MeitY GENESIS EiR Program at AIC ISB
AIC ISB's GENESIS EiR program, backed by MeitY Startup Hub, offers up to ₹10L grant for early-stage founders from Tier-II/III cities.
- Funding amount
- ₹10L (grant)
- Funding type
- Grant
- Provider
- AIC ISB (Academic)
- Application deadline
- Closed (10 Oct 2025)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The GENESIS-EiR (Entrepreneur-in-Residence) program, supported by the MeitY Startup Hub, is a targeted initiative to energise the startup ecosystem in Tier-II and Tier-III cities. AIC ISB, as the program partner, provides a structured launchpad for innovators and early-stage startups to turn ideas into scalable ventures. The program goes beyond financial aid, focusing on fostering innovation, nurturing talent, and building a sustainable, inclusive ecosystem for technology-led startups in emerging Indian regions.
Selected participants receive up to ₹10 lakhs as a grant, along with expert mentorship from industry leaders and a robust ecosystem for idea validation and market readiness. Benefits include continuous handholding, access to AIC ISB’s Makerspace for prototyping, co-working facilities, and capacity-building workshops. Networking opportunities with investors, industry experts, and key stakeholders help elevate their journey and prepare for future funding.
This is a powerful opportunity for aspiring and early-stage founders to accelerate growth and tackle real-world problems with innovative solutions.
Highlights
- Grant of up to ₹10 lakhs with no equity dilution.
- Exclusively for founders and startups from Tier-II and Tier-III cities.
- Open to full-time students and early-stage founders with DPIIT-registered startups.
- Focus areas: Electronic Design, Deeptech, and ICT.
- Access to prototyping facilities (Makerspace) and co-working space at AIC ISB.
- Networking with investors and industry leaders.
Who can apply
You are eligible if:
- You are an Indian citizen, at least 18 years old.
- You are a full-time UG/PG student with entrepreneurial pursuits, or a founder/co-founder of a DPIIT-registered startup that is ≤ 2 years old.
- You are a first-generation entrepreneur committed to working full-time on the startup.
- Your startup is in ideation, validation, or early stages, has not received prior funding exceeding ₹10 lakh (including government grants), has scalability potential, and aligns with focus areas: Electronic Design and Manufacturing, Deeptech Software/Products, or ICT.
- The applicant or entity must be registered from a Tier-II or Tier-III city.
MeitY GENESIS EiR Program at AIC ISB is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
The most recent application window for MeitY GENESIS EiR Program at AIC ISB closed on 10 Oct 2025. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
- Grant of up to ₹10 lakhs to fuel growth.
- Expert mentorship from industry leaders.
- Continuous handholding throughout the program.
- Access to AIC ISB's Makerspace for prototyping.
- Co-working facilities and capacity-building workshops.
- Networking opportunities with investors, industry experts, and key stakeholders to help secure future funding.
About the provider
MeitY GENESIS EiR Program at AIC ISB is offered by AIC ISB, an academic institution. It is delivered directly by AIC ISB as a grant. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
- Application: Fill out the online application form.
- Evaluation: AIC ISB verifies eligibility and its selection committee evaluates eligible applications based on specific criteria.
- Support: Final recipients receive funding, mentorship, and access to the incubation ecosystem.
Documents you’ll need
Before you apply to MeitY GENESIS EiR Program at AIC ISB, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
MeitY GENESIS EiR Program at AIC ISB is best suited for startups in India seeking non-dilutive funding of ₹10L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding is offered?
The program offers a grant of up to ₹10 lakhs.
What is the application deadline?
The deadline is October 10, 2025.
Who is eligible to apply?
Indian citizens aged 18 or above who are first-generation entrepreneurs. You must be either a full-time student (UG/PG) with a startup idea, or a founder/co-founder of a DPIIT-registered startup that is less than 2 years old. The startup should be in ideation, validation, or early stage, and must not have received prior funding exceeding ₹10 lakh. Additionally, the applicant or startup must be registered in a Tier-II or Tier-III city.
What sectors or technologies are supported?
The program focuses on Electronic Design and Manufacturing, Deeptech Software/Products, and ICT (Information and Communications Technology).
Is DPIIT registration required?
Yes, if you are a founder/co-founder of a startup, that startup must be DPIIT-registered. Student applicants without a registered startup may also apply with an idea.
Does the program take equity?
No, the funding is a grant, so no equity is taken from your startup.
What documents or materials are needed to apply?
The specific documents are not listed, but you will need to fill out an online application form. Be prepared to provide details about your idea, team, and eligibility criteria.
How do I apply?
You can apply via the online Google Form provided in the application link.
Can I apply if my startup has already received some funding?
Yes, but only if the total prior funding (including government grants) does not exceed ₹10 lakh. If it exceeds that amount, you are not eligible.
What is the selection process?
After submitting the online application, AIC ISB verifies eligibility. Then a selection committee evaluates applications based on criteria. Final recipients are chosen to receive funding, mentorship, and ecosystem support.
Who offers MeitY GENESIS EiR Program at AIC ISB?
MeitY GENESIS EiR Program at AIC ISB is offered by AIC ISB, an academic institution. It is provided as non-dilutive funding.
More funding from AIC ISB
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