GENESIS Matching Fund
A programme by Atal Incubation Centre (Atal Incubation Centre)
A matching contribution for Tier-II and Tier-III startups that have raised capital from institutional investors.
At a glance
| Best for | Tier-II and Tier-III product startups that have already raised institutional funds |
|---|---|
| Stage | Early revenue |
| Cost | Takes equity |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | MeitY Startup Hub |
About GENESIS Matching Fund
The GENESIS Matching Fund matches funds a startup has raised from institutional investors with a government contribution. Only money that has reached the company's bank account from institutional investors counts. Government grants do not count toward the match. The page shows a last day to apply of October 30, 2025, so treat this call as closed until the page is updated.
What you get
- A 1:1 matching contribution, up to the stated limit on the programme page, based on external funds raised.
- Mentorship, networks and resources from AIC ISB.
Who can apply
- A registered Indian private limited company with at least 51 percent Indian ownership.
- Registered in a Tier-II or Tier-III city, with a valid DPIIT certificate.
- A market-ready tech product, preferably with revenue. Granted patents are preferred.
- Equity-instrument funding only. Startups supported under TIDE 2.0 (Scale-up) or Samridh are excluded.
How to apply: use the Apply Now link on the programme page, or write to contact@aicisb.org.
Where to apply
Other AIC programmes
- NIDHI-Entrepreneur in Residence (EIR)A 12-month fellowship for science and engineering graduates building a technology-based startup, run with AIC ISB as a NIDHI programme partner.
- MeitY GENESIS EIR 3.0 (GENESIS-EIR Cohort 3)Physical incubation at the ISB Mohali campus and a MeitY-backed grant for early-stage innovators in Tier-II and Tier-III cities.
- MeitY GENESIS Pilot 2.0Pilot funding for startups in Tier-II and Tier-III cities that have a pilot purchase order or work order, with equity allotted to the implementing agency.
- NIDHI Accelerator (Agri cohort)An agriculture-focused accelerator for early-revenue startups, with mentoring, pilots, market linkages and grant support for the top three startups.