{"id":874541,"date":"2026-08-28T12:32:33","date_gmt":"2026-08-28T12:32:33","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/874541\/"},"modified":"2026-08-28T12:32:33","modified_gmt":"2026-08-28T12:32:33","slug":"gen-next-support-for-innovative-startups-scheme-features","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/874541\/","title":{"rendered":"Gen-Next Support for Innovative Startups Scheme, Features"},"content":{"rendered":"<p>Gen-Next Support for Innovative Startups Scheme is a flagship initiative of the Ministry of Electronics and Information Technology (MeitY) Startup Hub.<\/p>\n<p>\t\t\tGen-Next Support for Innovative Startups Scheme Latest News<\/p>\n<p>Recently, the Ministry of Electronics and Information Technology through MeitY Startup Hub (MSH) has launched Gen-Next Support for Innovative Startups (GENESIS) Entrepreneur-in-Residence (EIR) Cohort 3.<\/p>\n<p>About Gen-Next Support for Innovative Startups Scheme<\/p>\n<p>It is a flagship initiative of the Ministry of Electronics and Information Technology (MeitY) Startup Hub.<br \/>\nIt is designed to discover, support, grow and accelerate startups across India\u2019s Tier-II and Tier-III cities.<br \/>\nFocus: Through its Entrepreneur-in-Residence, Pilot (EIR), Investment and DeepTech funding components, GENESIS supports startups and innovators from early ideation and experimentation through to validation, investment and scale.<\/p>\n<p>The EIR component specifically provides funding of up to Rs 10 lakh per startup to help innovators, students and entrepreneurs at the ideation and prototype stages develop their ideas into pilot-ready solutions.<\/p>\n<p>Financial Assistance: Total budget outlay of \u20b9490 crore,<br \/>\nThe scheme seeks to unlock the entrepreneurial potential of emerging regions and connect them more deeply with India\u2019s growing innovation ecosystem.<\/p>\n<p>Key Facts about GENESIS EIR 3.0<\/p>\n<p>It will support innovations in areas including artificial intelligence and machine learning, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/internet-of-things-iot\/\" target=\"_blank\" rel=\"nofollow noopener\">Internet of Things<\/a>, semiconductor and VLSI technologies, cybersecurity, blockchain, quantum technologies, and augmented reality, virtual reality, spatial and immersive technologies.<br \/>\nEligibility for GENESIS EIR 3.0<\/p>\n<p>Applicants must be Indian citizens and may include entrepreneurs, innovators, researchers, students or founders and co-founders of early-stage startups.<br \/>\nThe proposed innovation must be at Technology Readiness Level (TRL) 1-4, covering stages from ideation and proof of concept to prototype, MVP or early validation.<br \/>\nFor incorporated startups, the company must be less than two years old as of the date of application and must be based in a Tier-II or Tier-III city.<br \/>\nApplicants are also required to ensure that the proposed idea or startup has not received financial assistance exceeding Rs 10 lakh under any Central or State government scheme.<\/p>\n<p>Source: <a href=\"https:\/\/www.pib.gov.in\/PressReleaseDetail.aspx?PRID=2302611&amp;reg=48&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/p>\n<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"18\" height=\"14\" alt=\"Update Icon\" data-lazy-src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/update.webp\"\/><br \/>\n                    Latest UPSC Exam 2026 Updates        <\/p>\n<p>\n                           <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"16\" height=\"17\" alt=\"Date Icon\" data-lazy-src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/date.webp\"\/>Last updated on August, 2026\n                       <\/p>\n<p>\u2192 <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains 2026<\/a>\u00a0commenced on 21st August 2026 and will continue through 30th August 2026, as per the official examination schedule.<\/p>\n<p>\u2192 <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-question-paper-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains Question Paper 2026<\/a> is out now for Essay &amp; 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Ravi\u2019s <a href=\"https:\/\/vajiramandravi.com\/courses\/upsc-mains-test-series\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains Test Series 2027<\/a> for structured answer writing practice, expert evaluation, and exam-oriented feedback.<\/p>\n<p>\u2192 Join Vajiram &amp; Ravi\u2019s <a href=\"https:\/\/vajiramandravi.com\/courses\/upsc-mentorship-program\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mentorship Program 2027<\/a> for personalized guidance, strategy planning, and one-to-one support from experienced mentors.<\/p>\n<p>\u2192 Go through the <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-previous-year-question-papers\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains Previous Year Papers<\/a> to enhance your preparation.