meity-tide2

About the Program

Maker Village is proud to be selected among few incubators to host TIDE 2.0[Technology Incubation & Development of Entrepreneurs] program under the Ministry of Electronics & Information Technology [MeitY], Govt. of India. The TIDE 2.0 scheme envisages provisioning support to tech start-ups with socio relevant themes during the entire journey from idea-to-market. Financial support in the form of Entrepreneur-in-Residence [EiR] is provided to start-ups to support for development to MVP.

Sector

EIR (Entrepreneur-in-Residence)

    The Programme aims:

      • To promote tech entrepreneurship through financial and technical support to incubators engaged in supporting ICT start-ups using emerging technologies such as IoT, AI, Block-chain, Robotics, etc. in preidentified areas of societal relevance.
      • The scheme envisions creating a holistic ecosystem to support technology start-ups and incubation centres through identifying and creating necessary linkages.
eir
Sector

ELIGIBILITY

    • The EIR applicant should be citizen of India. An Indian citizen is defined as one who is in possession of a government approved proof of nationality such as a valid passport, voter’s id etc.
    • The applicant must have completed basic graduation as on date of applying for EIR.
    • The EIR applicant should possess min. 18 years of age and maximum 40 years of age.
    • Must be physical incubate for entire idea development
    • Must be physical incubate for entire idea development
    • The recipient shall be a founder of start-up/company registered under DPIIT(OR ready to register within 6 months of EIR acceptance ).
    • The TIDE-EIR support recipient should propose one technology business idea in a prescribed format.
    • EIR seeking support should have a formal business plan for the idea they intend to pursue and a business presentation including the investment proposal.
Timeline

Timeline

    • A 12-month program at Maker Village to support young innovators working on ICT enabled ideas with social relevance.
Benefits

BENEFITS FOR STARTUPS

    • Provide holistic incubation support including co-working space, mentoring, and networking for start ups.
      The financial support for startups will be provided to Facilitate IPR filings.
      Make pursuing entrepreneurship more attractive among available career options
      Enable productizing the ideas, creating of new start-ups and raising next round of funding or investment.
    ,

    TAKEAWAYS FOR STARTUPS

      Avail world class facilities for electronic and mechanical manufacturing
      Funding support of 4lakh
      Exposure to ecosystem and support through investments and grants

Last date for application: 21st August 2024


For enquiries please email: pm2.makervillage@iiitmk.ac.in