IIITB-IC TIDE 2.0 Grants
IIITB Innovation Centre has completed a decade of sustained Innovation & nurturing Start-ups and also is a MeitY TIDE 2.0 G2 Centre, approved by Ministry of Electronics and IT as part of MeitY Startup Hub & a Government of Karnataka approved Incubation Facility . We work with exceptional researchers, innovators, entrepreneurs to create socially-relevant solutions and ventures that help us, our communities and our governments. Our focus Areas are Healthcare, Education, Agriculture, Infrastructure & Transportation, Financial Inclusion including Digital Payments, and e-Governance. #Innovation through Co-Creation
Apply for TIDE 2.0 Cohort 2
We invite technology based Startups to apply for entrepreneurship support through use of emerging technologies like IoT, AI, Block-chain, Robotics etc. for these areas based on national priorities particularly in the field of Civic Tech & Education, Financial inclusion including digital payments & Agriculture.
The IIITB IC -TIDE Program supports two types of innovators:
Type I:
Idea Stage Startups / Entrepreneurs – With or without registered companies
Type II:
Initial Stage Startups
Entrepreneurs-in-Residence Grant
Ideation Grant: Upto Rs. 4 Lakh
Number of grants: up to 4
Eligibility:
Aspiring entrepreneurs (individual innovators and students) and start-ups developing innovative digital solutions in Healthcare, Education, Agriculture, Infrastructure & Transportation, Financial Inclusion including Digital Payments, and e-Governance & Other emerging areas. Indian Start-ups (registered under Companies Act, 2013), having at least 51% shareholders as Indian Citizens [does not include OCI or PIO] is the mandatory requirement
- Individuals applying for these grants must be Indian citizens (does not include OCI or PIO)
Stage of development: Idea to Proof of Concept (PoC)
Seed grant support for: Idea development, validation and subsequent development of PoC
Selection criteria: Scientific and Technical strength, novelty, business potential, societal impact, implementation plan and suitability to funding scheme
Start up Further Development Grant
Seed grant support: up to Rs. 7 Lakh
Number of grants: up to 4
Eligibility:
Start-Ups developing innovative digital solutions in Healthcare, Education, Agriculture, Infrastructure & Transportation, Financial Inclusion including Digital Payments, e-Governance & Other emerging areas who have completed Proof of Concept (PoC)
- Indian Start-ups (Registered under Companies Act, 2013), having at least 51% shareholders as Indian Citizens [does not include OCI or PIO] is the mandatory requirement
Stage of development: Proof of Concept (PoC) to Minimum Viable Product (MVP)
Seed grant support for: Creating a Minimum Viable Product and to advance the start-up till Go-to-the-market stage
Selection criteria: Innovation and Technology Strength, novelty, business potential, societal impact, implementation plan, team strength and suitability to funding scheme
TIDE 2.0 Cohort 1 Winners
EIR
Breezy
AI Driven garbage Accumulation App
Grant: 4 Lakh
EIR
EduTAG
Tactile Audio device for visually Impaired
Grant: 4 Lakh
STARTUP
DeepVision Tech Pvt. Ltd.
AI based Sign Language Interpreter
Grant: 7 Lakh
STARTUP
Haveli UAVs
Personalised affordable UAVs/Drones
Grant: 7 Lakh
Apply for IIITB IC – TIDE 2.0 Grants
Key Dates :
Announcement of Chort 1 Grant Winners: February 12, 2021
Application Opens for Cohort 2: March 10th, 2021
Application Ends for Cohort 2: April 10th , 2021
Announcement of Cohort 2 Grant Winners: April 30th, 2021