Applications Invited for MeitY Startup Hub GENESIS Entrepreneur-in-Residence (EiR) Program

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About the Organization

Atal Incubation Centre (AIC) set up at AIC-ADT BARAMATI FOUNDATION with the support of Atal Innovation Mission NITI Aayog with the aim of serving as an active catalyst for the development of promising bentrepreneurs. It is a step to assist budding entrepreneurs in their start up journey and eventually create jobs and promote innovation ecosystem in rural area like Baramati. The current science and technology based entrepreneurship ecosystem needs innovative alternatives to mainstream venture investing models – a new category of risk underwriting which is not averse to extremely high early stage risk. We have carefully designed a 3-tier ecosystem architecture to nurture entrepreneurs and innovators through their lab to market journey. This architecture connects the innovation and investment ecosystems and allows for an effective mechanism for allocating resources to mission driven entrepreneurs. The architecture has been designed to drive convergence between the objectives of the entrepreneurs seeking financial and operational support and the providers of risk capital and technical expertise.

About the Grant

Are you a first-generation entrepreneur with an innovative tech idea? The AIC-ADT Baramati Foundation is excited to announce the launch of the MeitY GENESIS Entrepreneur-in-Residence (EiR) Program! This is your chance to turn your vision into reality with the support you need to grow your startup.

Focus Areas:

• Soil Tech
• Water Tech
• Precision Agriculture
• Post-Harvest Tech
• Crops and Livestock

Technology in Focus: IoT, AI/ML, UAV/Drones, Smart Devices & Tools, Equipment & Machinery.

Eligibility

• Indian citizen aged 18 or above
• Registered as a Private Limited Company or LLP
• Startup must be less than 1 year old
• No external funding exceeding ₹10 Lakhs
• Priority for entrepreneurs from Tier 2 & 3 cities.
• Startups in ideation, validation, or early stages.

How to Apply

Apply Now: https://bit.ly/MeitYGENESISAICADT

Deadline: 20th January 2025

For more information please check the Link

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Tags Entrepreneurship Food, Agriculture and Nutrition Innovations and Technology Rural Development Water Others