KIIT-TBI JOURNEY with the support of
MINISTRY OF ELECTRONICS & INFORMATION TECHNOLOGY, GoI
OUR JOURNEY WITH MeitY
The journey of KIIT-TBI with MeitY, GoI has been marked by unwavering support and collaboration to foster sustainable growth in the Electronics and IT industries in Odisha and PAN India. MEITY’s flagship programs, including TIDE 2.0, TIDE Scale Up Fund & SAMRIDH Accelerator schemes, have played a pivotal role in KIIT-TBI’s efforts to promote technology-led innovations in the IT and Electronics sector. MEITY’s support through the TIDE 2.0 EIR and Grant has been instrumental in encouraging and nurturing early-stage innovative concepts, driving them toward validation and commercialization. 15 innovations have received backing under these schemes, and several have secured private investments exceeding INR 10 Crores. Additionally, the SASACT scheme, which KIIT-TBI partnered with MEITY, has furthered the growth of 10 startups in the market. These startups have been working on electronics hardware and ICT-based technologies to develop or repurpose solutions for the post-COVID-19 scenario & have led to external investments totaling INR 48 Crores. Recently, the SAMRIDH Accelerator scheme has come into play, and KIIT-TBI has onboarded 14 startups under this initiative.
Impact
Tech Supported
Startup Supported
External FUnd Raised
Funds Mobilized
revenue generated
EMPLOYMENT GENERATED
Total IP GENERATED
Product Commercialised
WOmen led Startup
MeitY SUPPORTS FOR STARTUPS
MeitY TIDE 2.0 EIR
“Empowering startups and individuals to validate, develop, and realize their innovative ideas with up to ₹4.00 lakh support for a 1-year PoC journey.”
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MeitY TIDE 2.0 GRANT
“Nurturing startups and individuals to transform PoC into Prototype/MVP with up to ₹7.00 lakh funding support for a 1-year development journey.”
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MeitY TIDE 2.0 SCALE UP INVESTMENT FUND
“Powering startups with viable products to scale up, prototype, and achieve market-readiness with up to 40 Lakh funding support from KIIT TBI.”
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MeitY SASACT
“An initiative to support electronics hardware/ ICT based startups for developing or re-purposing technologies, tools, systems, and solutions to respond to the post-COVID-19 scenario emerging in the near horizon.”
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MeitY SAMRIDH ACCELERATOR
“Catalyzing Incubators to Empower IT Startups for Transformative Social Impact with Up to ₹80 Lakh Funding Boost.”
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Success Stories
Contacts
Location
KIIT-Technology Business Incubator
Campus 11, KIIT-DU, Bhubaneswar, Odisha, IN 751024
