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MeitY TIDE 2.0 Scheme

Sponsored by The Ministry of Electronics and Information Technology, TIDE 2.0 makes available funding support for startups engaged in ideas related to electronics and communication solutions. The startups are expected to utilize the funds for prototyping.

Funding Innovation: Meity TIDE 2.0 for Electronics and Communication Startups

Maximum Funding per startup: INR 7 Lacs

Catalyst invites applications for ideation & prototype level projects under the Tide 2.0 scheme of the MeitY, GoI. The TIDE 2.0 scheme envisages provisioning support to tech startups during the entire journey from idea-to-market. The period of prototyping support can be up to 12 months.

Purpose: Prototyping, Funding Agency: MEITY
Objectives of Tide 2.0 Scheme
  • Fostering and evangelizing a vibrant entrepreneurship ecosystem that inspires budding entrepreneurs as well as support existing ones.
  • Creating entrepreneurship models of both financial as well as a social value.
  • Provide holistic incubation support including co-working space, mentoring, and networking for startups.
  • The financial support for startups will be provided to Facilitate IPR filings.
  • Year-Round Engagement Programs- Low & Deep Engagement Programs, Challenge Grants, Hackathons, IPR Sensitization and an Annual Global Startup Event.
  • Providing robust Corporate-Start-up Business Connect Platform for startups.
About MeitY

To promote e-Governance for empowering citizens, promoting the inclusive and sustainable growth of the Electronics, IT & ITeS industries, enhancing India’s role in Internet Governance, adopting a multipronged approach that includes the development of human resources, promoting R&D and innovation, enhancing efficiency through digital services and ensuring secure cyberspace.

About Tide 2.0

Technology Incubation and Development of Entrepreneurship (TIDE 2.0) is a scheme for handholding close to 2000 Technology Startups addressing societal challenges in seven selected thematic areas identified based on national priorities. The seven areas of national concern have been identified as Healthcare, Education, Agriculture, Financial inclusion including digital payments, Infrastructure and transportation, Environment and cleantech, clean energy, and other emerging ICT based areas.

Tide 2.0 GRANT

The program mainly targets a valid PoC to be transformed to prototype or a Minimum Viable Product (MVP) by providing ample opportunities and support in terms of product development assistance, access to technical experts, mentoring, infrastructure and administrative support. Hence, the program bridges the gap between idea and prototype funding.

Eligibility Criteria:
  • The applicant should be a citizen of India.
  • The idea should fall within the listed focus areas.
  • The start-up should have a definite proof of concept which is to be further developed into a prototype or Minimum Viable Products (MVP).