KIIT-TBI Ecosystem with the support of
MeitY STARTUP HUB,
MINISTRY OF ELECTRONICS & INFORMATION TECHNOLOGY, GoI
GENESIS SCHEME - Pilot Program
Investment Fund
Funding support of up to ₹40 Lakhs to execute pilot projects with corporates, PSUs, or large enterprises.
ABOUT: GENESIS - PILOT PROGRAM
The Pilot Component under the GENESIS Scheme is designed to empower startups, especially those from Tier-II and Tier-III cities, to validate and showcase their market-ready solutions through pilot projects with corporates and public sector undertakings (PSUs). By facilitating structured pilot engagements, this component creates opportunities for startups to access industry, gain essential credibility, and generate early revenue traction.
OBJECTIVES: GENESIS - PILOT PROGRAM
◉ Bridge the gap between Minimum Viable Product and commercialization, allowing startups to transition innovative prototypes into real-world applications with support from corporates and PSUs.
◉ Provide startups with essential credibility and early revenue traction by enabling pilot projects and demonstration opportunities within the industry ecosystem.
◉ Encourage corporates and PSUs to engage with emerging technologies from the Indian startup ecosystem, driving digital adoption and innovation transfer.
◉ Strengthen collaboration between industry and startups in domains like ICT, artificial intelligence, electronics manufacturing, and deeptech, ensuring robust development and deployment of new solutions.
◉ Align with the GENESIS vision of digitization, inclusivity, employment generation, and economic growth, helping startups contribute meaningfully to India’s digital future.
ELIGIBILITY: GENESIS - PILOT PROGRAM
For Corporates (Pilot Partners):
◉ Minimum turnover of ₹75 crore+ in the last audited financial year.
◉ At least 5 years of operations.
◉ Preference: Govt of India/State govt./PSUs, Fortune 500 companies, large corporates (Indian/Global), unicorn startups.
For Startups:
◉ Must be a DPIIT registered startup.
◉ Should be working in ICT-related domains: IT & AI, electronic design & manufacturing, tech/deeptech products.
◉ Must have: MVP/working prototype, viable business plan, full-time founder/cofounder,
◉ Must have a Pilot work order/ Purchase order from eligible corporate/PSU/unicorn.
FUNDING: GENESIS - PILOT PROGRAM
◉ Each selected startup may receive average funding of ₹40 lakhs (Investment) Based on scope and requirement.
◉ Disbursement may be milestone-based or in single/two tranches, as approved by the Experts Selection committee.
TIMELINE: GENESIS - PILOT PROGRAM
Primary screening by the incubator experts committee, technical competency check, due diligence
(Contractual & Legal).
Centralized checking of documents ensuring compliance, and second level screening of the
shortlisted startups.
Third-level startup screening, compliance review, and financial authorization (Legal & Financial).
Final recommendation and approval (gauge the potential of a startup to succeed.
Final approval of the recommended startups by Expert Committee.
