TIDE 2.0

Technology Incubation and Development of Entrepreneurs

Technology Startup

Objectives

Technology Incubation and Development of Entrepreneurs (TIDE 2.0) is a scheme for strengthening Technology Startups in selected areas of national concern by leveraging emerging technologies. Main objective is the promotion of tech entrepreneurship through financial and technical support to ICTE startups engaged in using emerging technologies such as IoT, AI, Block-chain, Robotics etc. in eight (08) pre-identified areas of societal relevance.

Supported By: Ministry of Electronics and Information Technology (Meity)

Eligibility

Entrepreneur in Residence (EiR)

  • Resident of India
  • Undergraduate degree holder or final year student
  • No other source of funding
  • Solely committed to exploring business idea
  • Not a promoter/shareholder of any other company

Grant

  • Resident of India
  • Undergraduate degree holder or final year student
  • Can apply as a private limited company
  • Should have a Proof of Concept (PoC) for MVP development

NOTE: Proposal is to be submitted online only.

Focussed Sectors

*flexibility to support tech startups to address societal challenges in ICTE areas

Financial Support

EiR

4 EiR Fellowships of Rs 4 Lakhs per startup for 1 year may be provided to any applicant having an idea, who then can start working for validation and development of that idea.

Grant

4 grants of Rs 7 Lakhs per startup for 1 year may be provided to any applicant having a Proof of Concept (PoC), who then can start working for further conversion into Minimum Viable Product (MVP).

TIDE 2.0 Offers