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Grant scheme

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

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