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MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP — who qualifies, the funding amount, required documents and how the application works.

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.

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