<\/p>\n<p>\u2192 Download <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-essay-question-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains Essay Paper 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-gs-1-question-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains GS Paper-I 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-gs-2-question-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains GS Paper-II 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-gs-3-question-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains GS Paper-III 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-gs-4-question-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains GS Paper-IV 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-english-compulsory-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains English (Compulsory) Paper 2025<\/a>, <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-mains-indian-language-paper-2025\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Mains Hindi (Qualifying) Paper 2025<\/a> here.<\/p>\n<p>\u2192 UPSC has released <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-toppers-list\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Toppers List 2025<\/a> with the Civil Services final result on its official website.<\/p>\n<p>\u2192 <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/upsc-calendar\/\" rel=\"nofollow noopener\" target=\"_blank\">UPSC Calendar 2027<\/a> has been released.<\/p>\n<p>\u2192 Also check <a href=\"https:\/\/vajiramandravi.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Best UPSC Coaching in India<\/a><\/p>\n<p>Gen-Next Support for Innovative Startups Scheme FAQs<\/p>\n<p class=\"faq-question\" style=\"margin: 0.5em 0;padding:10px;color:#000;cursor:pointer\">Q1. Which ministry launched the Gen-Next Support for Innovative Startups Scheme?+<\/p>\n<p class=\"faq-answer\" style=\"font-size:16px;display:none;margin-left:20px;\">Ans. Ministry of Electronics and Information Technology<\/p>\n<p class=\"faq-question\" style=\"margin: 0.5em 0;padding:10px;color:#000;cursor:pointer\">Q2. What is the total outlay and target of GENESIS?+<\/p>\n<p class=\"faq-answer\" style=\"font-size:16px;display:none;margin-left:20px;\">Ans. Rs 490 crore &#8211; 1,600 startups<\/p>\n<p style=\"margin-top:1.4em;\">Tags: <a class=\"tags\" style=\"color:#fff!important\" href=\"https:\/\/vajiramandravi.com\/current-affairs\/tag\/gen-next-support-for-innovative-startups-scheme\/\" rel=\"nofollow noopener\" target=\"_blank\">gen-next support for innovative startups scheme<\/a> <a class=\"tags\" style=\"color:#fff!important\" href=\"https:\/\/vajiramandravi.com\/current-affairs\/tag\/prelims-pointers\/\" rel=\"nofollow noopener\" target=\"_blank\">prelims pointers<\/a> <a class=\"tags\" style=\"color:#fff!important\" href=\"https:\/\/vajiramandravi.com\/current-affairs\/tag\/upsc-current-affairs\/\" rel=\"nofollow noopener\" target=\"_blank\">upsc current affairs<\/a> <a class=\"tags\" style=\"color:#fff!important\" href=\"https:\/\/vajiramandravi.com\/current-affairs\/tag\/upsc-prelims-current-affairs\/\" rel=\"nofollow noopener\" target=\"_blank\">upsc prelims current affairs<\/a> <\/p>\n<p>Previous Article<br \/><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/guggal-plant\/\" rel=\"nofollow noopener\" target=\"_blank\">Guggal Plant<\/a>Next Article<br \/><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/doronicum-sanctum\/\" rel=\"nofollow noopener\" target=\"_blank\">Doronicum sanctum<\/a><img loading=\"lazy\" decoding=\"async\" width=\"100\" height=\"100\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Vajiram Prelims Team\" data-lazy-src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/1787920352_983_7eb129f58cb3ec0266824bc59367998f3e6a03ac5272fa68381bc7b7ee08800b.jpeg\"\/><\/p>\n<p>At Vajiram &amp; Ravi, our team includes subject experts who have appeared for the UPSC Mains and the Interview stage. With their deep understanding of the exam, they create content that is clear, to the point, reliable, and helpful for aspirants.Their aim is to make even difficult topics easy to understand and directly useful for your UPSC preparation\u2014whether it\u2019s for Current Affairs, General Studies, or Optional subjects. Every note, article, or test is designed to save your time and boost your performance.<\/p>\n<p>Related Posts<\/p>\n<p>Courses<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"UPSC Sureshot Mains Test Series\" width=\"240\" height=\"144\" data-lazy-src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/SureShot.webp\"\/><\/p>\n<p>UPSC Sureshot Mains Test Series<\/p>\n<p>\n\u20b927000\n<\/p>\n<p><a href=\"https:\/\/vajiramandravi.com\/courses\/upsc-mains-test-series\/\" class=\"explore-button\" target=\"_blank\" rel=\"nofollow noopener\">Enroll Now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Gen-Next Support for Innovative Startups Scheme is a flagship initiative of the Ministry of Electronics and Information Technology&hellip;\n","protected":false},"author":2,"featured_media":874542,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137,303478],"class_list":["post-874541","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-ca","tag-canada","tag-entrepreneurship","tag-gen-next-support-for-innovative-startups-scheme"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/874541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=874541"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/874541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/874542"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=874541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=874541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=874541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}