Deadline: August 10, 2025
The VIT-Technology Business Incubator is accepting applications for MeitY TIDE 2.0 to offering MeitY EiR & Grant programs for innovators.
Features
- The few salient features of the TIDE 2.0 scheme
- Provide financial support to start-ups and incubates
- Provide holistic incubation support including co-working space, mentoring, and networking to facilitate start-ups with a more comprehensive support thereby addressing the issue of accessibility
- Creating entrepreneurship models of both financial as well and social value
- Fostering and evangelizing a vibrant entrepreneurship ecosystem that inspires budding entrepreneurs as well as support existing ones
- Managing a network of incubation centres, collaborating platform and handling of ecosystem through a MeitY Startup Hub (MSH) especially constituted for this purpose.
- The scheme will also aim to facilitate increased IPR filings and adherence to relevant technology standards.
Focus Areas
- ICT Startups focusing on:
- IOT
- AI
- Block-chain
- Robotics
Types of Grants
- Entrepreneur-In-Residence (EiR) Program:
- An Entrepreneurs-in-Residence (EiR) is an individual(s)/ student(s)/ start-up who need to develop and validate their idea to have a Proof-of-Concept (POC) in place.
- Grants Program:
- A start-up with ready Proof-of-Concept can be considered eligible for the grant. The grant is provided to create a Minimum Viable Product and to advance the start-up till Go-to-market stage.
Funding Information
- Entrepreneur-In-Residence (EIR) Program:
- A maximum up to Rs.4 Lakhs will be provided to each EIR as Grant.
- Grants Program:
- A maximum of up to Rs.7 Lakhs will be provided to each start-up as Grant.
Eligibility Criteria
- Early stage startups are encouraged to apply.
For more information, visit VITTBI.
