MeitY TIDE 2.0

Technology Incubation and Development of Entrepreneurs (TIDE 2.0) program.

Application Deadline: 31st March 2021

About the Program

TIDE 2.0 scheme by MeitY aims to promote technology startups working in emerging technologies through financial and technical support. The Grand Challenge by KIIT-TBI under TIDE 2.0 scheme focuses on bringing out these tech-preneurs working on technologies such as IoT, robotics, AI-ML, blockchain and others in the domains of Healthcare, Education, Agriculture, Financial inclusion including digital payments, Infrastructure and transportation, Environment and clean tech, Clean energy and other emerging areas.

Supported by

For Whom?

Budding entrepreneurs at PoC/ early Prototype Stage​

Assistance

Entrepreneur-in-Residence (EiR) Funding support upto ₹ 4 lakh: For validation and development of an idea.
Grant Funding support upto ₹ 7 lakh: For translation of PoC to MVP.

Duration

12 Months

Focus Areas

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Healthcare
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Agritech
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Edutech
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Fintech
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Environment & Clean Tech
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Clean Energy
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Other Emerging Areas

Eligibility Criteria & preferences

  1. The applicant must have completed the basic graduation in Basic Sciences/ Engineering/ Biotechnology/ Medicine/ Law etc. as on the date of accepting EIR.
  2. The applicant should be citizen of India with possession of a government approved proof of nationality such as a valid passport, voter’s id etc.
  3. The innovator must be under the age of 35.
  4. TIDE 2.0 EIR support recipient should not treat this support as a stop gap arrangement to support them in their academic pursuits or transition between jobs.
  5. The applicant must be has to register his/her own company within 3 months of the acceptance of EIR.
  6. Preferences will be given to Woman entrepreneurs.
  7. Preferences will be given to idea with a granted/published patent or atleast a provisional patent applied.
  8. Preferences will be given for a well-structured dedicated team working towards the innovation.
  1. The applicant must have completed the basic graduation in Basic Sciences/ Engineering/ Biotechnology/ Medicine/ Law etc. as on the date of accepting EIR.
  2. The applicant should be a citizen of India with possession of a government-approved proof of nationality such as a valid passport, voter’s id etc.
  3. The innovator must be under the age of 35.
  4. The applicant may be an individual innovator or a nascent startup (less than 2 years old as on the date of application)
  5. The applicant (if not a startup) must be willing to incorporate a company within 3 months of the acceptance of TIDE 2.0 Grant.
  6. TIDE 2.0 Grant says recipients should not treat this support as a stop gap arrangement to support them in their academic pursuits or transition between jobs.
  7. Preferences will be given to Woman entrepreneurs.
  8. Preferences will be given to idea with a granted/published patent or atleast a provisional patent applied.
  9. Preferences will be given for a well-structured dedicated team working towards the innovation.

Our Working Process

01.

Call Opens

Generally for a window of 1 month.

02.

Announcement

Announcement of Shortlisted Candidates.

03.

Selection

Presentation to Selection Committee.

04.

Results

Final List of Candidates Selected.