VITTBI has been recognized as a

Technology Innovation & Development of Entrepreneurs (TIDE) 2.0 centre by the

Ministry of Electonics & Information Technology(MeitY)

MeitY TIDE 2.0 centre at VITTBI supports ICT Ventures that use emerging technologies such as IoT, AI, Block-chain, Robotics etc., through the Entrepreneur-in-Residence Program and PoC Grants.

Few salient features of the TIDE 2.0 scheme:

• Provide financial support to start-ups and incubates

• Provide holistic incubation support including co-working space, mentoring, and networking to facilitate start-ups with a more comprehensive support thereby addressing the issue of accessibility

• Creating entrepreneurship models of both financial as well and social value

• Fostering and evangelizing a vibrant entrepreneurship ecosystem that inspires budding entrepreneurs as well as support existing ones

• Managing a network of incubation centres, collaborating platform and handling of ecosystem through a MeitY Startup Hub (MSH) especially constituted for this purpose.

• The scheme will also aim to facilitate increased IPR filings and adherence to relevant technology standards

Two programs offered are as follows:

1. Entrepreneur-In-Residence (EiR) Program

• An Entrepreneurs-in-Residence (EiR) is an individual(s)/ student(s)/ start-up who need to develop and validate their idea to have a Proof-of-Concept (POC) in place.
• VITTBI will support in the idea development, validation and subsequent development of POC.
• A maximum up to Rs. 4 Lakhs will be provided to each EiR as seed fund.

2.  Grants Program

• A start-up with ready Proof-of-Concept can be considered eligible for the grant. The grant is provided to create a Minimum Viable Product and to advance the start-up till Go-to-market stage
• A maximum of up to Rs. 7 Lakhs will be provided to each start-up as seed fund
• VITTBI will provide mentorship and guidance throughout the program.

To Know More Details Visit: http://www.vittbi.com/#/meity