Funding alert from Despande Startups for tier2 & 3 citites only.
Hello
1. MeitY Matching Funds Program
This program is designed for growth-stage startups that have successfully raised capital from private investors. It provides an equity-based 1:1 matching grant of up to ₹50 Lakhs to boost your funding round
Eligibility Criteria
External Investment secured.
Registered in Tier-2/Tier-3 cities.
Must be a DPIIT-registered entity.
2. MeitY GENESIS Pilot Program:
This initiative provides funding to bridge the gap between product development and commercialization. It supports market-ready tech startups by providing up to ₹40 Lakhs to execute a real-world pilot project with a corporate, PSU, or large enterprise, helping you gain validation and initial revenue traction.
Eligibility Criteria
Market-ready MVP/prototype.
Must have a valid Pilot Work Order.
Must be a DPIIT-registered entity.
3. MeitY EIR (Entrepreneur in Residence) Cohort 2.0
For early-stage innovators and first-time entrepreneurs, the EIR program provides a critical financial foundation. This initiative offers a non-matching grant to help you dedicate your time to building out your idea from scratch.
Eligibility Criteria:
Must be Indian citizens.
Registered in Tier-2/Tier-3 cities.
In ideation, validation, or early stages.
Genesis Pilot program form is not working properly.