Gen-Next Support for Innovative Startups (GENESIS)
A programme by Karnavati Innovation and Incubation Foundation (KIIF) (Karnavati Innovation and Incubation Foundation)
KIIF provides access to GENESIS program by MeitY, which offers funding for early-stage startups, pilot funding, and deep-tech startups.
About Gen-Next Support for Innovative Startups (GENESIS)
The Gen-Next Support for Innovative Startups (GENESIS) program by the Ministry of Electronics & IT (MeitY) aims to scale and sustain the startup ecosystem in India, with a special focus on Tier 2 & Tier 3 cities. The government has allocated ₹490 Crore for this scheme, supporting 1,600 technology startups over 5 years. Eligibility Criteria: Startups in the ideation, validation, or early stages; Must not have received external funding exceeding ₹10 Lakhs; Focus on technology innovation, including Electronics & IT, Emerging Technologies (AI, IoT, Blockchain, etc.), Digital solutions for societal challenges (Health, Education, Agriculture, Sustainability); Potential for scalability and impact, especially in Tier 2 & Tier 3 cities. Funding Support: ₹10 Lakhs for early-stage startups – Entrepreneur in Residence; ₹40-50 Lakhs for pilot funding; ₹40-50 Lakhs with 1:1 private sector matching; Up to ₹1 Crore for Deep-Tech Startups.
Where to apply
Other KIIF programmes
- WEnnovate ProgramThe WEnnovate Program is a flagship initiative dedicated to nurturing and accelerating women-led startups in India.
- Startup India Seed Fund Scheme (SISFS)KIIF implements the Startup India Seed Fund Scheme (SISFS), offering up to ₹20 Lakhs as a grant for PoC, prototype development, or product trials, and up to ₹50 Lakhs as an investment for scaling and commercialization.
- Student Startup and Innovation Policy (SSIP) – Govt. of GujaratKIIF provides access to the Student Startup and Innovation Policy (SSIP) by the Government of Gujarat, offering eligible innovators ₹2.5 Lakhs in funding and an additional ₹50,000 for IP support.
- Start-up Gujarat Policy or Gujarat Industrial Policy 2020KIIF provides access to the Start-up Gujarat Policy, offering Seed Support up to ₹30 Lakhs, Sustenance Allowance, Soft Skills Training, and additional funds for Social-Impact Startups and Acceleration Programs.
Everything about Karnavati Innovation and Incubation Foundation (KIIF)