Technology Incubation and Development of Entrepreneurs Program (India)

The objective is to promote tech entrepreneurship through financial and technical support to incubators engaged in supporting Information & Communication Technology Startups using emerging technologies such as IoT, AI, Block-chain, Robotics etc. in preidentified areas of societal relevance. The program is being implemented since 2019 through empowering 51 incubators across India and is expected to support 2000 tech start-ups over a period of 5 years. The program envisions creating a holistic ecosystem to support technology Startups and incubation centers through identifying and creating necessary linkages.

IIM Visakhapatnam is one of the 5 IIM’s and only third generation IIM to be executing the TIDE 2.0 Program in the incubation centers.

Focus Areas

• TIDE2.0 Program at IIMV FIELD aims to focus on and support ventures using emerging technologies in its solutions, from any sector, from anywhere in India.

Funding Information

• IIMV-FIELD is one of the 51 Tide Centers and is awarded G3 Center Status by MeitY. They are one of the 5 IIM’s and only third generation IIM to be executing the TIDE 2.0 Program in the incubation centers. The support available to Startups selected under TIDE2.0 Program is in two schemes:
  • Entrepreneur-in-Residence (EiR) Scheme
    • Applicable for Startups at Ideation Stage or beyond, with upto INR 4 Lakhs per Startup financial assistance as a grant and incubation support for a year. Around 2-4 Startups will get selected in this scheme.
  • Grant Scheme
    • Applicable for Startups at Proof of Concept (PoC) Stage or beyond, with upto INR 7 Lakhs per Startup financial assistance as a grant and incubation support for a year. Around 2-4 Startups will get selected in this scheme.
• All the selected startups may also get eligible to apply for an additional round of funding (Scaleup Investment Round, upto INR 40 Lakhs), as and when MeitY calls for applications, from the incubated startups in TIDE2.0 Program at IIMV FIELD.

Other Opportunities in the Program

• The selected startups in Phase 3 of the TIDE2.0 Program at IIMV FIELD may also avail.
  • Incubation Services –
    • Mentoring Support – from IIMV faculty, IIM alumni, Resident Mentors, successful entrepreneurs, domain experts, etc.; One to One/One to Many; Last Mile Mentoring and Consultation Support
    • Networking Support – with Institutions, Labs, Organizations, Resource persons, Entrepreneurs, IIMV Clubs etc., Networking Events (Physical/Virtual) and Investor Connects. Access to IIMV FIELD’s Ecosystem partners and Network Institutions.
    • Capacity Development Programs – Access to Workshops, Masterclasses, Knowledge Series, Founders talk series, Ask me Anything series, etc.
    • Infrastructure & Access to Learning Resources – Physical; Coworking spaces in the Incubation Center; Access to certain online & offline learning resources in the state-of-the-art IIMV Library and IIMV FIELD’s library.
    • Promotions in Internal Digital media channels – Social media Pages of IIMVFIELD / of Student Entrepreneurship Club – EPIC Club /of Student body Clubs/ of IIM Visakhapatnam, Through IIMV’s Quarterly Newsletters IIMV Vibes, Annual Reports etc.
    • Media Coverage – Through External Print and Digital Media channels
    • Consultation Support – IIMV PGP Students as Part time interns & Consultants for Marketing/Business Development, etc
    • Customized Business Challenge Competitions & Opportunities – Get solutions to specific Startup problems from IIMV PGP Students by involving them in Competitions, Challenges, etc
    • Business Communications – Pitch Decks, Social Media Posts, Application forms for various opportunities, etc
    • Startup Kit – Joining kit including cloud credits from AWS, Access to YNOS, among 20+ other services etc.
    • Shared Professional Services – For Company Registrations, Web Development, Digital Marketing, Legal, CA, IPR Support, etc at discount prices from their service providers.
    • Information about Live Opportunities – Opportunities of Events, Programs, Bootcamps for Incubation, acceleration, funding at their ecosystem Partners, Network Institutions, social media connections, etc; Through IIMV FIELD’s WhatsApp Business Channel

Eligibility Criteria

• The venture should not have received EIR or Grant Scheme Support in the TIDE2.0 Program from IIMV FIELD or any other TIDE2.0 Centres.
• At least one member from the team should be working in the venture full-time.
• The venture must have already been incorporated by 15 July 2025
• The venture can only be a private limited company
• The venture must be working on emerging technologies in its solutions
• The stage of the venture – at least Ideation (for EIR Scheme); at least Proof of Concept (for Grant Scheme)
• The venture can be from any sector and from anywhere in India.
• Applicant must be a citizen & resident of India and must be at least 18 years of age (as on 15th July 2025)

For more information, visit IIMV FIELD.