Overview

Gen-Next Support for Innovative Startups (GENESIS) Entrepreneur-in-Residence is a 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, AI, Block-chain, Robotics etc.

Focus Domains


Entrepreneur Eligibility


Startup Eligibility


Funding and Financial Eligibility


Regional Criteria


Who can apply?


  • Student (Final Year)
  • Individual Innovator
  • Startup

Offerings


GENESIS - EiR


GENESIS - EiR


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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?

Any graduate researcher innovator or startup with Indian citizens.

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, or very early stages.

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 incubation can be virtual or physical depending upon the nature and other logistical aspects of the startup. It is mandatory for the startup to be incubated at SIIC, IIT Kanpur.