TIDE2.0 Program

Ministry of Electronics and Information Technology (MeitY), Govt of India has initiated Technology Incubation and Development of Entrepreneurs (TIDE 2.0) Program. 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.

IIMV-FIELD is one of the 51 Tide Centers and is awarded G3 Center Status by MeitY. We 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 seed investment and incubation support for a year. Around 2-3 Startups will get selected in this scheme.

Focus Areas

TIDE2.0 Program at IIMV FIELD aims to focus on and support Ventures working in Information and Communication Domains and using emerging technologies, all over India. The Sectors focused in this program are ClimateTech, EduTech, FinTech, MedTech, LogisticsTech, AgriTech & Emerging Mobility.

This program at IIMV FIELD will consist of three Phases –

Phase 1
Outreach & Applications

During this phase, IIMV FIELD will be reaching out to startups expected to be benefitted through this program. Interested & eligible entrepreneurs, with a venture idea or with an already running venture, will need to submit the application form in our website

Phase 2
Screening and Selection

In this phase, upto 15 startups will be shortlisted for a brief interaction with the Screening cum Evaluation Committee (SCEC) & Investment Committee (IC) of IIMV FIELD, for selection to the next phase of the program.

Phase 3
Incubation Support

In this phase, 4 to 6 startups will be selected for a rigorous 12-month long incubation support at IIMV FIELD. This will be provided virtually and/or physically by IIMV FIELD. During this phase, startups will also get financial assistance based on the performance in this program and may be eligible for applying to any other seed funds available at IIMV FIELD.

Opportunities for Startups, Eligibility Criteria, Selection Criteria, Application Process, Application Form, Program Timelines

Click here to download the program brochure which contains all the details.

Application form Link

https://iimvfield.accubate.app/ext/form/1687/1/apply

Last Date for submitting the application form

10^th March 2024 ; 23:59:59 Hrs

Frequently asked Questions

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