MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP
TIDE 2.0 EiR grant at PSG-STEP offers up to ₹4L for developing and validating innovative ideas into Proof-of-Concept, supported by MeitY.
- Funding amount
- ₹4L (grant)
- Funding type
- Grant
- Provider
- PSG-STEP (Academic)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
PSG-STEP, a premier incubation centre, has partnered with the Ministry of Electronics & Information Technology (MeitY) to offer the TIDE 2.0 Entrepreneur-in-Residence (EiR) grant. This program is designed to support individuals and early-stage startups in turning their innovative concepts into a working Proof-of-Concept (PoC). Selected entrepreneurs receive funding up to ₹4 lakhs for a period of one year. The grant is intended to cover costs associated with validation and development of the idea while the entrepreneur incubates at PSG-STEP. The EiR program focuses on six key thematic areas: Fintech, EduTech, Other Emerging Technologies, Healthcare & MedTech, Environment & Clean Tech, and AgriTech. By providing both financial support and incubation resources, TIDE 2.0 aims to accelerate the journey from idea to prototype.
Highlights
- Grant of up to ₹4 lakhs for one year to develop a Proof-of-Concept.
- Supported by the Ministry of Electronics & Information Technology (MeitY).
- Focus areas: Fintech, EduTech, Emerging Technologies, Healthcare, Clean Tech, AgriTech.
- Incubation at PSG-STEP is mandatory.
- Idea validation and development stage startups are ideal candidates.
Who can apply
The EiR grant is open to individuals or early-stage startups that have an innovative idea requiring development and validation into a Proof-of-Concept. The idea must belong to one of the specified thematic areas: Fintech, EduTech, Other Emerging Technologies, Healthcare & MedTech, Environment & Clean Tech, or AgriTech. Applicants are required to initiate incubation with PSG-STEP and utilize the funds for their project while incubating there. There are no specific restrictions on entity type or DPIIT/MSME registration mentioned, but the applicant must be able to work with PSG-STEP.
MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
The program provides a grant of up to ₹4 lakhs for a period of one year. The funds must be used for the validation and development of the idea to establish a Proof-of-Concept. Additionally, entrepreneurs get to incubate at PSG-STEP, gaining access to its resources and mentorship ecosystem.
About the provider
MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP is offered by PSG-STEP, an academic institution. It is delivered directly by PSG-STEP as a grant. You can verify current details and timelines on the provider's official website before applying.
Documents you’ll need
Before you apply to MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP is best suited for startups in India seeking non-dilutive funding of ₹4L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding is offered under the TIDE 2.0 EiR grant?
The program provides a grant of up to ₹4 lakhs for a period of one year.
What is the application deadline?
The deadline has not been specified. Applicants are advised to check the official portal for updates.
Who is eligible to apply?
Individuals or early-stage startups with an innovative idea that needs development and validation into a Proof-of-Concept are eligible. The idea must fall under one of the thematic areas: Fintech, EduTech, Other Emerging Technologies, Healthcare & MedTech, Environment & Clean Tech, or AgriTech. Applicants must also initiate incubation with PSG-STEP.
Is DPIIT or MSME registration required?
The program details do not mention any requirement for DPIIT or MSME registration.
Does the grant take equity?
No, the TIDE 2.0 EiR grant is a non-dilutive grant. It does not require equity in return.
What can the grant funds be used for?
The funds are to be utilized for the validation and development of the idea to establish a Proof-of-Concept.
How do I apply?
Applications can be submitted online via the official application portal at https://psgstep.fibenis.org?utm_source=startupgrantsindia.com.
What are the thematic areas covered?
The program covers Fintech, EduTech, Other Emerging Technologies, Healthcare & MedTech, Environment & Clean Tech, and AgriTech.
Do I need to be incubated at PSG-STEP?
Yes, applicants are required to initiate incubation with PSG-STEP to utilize the fund for their project.
Who offers MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP?
MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP is offered by PSG-STEP, an academic institution. It is provided as non-dilutive funding.
More funding from PSG-STEP
PSG-STEP runs 3 other programs listed on startupfunds — compare them before you decide where to apply.
Alternatives to MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP
Not sure MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.
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