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Startup Funding

GENESIS EIR 2.0: INR 10 Lakh Grant forDeeptech Startup Growth

Apply for an INR 10 lakh grant under GENESIS EIR 2.0 and get structured support to develop your deeptech idea into a working prototype.

Genesis EIR 2.0

What is MeitY Genesis EiR?

The Genesis EiR (Entrepreneur-in-Residence) program is a MeitY initiative that supports early-stage innovators in Deeptech, ICT, or ESDM to move from idea to market-ready prototype with structured funding and mentorship.

With the launch of Genesis EiR 2.0, the Ministry of Electronics and Information Technology (MeitY) has increased its support for the Indian startup ecosystem.

Whether you need the Genesis Grant or guidance from experienced industry mentors, this program gives you a structured path from concept to prototype.

What is MeitY Genesis EiR?

INR 10 Lakhs Genesis Grant

Receive financial assistance to build your MVP and validate your market fit.

Attractive Subsidies

A major portion of the project cost is covered by a government.

High Loan Limits

Up to INR 50 lakhs for manufacturing units and up to INR 20 lakhs for service sector units.

Repayment Terms

Tenure of up to 7 years with a moratorium period.

Focus Areas

The MeitY Genesis EiR program is an early-stage innovation initiative that supports startups during the critical ideation, validation and prototyping phases. As a key part of the broader Genesis EiR Scheme, it focuses on technology innovations across sectors, with a heavy emphasis on:

Who Can Apply?

  • Deeptech: Cutting-edge technology solving complex global challenges.
  • ICT: Digital communication, software and IT infrastructure.
  • ESDM: Electronic systems, embedded design and hardware manufacturing.

Conditions

    Guide Contents

    • What the Genesis EiR Scheme is
    • Genesis EiR eligibility criteria for the program
    • Focus areas and commercial benefits
    • Documents required for Genesis EiR application
    • How to apply for the fund successfully

    How to apply

    1

    Check fit

    Review deeptech / ICT / ESDM fit for your startup idea.

    2

    Prepare deck

    Prepare your innovation concept, market validation and MVP plan.

    3

    Compile documents

    Gather all required documents and proof points.

    4

    Submit application

    Apply under the Genesis EiR 2.0 call with complete details.

    5

    Evaluation & onboarding

    Move through screening, mentorship onboarding and grant release.

    Ready to get started?

    Apply for Genesis EiR 2.0

    By providing a dedicated Genesis EiR Fund, the government aims to reduce the financial risk for student innovators and first-time founders who want to raise funds for a startup in India.