MySubsidy

Ministry of Electronics and Information Technology (MeitY)

Central government · Government of India · New Delhi, Delhi

India's nodal tech-startup ministry funds 3,600+ startups via TIDE 2.0, GENESIS & SAMRIDH.

About Ministry of Electronics and Information Technology (MeitY)

MeitY Startup Hub (MSH) is the startup-focused initiative of the Ministry of Electronics and Information Technology (MeitY), Government of India. It acts as the central coordination platform connecting incubation centres, accelerators, investors, and corporates to support technology startups across India, with a particular focus on Tier II and Tier III cities. MeitY was restructured as a full ministry on 19 July 2016. MSH channels three of MeitY's startup schemes — TIDE 2.0, GENESIS, and SAMRIDH — through a network of government-supported incubators nationwide.

The organisation runs several programmes. TIDE 2.0, launched in 2019 with a ₹264.62 crore outlay, offers a ₹4 lakh per quarter EIR stipend for early-stage entrepreneurs and up to ₹7 lakh in grant-in-aid over 12 months for prototype development. GENESIS, approved with a ₹490 crore outlay, targets roughly 1,600 tech startups over five years, with components including an EIR Grant of up to ₹10 lakh per year, a Pilot Program of up to ₹40 lakh, and Matching Investment Funding of up to ₹50 lakh against external investor funding. SAMRIDH partners with 22+ accelerators across 12 states, providing ticket sizes from ₹10 lakh to ₹1 crore in angel or co-investment funding, and supported 175 tech startups in its first cohort. The IndiaAI Mission, with a ₹10,371 crore outlay, is a MeitY-anchored initiative backing AI-native startups, including foundational model developers.

As of 2024, MeitY has supported 3,600+ tech startups with total disbursals of ₹212 crore. MSH partners with Razorpay and other corporates to provide non-dilutive grants and market access. Its programmes suit Indian technology product startups working in IT/software, AI/ML, IoT, cybersecurity, blockchain, and digital health. TIDE 2.0 targets first-generation entrepreneurs at the idea or prototype stage, GENESIS suits deeptech founders in Tier II/III cities, and SAMRIDH is for revenue-stage startups seeking co-investment and accelerator support.

Subsidy schemes

SubsidyCentral governmentOpen for applications

Scheme for Reimbursement of Testing and Certification Charges for Start-ups and Telecom MSEs

Ministry of Electronics and Information Technology (MeitY)

A MeitY-DoT scheme reimburses up to 75% of telecom testing/certification costs for DPIIT-recognised start-ups and MSME-registered micro & small enterprises, capped at ₹50 lakh.

Subsidy amount
Up to ₹50,00,000
Deadline
Rolling

Deeptech Electronics Robotics · Ai Saas Enterprise · Certification · Financial Support

SubsidyCentral governmentOpen for applications

Production Linked Incentive Scheme (PLI) for IT Hardware

Ministry of Electronics and Information Technology (MeitY)

The PLI scheme funds eligible companies to boost domestic IT hardware manufacturing and cut import reliance.

Deadline
Rolling

Deeptech Electronics Robotics · Manufacturing · Ithardware · Incentive

SubsidyCentral governmentOpen for applications

Production Linked Incentive Scheme (PLI) for IT Hardware Scheme 2.O

Ministry of Electronics and Information Technology (MeitY)

The MeitY PLI Scheme 2.0 offers financial incentives on incremental sales to eligible Indian-registered companies manufacturing IT hardware like laptops, tablets, and servers.

Deadline
Rolling

Deeptech Electronics Robotics · Manufacturing Industrial · It Hardware · Manufacturing

SubsidyCentral governmentOpen for applications

Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS)

Ministry of Electronics and Information Technology (MeitY)

The MeitY scheme reimburses 25% of capital expenditure for entities manufacturing electronic components and semiconductors in India.

Subsidy amount
₹1,25,00,000 – ₹2,50,00,00,000
Deadline
Rolling

Deeptech Electronics Robotics · Electronics Manufacturing · Semiconductors · Capital Expenditure

Contact

Details last verified on 18 April 2026. Source: the issuer's published information.