MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP
MeitY TIDE 2.0 grant at PSG-STEP offers up to ₹7L for prototype development for early-stage tech startups with a PoC.
- Funding amount
- ₹7L (grant)
- Funding type
- Grant
- Provider
- PSG-STEP (Academic)
- Application deadline
- Closed (25 Nov 2025)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The MeitY TIDE 2.0 Grant at PSG-STEP provides financial support to nascent startups for Prototype Development. The goal is to help startups transform a definite Proof-of-Concept (PoC) into a Minimum Viable Product (MVP), enabling them to move closer to the market. This grant is part of the TIDE 2.0 scheme by the Ministry of Electronics & Information Technology (MeitY), executed through PSG-STEP, a recognized incubation centre.
The program is specifically designed for early-stage technology startups that have already validated their idea at the PoC level but need funding to build a working prototype. Focus areas include Healthcare/Medtech, Edutech, Agritech, Fintech, Environment & Cleantech, Infrastructure & Transportation, and other sectors leveraging technologies such as IoT, AI, Blockchain, and Robotics.
Highlights
- Grants up to ₹7 Lakhs for prototype development (non-dilutive)
- For startups with a definite Proof-of-Concept (PoC) aiming to build an MVP
- Focused on technology sectors: IoT, AI, Blockchain, Robotics, etc.
- Part of MeitY's TIDE 2.0 scheme, executed by PSG-STEP
- Supports healthcare, edutech, agritech, fintech, cleantech, and more
- Application deadline: 2025-11-25
Who can apply
This grant is suitable for nascent startups that already have a definite Proof-of-Concept (PoC). The startup must be an early-stage technology-based venture operating at the PoC/Early Prototype stage. While the program is technology-agnostic, it prioritises sectors like Healthcare/Medtech, Edutech, Agritech, Fintech, Environment & Cleantech, and Infrastructure & Transportation, using technologies such as IoT, AI, Blockchain, and Robotics. The application process is open to startups that meet the above stage and sector criteria; there are no specific restrictions on state or entity type mentioned, but applicants should check with PSG-STEP for any additional requirements.
MeitY TIDE 2.0 Grant for Prototype Development 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
The most recent application window for MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP closed on 25 Nov 2025. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
Selected startups receive a grant of up to ₹7 Lakhs to support prototype development activities. The funding is intended to cover costs related to building the MVP from an existing PoC, including but not limited to hardware, software, testing, and iteration expenses. The grant is non-dilutive, meaning no equity is taken in return. Additionally, startups benefit from the incubation ecosystem at PSG-STEP, including mentorship, networking, and access to facilities.
About the provider
MeitY TIDE 2.0 Grant for Prototype Development 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.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
The selection process involves application review and evaluation by a committee to assess the viability and potential of the PoC and the startup's capability. Shortlisted startups may be invited for a pitch or interview. Final selection is based on the strength of the PoC, market potential, and the team's ability to execute. Specific stages and durations are not detailed; interested startups should apply via the provided link for further instructions.
Documents you’ll need
Before you apply to MeitY TIDE 2.0 Grant for Prototype Development 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 Grant for Prototype Development at PSG-STEP is best suited for startups in India seeking non-dilutive funding of ₹7L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding is provided under the MeitY TIDE 2.0 Grant at PSG-STEP?
The grant offers up to ₹7 Lakhs for prototype development.
What is the application deadline?
The deadline for applications is 2025-11-25.
Who is eligible to apply?
Nascent startups that already have a definite Proof-of-Concept (PoC) and are at the early prototype stage are eligible. The startup should be technology-focused, operating in sectors like healthcare, edutech, agritech, fintech, cleantech, or infrastructure, using technologies such as IoT, AI, Blockchain, or Robotics.
Is DPIIT or MSME registration required?
The program details do not explicitly require DPIIT or MSME registration. However, applicants are advised to confirm with PSG-STEP.
Does the grant take equity in my startup?
No, this is a grant, so it is non-dilutive. The funding does not require any equity stake.
What documents are typically needed for the application?
The specific document list is not provided, but commonly required documents include a pitch deck, proof of PoC, team details, and a budget plan. Applicants should check the application portal for exact requirements.
How and where do I apply?
Applications are submitted online via the designated portal at https://psgstep.fibenis.org/?utm_source=startupgrantsindia.com&ref=startupgrantsindia.com.
Can I apply if my startup is not incorporated yet?
Eligibility criteria do not specify entity type, so unincorporated startups may be considered if they have a definite PoC. It is best to check with PSG-STEP.
What is the focus technology area?
The program supports startups leveraging technologies like IoT, AI, Blockchain, Robotics, and others, across sectors such as healthcare, education, agriculture, finance, environment, and transportation.
Who offers MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP?
MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP is offered by PSG-STEP, an academic institution. It is provided as non-dilutive funding.
How do I apply for MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP?
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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