Genesis by IKP – Cohort 1 (2026): Up to ₹30L

Frequently Asked Questions

What is the primary objective of the Genesis by IKP program?

The Genesis program aims to support early-stage deep science startups at TRL 2-3 in translating their laboratory research into commercially viable and investable ventures. It focuses on accelerating their journey from science to market by providing funding, mentorship, and comprehensive venture-building support.

What kind of funding does Genesis by IKP provide?

The program provides equity investment of up to INR 30 Lakhs. This is an investment in the startup's equity, not a grant or a loan, and is typically disbursed in tranches tied to achieving specific milestones.

Who is eligible to apply for Genesis by IKP?

Eligible applicants must be Private Limited Companies registered in India, with at least 51% Indian shareholding. Startups should be at TRL 2 or TRL 3, possess lab-dependent intellectual property, and be working in specific deep science sectors like Biotherapeutics, HealthTech, AI, and DeepTech. LLPs and OPCs are not eligible.

What is Technology Readiness Level (TRL) 2-3?

TRL 2 refers to 'Technology concept and/or application formulated,' while TRL 3 means 'Experimental proof of concept.' The program specifically targets innovations at these early stages, helping them mature towards commercialization.

What support will startups receive besides funding?

Beyond equity investment, startups will engage in a 12-month venture-building program that includes expert mentorship, IP strategy development, regulatory pathway planning, investment readiness, manufacturing readiness, and access to IKP's technical infrastructure and network. This holistic support aims to prepare startups for successful market entry and future fundraising.

What is the application and selection process?

The process involves an initial online application submission via the IKP Athena Portal, followed by an internal review focusing on scientific novelty, TRL fit, and team quality. Shortlisted startups undergo scientific, IP, and regulatory assessments, along with founder interviews. A final selection is made, leading to agreement signing and program commencement.

Genesis by IKP is a pioneering 12-month funding and venture-building program specifically designed for founders who are translating breakthrough deep science innovations from laboratory research into viable commercial ventures. Hosted by IKP Knowledge Park, this program targets startups operating at Technology Readiness Level (TRL) 2–3, which represents the critical stage of concept validation and experimental proof-of-concept.

The core mission of Genesis by IKP is to bridge the gap between scientific discovery and market entry. It provides a structured environment where early-stage deep science startups receive not only essential capital but also rigorous hands-on engagement from IKP's in-house experts. The program offers comprehensive support covering critical aspects of venture development, including IP strategy, regulatory guidance, and investor readiness. This holistic approach is geared towards transforming innovative scientific research into robust, investable, and commercially scalable businesses. Through tailored mentorship and access to IKP's extensive ecosystem, selected startups are equipped to accelerate their journey from the lab to a successful market launch, fostering deep science innovation in India.

The selection process for Genesis by IKP is multi-staged and rigorous, designed to identify deep science innovations with high potential. Initially, all online applications are subjected to an internal review by IKP's expert panel. This initial screening focuses on evaluating the scientific novelty of the proposed solution, its fit within TRL 2-3 criteria, the strength of its intellectual property potential, and the overall quality and experience of the founding team. Startups that successfully pass this stage are then invited for a more in-depth scientific evaluation, which includes a detailed assessment of their IP and proposed regulatory pathways. This phase often involves technical due diligence. Concurrently, founder interviews are conducted to understand their vision, commitment, and ability to execute. A final selection committee makes the ultimate decision, typically choosing 4-5 promising startups for the cohort.

Genesis by IKP – Cohort 1

Genesis by IKP – Cohort 1

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