The MeitY GENESIS EiR Program is a key initiative by the Ministry of Electronics and Information Technology (MeitY) to empower aspiring entrepreneurs in Tier II and III cities. Hosted by the Manipal Universal Technology Business Incubator (MUTBI), the program offers a crucial grant of up to ₹10 Lakhs for prototype development, ensuring that promising tech ideas can be brought to life.
The grant targets innovators working on deep-tech solutions in sectors like Electronic Design & Manufacturing, Deeptech Software, and ICT, with specific relevance to emerging technologies like AI/ML, IoT, Blockchain, and AR/VR. The program is a direct pipeline for students and early-stage founders to receive financial support, mentorship, and a structured ecosystem to validate their ideas.