Looking to fund your tech startup? The Genesis EIR Scheme by the Government of India offers an incredible opportunity with non-refundable grants up to ₹10 lakh. Backed by MeitY (Ministry of Electronics and Information Technology), this program supports early-stage, technology-driven ventures with the resources, mentorship, and infrastructure they need to scale.
This blog explains everything you need to know: eligibility, benefits, documents required, and how to apply.
What is Genesis EIR Scheme?
The Genesis EIR (Entrepreneur-In-Residence) Scheme is a government-backed funding scheme for tech startups under the MeitY GENESIS initiative. It aims to empower new-age entrepreneurs, especially in Tier 2 and Tier 3 cities, by providing:
- Up to ₹10 lakh non-refundable grant
- Access to incubation centers and tech infrastructure
- Mentorship and business development support
This scheme is part of a broader movement to offer government grants for tech startups in India.
Eligibility Criteria for Genesis Scheme
To qualify for the Genesis EIR Scheme for tech startup founders, here’s what you need:
- Indian citizen, 18 years or older
- Tech-focused idea, product, or prototype
- Early-stage startup (not yet funded above ₹10 lakh)
- Preference for entrepreneurs from non-metro cities
The program is designed to support innovators with tech startup businesses looking for seed-stage funding and incubation.
Documents Needed for Genesis Scheme
To complete your application, prepare these:
- Founder’s Aadhaar and PAN Card
- Pitch deck or business plan
- Startup registration certificate (if applicable)
- Project proposal summary
- Bank account details (with cancelled cheque)
- Optional: MSME certificate to strengthen your profile
Benefits of Genesis EIR Scheme for Tech Startups
Here’s why this funding scheme for tech startups is a game-changer:
- Non-refundable grant of up to ₹10 lakh
- Direct support for product development, marketing, and team building
- Access to mentors, business networks, and startup infrastructure
- Opens doors for future seed funding for startup expansion
- Boosts visibility and trust in the startup ecosystem
Startups can also explore additional government funding schemes for tech startups or leverage support from certified incubators.
How to Get Funding for Tech Startup?
If you're a founder looking for a funding scheme for tech startup business, here’s your roadmap:
- Build a prototype or MVP
- Create a well-designed pitch deck
- Register on the Startup India platform
- Choose an eligible Genesis incubator
- Apply with all documentation
- Present your idea if shortlisted
- Receive funding and join the mentorship program
How to Apply for Genesis EIR?
Applying for the Genesis EIR Scheme is simple if you follow these smart steps:
- Prepare Your Business Plan:
Write a clear business plan that explains your product, how it works, who your target customers are, and how you plan to make money. This shows you're serious and ready. - Choose an Incubator:
Pick an incubator listed under the Genesis scheme — preferably one close to your location. They’ll guide you through the selection process. - Apply Online:
Visit the official Genesis EIR portal and fill out the application form. Upload all required documents like your pitch deck, ID proof, and business plan. - Wait for Shortlisting:
A panel of experts will review your application. They’ll check how innovative your idea is, how scalable it can be, and whether it fits the market needs. - Receive Grant + Mentorship:
If selected, you’ll get up to ₹10 lakh in funding along with mentorship and access to startup resources.
Why Choose Genesis EIR Scheme for Tech Startup?
The Genesis EIR Scheme stands out because:
- It provides equity-free funding for early-stage tech startups
- Backed by MeitY, it adds credibility and connects you to government support
- Especially beneficial for startups from smaller towns
- Offers full startup enablement: grant, mentorship, infra
- Perfect launchpad for tech entrepreneurs seeking structured growth
Whether you need seed funding for startup launch or expert guidance, this scheme sets a strong foundation.
Final Thoughts
The Genesis EIR Scheme is a strategic opportunity for anyone building a tech-focused startup in India. By combining funding, mentorship, and visibility, it helps new businesses succeed in a competitive space.
Ready to Take the Next Step?
Visit the official Genesis EIR portal today and take the first step toward turning your tech idea into a thriving business.
FAQs
1. What is Genesis EIR?
It’s a government initiative offering grants and support for early tech startups in India.
2. How much funding is offered?
Up to ₹10 lakh as a non-refundable grant.
3. Who can apply?
Indian entrepreneurs with a tech-based startup or prototype, especially from Tier 2/3 cities.
4. Is an MSME certificate required?
Not compulsory, but helpful to improve application strength.
5. Where to apply for Genesis EIR?
On the official MeitY GENESIS portal or through listed incubators.