TIDE 2.0: Empowering Tech Entrepreneurs through Technology Incubation and Development
Learn about TIDE 2.0, a MeitY initiative supporting ICT startups with funding, incubation, and mentorship to solve societal challenges through technology.
The Technology Incubation and Development of Entrepreneurs (TIDE 2.0) is a flagship scheme launched by the Ministry of Electronics and Information Technology (MeitY). Designed to strengthen the startup ecosystem in India, it provides financial and technical support to tech-based startups leveraging ICT (Information and Communication Technology) across seven key thematic areas including healthcare, education, and agriculture.
What is this scheme?
TIDE 2.0 is an upgraded version of the original TIDE scheme, aiming to promote tech entrepreneurship by supporting 51 incubators and approximately 2000 tech startups across the country. The scheme focuses on deep-tech innovations that solve societal problems, offering a tiered structure of support ranging from EIR (Entrepreneur-in-Residence) to Grant and Equity investments.
Who is eligible?
- The applicant must be an Indian citizen or a startup registered in India.
- The startup must be working on an ICT-based solution for societal challenges.
- Startups should focus on thematic areas like IoT, AI, BlockChain, Robotics, etc.
- Academic institutions or TIDE centers must be official partners to host the entrepreneur.
- The business must be in the ideation, prototyping, or early-growth stage.
How much money?
TIDE 2.0 offers varied support: EIRs receive up to INR 4 Lakhs for validation; Grants for MVP development go up to INR 7 Lakhs; and follow-on investments can reach up to INR 40 Lakhs per startup.
Documents needed
- Aadhar Card of the founder(s)
- Company Registration Certificate (if applicable)
- Detailed Project Report (DPR) or Pitch Deck
- Proof of Address and Identity
- Bank Account details for the startup/individual
- Academic qualification certificates
How to apply (step by step)
- Identify a MeitY-recognized TIDE 2.0 incubation center.
- Visit the specific portal of the incubation center or the MeitY Startup Hub (MSH) website.
- Submit a detailed application outlining the technology, societal impact, and business model.
- Undergo a screening process or pitch session before an evaluation committee.
- Upon selection, enter into an agreement with the incubator to receive funding and mentorship.
Important dates
| Event | Date |
|---|---|
| Scheme Duration | Operational through 2026 as per MeitY extensions |
| Application Cycle | Rolling basis or as per specific incubator call for applications |
Conclusion
TIDE 2.0 stands as a pillar for the 'Digital India' and 'Startup India' missions. By bridging the gap between academic research and commercial viability, it ensures that high-potential tech entrepreneurs have the resources they need to scale. For the most current list of active incubators, founders are encouraged to visit the MeitY Startup Hub portal.
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