MeitY Startup Hub - TIDE 2.0 Scheme — Frequently Asked Questions
Answers to the questions founders most often ask about MeitY Startup Hub - TIDE 2.0 Scheme — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the TIDE 2.0 scheme provide?
The scheme provides grants ranging from ₹4L to ₹7L to selected startups.
What is the application deadline for TIDE 2.0?
The deadline is not specified. Applications are invited periodically by TIDE 2.0 Incubation Centers for their cohorts.
Who is eligible to apply for TIDE 2.0?
Eligible applicants must be Indian citizens. For the EiR stage, individuals or teams with an innovative ICT idea can apply. For the grant stage, a registered startup with a ready Proof of Concept is required. Applicants must be willing to pursue the idea full-time and not hold a similar grant concurrently.
Is DPIIT or MSME registration required for TIDE 2.0?
The provided information does not mention DPIIT or MSME registration as a requirement.
Does the TIDE 2.0 scheme take equity in my startup?
No, TIDE 2.0 is a grant-based scheme and does not take any equity in your startup.
What documents are typically needed to apply for TIDE 2.0?
The specific documents are not listed, but you will likely need to submit details about your idea or PoC, proof of Indian citizenship, and for the grant stage, proof of company registration.
How can I apply for the TIDE 2.0 scheme?
You need to identify a TIDE 2.0 Incubation Center relevant to your technology or sector and apply through their specific online application process. Calls for applications are usually open for about one month.
What are the thematic areas supported under TIDE 2.0?
The scheme supports startups using emerging technologies such as IoT, AI, Blockchain, and Robotics, especially in areas of societal relevance.
Is there a preference for women entrepreneurs or startups with patents?
Yes, preferences may be given to women entrepreneurs and startups with patents.
What happens after I receive the grant?
Grant recipients must register their company within 3 months of grant acceptance. They will also receive technical support from the Incubation Center to develop their PoC into an MVP.
Who offers MeitY Startup Hub - TIDE 2.0 Scheme?
MeitY Startup Hub - TIDE 2.0 Scheme is offered by Ministry of Electronics and Information Technology (MeitY), a government body. It is provided as non-dilutive funding.