GENESIS Pilot 2.0

About

The GENESIS Pilot 2.0 program offers funding and support for startups in Tier 2 and Tier 3 cities in India to successfully deliver pilot projects, with financial backing based on verified costs and capped equity terms.

Benefits

• 💰Funding Support
  Up to ₹40 lakh based on the verified cost of delivering the Pilot PO/WO
• 📈Equity Terms
  Equity capped at 3% of fully diluted post-money shareholding
• ⏳Disbursement Timeline
  Funding may take 4-5 months from the Call of Application

Eligibility Criteria

• DPIIT-recognised startups incorporated in a Tier 2 or Tier 3 city
• Startups must be 1-5 years old with Indian founders holding at least 51%
• Must have a Pilot PO/WO of ₹1 lakh–₹1 crore from an eligible Pilot Partner
• Cumulative revenue must be up to ₹1.5 crore
• Beneficiaries of TIDE 2.0, SAMRIDH, or ongoing GENESIS EIR cohort are not eligible

Participation Commitments

• Submit a complete application form with all required sections
• Agree to the Terms and Conditions and Privacy Policy

Target Region

Tier 2 and Tier 3 cities in India

Target Sector

Startups with a focus on technology and product development