MeitY GENESIS
Matching Investment Scheme
A premier national funding initiative by the Ministry of Electronics and Information Technology (MeitY), implemented via MeitY Startup Hub and AIC-BIMTECH. The program bridges funding gaps by providing 1:1 matching capital of up to ₹50 Lakhs for tech startups in Tier-II & Tier-III cities that have secured institutional funding.
₹50L
Maximum Matching
1:1
Investment Parity
Tier 2/3
Ecosystem Focus
DPIIT
Recognized Startups
MeitY GENESIS Matching Investment Scheme
Matching funding support of up to ₹50 Lakhs for emerging technology innovators in Tier-II & Tier-III cities.
Program Goals & Scalability Framework
The GENESIS Matching Scheme is structured around 4 fundamental pillars ensuring technology startups achieve sustainable product-market fit, scalable revenue, and long-term investor readiness.
Four integrated milestones that drive venture acceleration
Product Building to Address Right Problems
Moving beyond generic MVPs into deeply engineered, high-utility solutions tailored directly to verified customer pain points.
Systematic Customer Discovery
Intensive market immersion, early adopter interviews, and cohort analytics to establish repeatable user engagement and retention.
Go-to-Market Strategy & Execution
Formulating distribution pipelines, pricing models, corporate pilot agreements, and regional market penetration strategies.
Fundable & Investor-Ready on Demo Day
Rigorous pitch deck sharpening, financial modeling, governance audit, and direct presentations before prominent venture capital networks.
5-Stage Startup Funding Process
From initial application to matching capital deployment, our structured onboarding process ensures complete transparency, rigorous diligence, and rapid acceleration.
Step 01: Apply Online
ApplicationSubmit your venture profile, DPIIT registration certificate, institutional funding documentation, term sheet, and product overview.
Step 02: Pitch the Idea
ScreeningShortlisted startups deliver a virtual pitch presentation before the MeitY-appointed High-Level Investment Committee and sector domain experts.
Step 03: Final Review & Diligence
Due DiligenceIn-depth legal diligence, corporate standing audit, institutional investor verification, and matching allocation sanctioning.
Step 04: Incubation at AIC-BIMTECH
OnboardingFounders are formally inducted into AIC-BIMTECH incubation, unlocking labs, mentor hours, cloud computing credits, and compliance support.
Step 05: Eligible for Funding
DisbursementFormal signing of matching investment agreement and milestone-linked fund disbursement of up to ₹50 Lakhs.
Priority Focus Areas
Matching capital support is prioritized for innovative ventures building proprietary software, hardware, and scalable technology platforms across high-growth domains.
AI & Machine Learning
Computer vision, natural language processing, predictive intelligence, and agentic workflows.
Cybersecurity
Threat mitigation, zero-trust architectures, data protection, and enterprise defensive frameworks.
Internet of Things (IoT)
Smart sensors, industrial automation, telematics, edge devices, and connected hardware systems.
Blockchain & Web3
Decentralized ledgers, smart contracts, provenance tracking, and cryptographic trust systems.
Fintech & Insurtech
Alternative underwriting, embedded finance, micro-lending, and payment infrastructure.
Edtech & Skilling
Adaptive learning, gamified pedagogy, technical skilling, and workforce upskilling platforms.
Healthtech & Medtech
Telemedicine, point-of-care diagnostics, electronic health records, and AI pathology.
Deeptech & Clean Energy
Advanced materials, robotics, battery storage technologies, and semiconductor solutions.
Quarterly Progress & Milestone Framework
Matching funds are disbursed in tranches governed by structured quarterly progress audits, ensuring ventures stay committed to performance and accountability.
Continuous evaluation ensures capital efficiency & growth
Performance-Driven Capital Tranches
To ensure high capital efficiency and founder accountability, matching funding is split across quarterly milestone tranches. At the end of each operating quarter, the startup submits KPI reports and attends a progress review session before the incubation advisory committee.
Satisfactory Quarterly Milestone Met (YES)
Next funding tranche is disbursed immediately, enabling unbroken R&D, talent hiring, and expansion.
Sub-Par Progress / Non-Compliance (NO)
A cure period is provided with dedicated mentor intervention; failure to meet baseline OKRs leads to funding termination.
Eligibility Criteria for Applicants
Ensure your startup complies with all foundational eligibility guidelines before applying for the 1:1 matching scheme.
Foundational Eligibility
- Must be registered as a Private Limited Company in India under the Companies Act.
- Minimum 51% shareholding must be held by Indian citizens.
- Must possess a valid and active DPIIT Recognition Certificate.
- Headquarters or core operations must be located in an eligible Tier-II or Tier-III city.
Investment & Operational Status
- Must have secured committed or closed capital from recognized institutional angel networks or VCs.
- Must have a market-ready product / service with demonstrable early traction.
- Venture must be free from any pending legal disputes or insolvency proceedings.
- Startups funded under TIDE 2.0 (Scale-up) or SAMRIDH are not eligible.
Funding Instrument & Partnership
Tailored matching structure ensuring zero friction and aligned long-term incentives between founders and government ecosystem partners.
1:1 Matching Capital
Every rupee invested by an institutional investor is matched 1:1 by MeitY GENESIS up to a maximum cap of INR 50 Lakhs per approved startup.
Equity / Convertible Notes
Structured under institutional-friendly equity or convertible instruments (CCPS / CCDs), matching the valuation set by lead investors.
Tier-II & III Ecosystem Focus
Specifically designed to democratize venture capital access and catalyze deep-tech hubs beyond the traditional metropolitan cities.
Next Funding Cycle Opening Soon
The current cycle evaluation is underway. Register on the waitlist to receive advance notification, investor readiness guides, and application webinars for the upcoming cohort.