Overview

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.

Focus Domains


Eligibility Criteria


Funding and Financial Eligibility


Regional Criteria


Who can apply?


  • Individual Innovator
  • Startup

Offerings


GENESIS - EiR


GENESIS - EiR


Application Process


  • Step 1

    Call for applications for eligible startups.

  • Step 2

    Applicants apply through SIIC website.

  • Step 3

    Shortlisting of the Applications.

  • Step 4

    Internal evaluation of the selected startups.

  • Step 5

    Announcement of the grantees.

Frequently Asked Questions


Who can participate?

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

What is the Startup stage we are looking for ?

The startup should be in the ideation, validation, proof if concept (PoC) or prototyping / working prototype stage.

What is the frequency of call for applications ?

GENESIS EiR applications seek proposals once a year.

List of documents required for submission after the applicant/proposed startup is selected ?

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

Does the applicant need to be virtually or physically incubated at SIIC, IIT Kanpur ?

The startup must be physically incubated at SIIC, IIT Kanpur.