3 city
- Startups must be 1-5 years old with Indian founders holding at least 51%
- Must have a Pilot PO/WO of ₹1 lakh–₹1 crore from an eligible Pilot Partner
- Cumulative revenue must be up to ₹1.5 crore
- Beneficiaries of TIDE 2.0, SAMRIDH, or ongoing GENESIS EIR cohort are not eligible
Participation Commitments
- Submit a complete application form with all required sections
- Agree to the Terms and Conditions and Privacy Policy
Target Sector
Startups with a focus on technology and product development
Target Location
Tier 2 and Tier 3 cities in India
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