Gen-Next Support for Innovative Startups (GENESIS) Entrepreneur-in-Residence (EiR) program funded by the Ministry of Electronics & Information Technology (MeitY) that promotes the startup ecosystem in Tier-II & Tier-III cities in the country. GENESIS EiR Scheme supports startups, students, and entrepreneurs engaged in using emerging technologies such as IoT, Block-chain, AI/ML , Cybersecurity , VLSI/Semiconductor , Quantum Computing , AR/VR/Spatial and Immersive tech.
Senior research fellows/scholars having finished/finishing in <6 months PhD/Post-Doc.
Final semester students /recently graduated alumni of UG & PG in any discipline.
Independent innovators, scientists, and prospective entrepreneurs (BBA/MBA etc. Graduates) from across science, engineering, management, and technology schools/departments
The startup should be in the ideation, validation, proof if concept (PoC) or prototyping / working prototype stage.
GENESIS EiR applications seek proposals once a year.
Following documents must be submitted once the applicant/proposed startup is selected:
Certificate of Incorporation
Memorandum of Association
Articles of Association
MGT 7
AOC 4
Audit Report
Audited Financial Statements: A signed copy of the Financial Statement
KYC of Directors
Includes all the directors: 1. PAN Card 2. Aadhar Card
Board Resolution for Agreement
A signed copy of Board Resolution
GST Number
TAN Number
Bank details: Copy of bank statement/canceled cheque of new bank A/c.
Photograph of the Proposer
The startup must be physically incubated at SIIC, IIT Kanpur.