MeitY GENESIS Pilot Funding
A programme by AIC ISB (Atal Incubation Centre at Indian School of Business)
Offers pilot funding of up to INR 40 lakhs to enable startups from Tier-2 & Tier-3 cities to validate and demonstrate market-ready solutions through pilot projects with corporates, PSUs, and large enterprises.
About MeitY GENESIS Pilot Funding
The Pilot Component under the MeitY GENESIS initiative empowers startups, especially those from Tier-2 and Tier-3 cities, to validate and demonstrate their market-ready innovations through real-world pilot projects with corporates, PSUs, and large enterprises. Pilot Funding: Up to INR 40 lakhs. Focus Areas: Electronic Design and Manufacturing (EDM), Information Technology (IT) and Artificial Intelligence (AI), Technology and Deeptech products driving digital transformation. Eligibility Criteria: Must be DPIIT-recognized and registered as a Private Limited or LLP entity, have a working prototype or MVP ready for pilot implementation, possess a viable business plan, have a full-time founder/co-founder, have a Pilot work order/ Purchase order from eligible corporate/PSU/unicorn, and not be a beneficiary of TIDE 2.0 (Scale-up) or SAMRIDH programs. Funding is typically disbursed in milestone-based tranches or one/two installments, depending on the project scope and approval by the Expert Committee, facilitated through the Enabling Partner (AIC ISB) after the signing of a tripartite agreement.
Where to apply
Other AIC ISB programmes
- MeitY GENESIS Matching FundProvides a matching fund contribution of up to ₹50 Lakhs to startups from Tier-2 and Tier-3 cities that have raised capital from institutional investors.
- NIDHI Accelerator Agri FocusNurtures and fast-tracks promising, innovation-driven startups in the agriculture sector by offering structured mentoring, access to funding, and market linkages.