MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP — Frequently Asked Questions
Answers to the questions founders most often ask about MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP — who qualifies, the funding amount, required documents and how the application works.
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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