MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay
A grant of up to ₹4 lakhs for first-gen tech entrepreneurs in ICT to pursue their startup idea full-time via SINE IIT Bombay's pre-incubation program.
- Funding amount
- ₹4L (grant)
- Funding type
- Grant
- Provider
- SINE, IIT Bombay (Academic)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) grant, hosted by SINE, IIT Bombay, offers up to ₹4 lakhs to technology entrepreneurs and innovators working in the ICT domain. It targets first-generation innovators who have a formal business plan and a proof of concept. Recipients must commit full-time to their entrepreneurial journey and enroll in SINE's pre-incubation program for the entire support period. The grant is not a stop-gap arrangement and cannot be held alongside any other remuneration or fellowship. This initiative aims to nurture early-stage tech ideas that have a genuine technology innovation component and require more than six months to reach commercialization.
Highlights
- Grant of up to ₹4 lakhs – no equity dilution.
- Specifically for first-generation tech entrepreneurs in ICT.
- Requires a formal business plan and proof of concept.
- Full-time commitment mandatory; concurrent remuneration not allowed.
- Hosted by SINE, IIT Bombay under MeitY TIDE 2.0.
Who can apply
You must be an Indian citizen with government-approved proof of nationality (e.g., valid passport, voter ID). You should have completed at least 4 years of formal full-time undergraduate or postgraduate education in science or engineering, or a 3-year degree or diploma in science or engineering. You must be a first-generation innovative entrepreneur with no prior source of income. The EiR support cannot be concurrent with any other remuneration or fellowship. You cannot be a promoter or significant (>10%) shareholder/beneficiary of another company at the time of applying and receiving the grant. You are expected to have a formal business plan and a proof of concept for a business idea you intend to explore full-time. The project must have a technology innovation component and should not have a very short journey (i.e., less than 6 months) to commercialization. You must register for the pre-incubation program at SINE for the entire duration of support. Technologies in ICT sectors are eligible.
MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay 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 (EiR) at SINE IIT Bombay 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
- Grant funding up to ₹4 lakhs to support your full-time entrepreneurial pursuit.
- Access to SINE IIT Bombay's pre-incubation program, including mentorship, infrastructure, and networking opportunities.
- The grant is non-dilutive (no equity taken) as it is a grant.
- Support is intended to cover living expenses and other costs, allowing you to focus on developing your business idea.
About the provider
MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is delivered directly by SINE, IIT Bombay 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 (EiR) at SINE IIT Bombay, 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 (EiR) at SINE IIT Bombay 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?
The grant provides up to ₹4 lakhs to support your full-time entrepreneurial journey.
What is the application deadline?
The deadline is not specified. Please check the SINE application portal for updates.
Who is eligible to apply?
Indian citizens with a science or engineering degree (minimum 3 years diploma or 4 years UG/PG), who are first-generation innovators with no prior source of income. You must have a business plan and proof of concept, and cannot be a promoter or significant shareholder in another company.
Are any specific industries or sectors eligible?
Yes, the program focuses on technology innovations in the ICT (Information and Communications Technology) domain.
Is DPIIT or MSME registration required?
No, DPIIT or MSME registration is not mentioned as a requirement.
Does the program take equity?
No, this is a grant, so no equity is taken. It is non-dilutive funding.
What documents are typically needed?
You will need a government-approved proof of nationality (e.g., passport or voter ID), educational certificates, a formal business plan, and proof of concept for your idea.
How and where do I apply?
Apply online through the SINE IIT Bombay portal at: https://sineedge.sineiitb.org/programs/apply/mei1969/meity-entrepreneur-in-residence-eir-2025
Can I be employed or receive other fellowships while on this grant?
No, the EiR support cannot be concurrent with any other remuneration or fellowship. You must commit full-time to your startup.
Is there a minimum time to commercialization?
Yes, the project should have a journey to commercialization of more than 6 months. Very short-term ideas are not eligible.
Who offers MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay?
MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is provided as non-dilutive funding.
How do I apply for MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) at SINE IIT Bombay?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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