Government Schemes and Policy · 27 August 2026

GENESIS EIR Cohort-3 Launched with Up to ₹10 Lakh Financial Assistance

Exam-focused facts from the 27 August 2026 current affairs briefing.

Key facts

  • The Ministry of Electronics and Information Technology (MeitY) launched the GENESIS Entrepreneur-in-Residence (EIR) Cohort-3 at the GENESIS NextGen Startup Summit in Coimbatore on 4 August 2026.
  • The programme provides financial assistance of up to ₹10 lakh to selected early-stage deeptech founders through participating GENESIS incubators.
  • Applications for GENESIS EIR Cohort-3 are open until 3 September 2026 on the official GENESIS portal.
  • The programme prioritises founders in Tier-II and Tier-III cities to decentralise India's startup ecosystem.
  • Eligible innovations must be at Technology Readiness Level (TRL) 1 to 4, and incorporated startups must be less than two years old.
  • Focus areas include AI/ML, IoT, semiconductor/VLSI, cybersecurity, blockchain, quantum technologies, and AR/VR.

View this story in the full daily briefing

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