Tides Business Incubator | About Us
Technology Incubation and Entrepreneurship Development Society (TIEDS) has been established to promote innovation and entrepreneurship in the region, To accomplish its goal, TIEDS runs and manages a Business Incubator called Technology Innovation & Development of Entrepreneurship Support (TIDES) Business Incubator hosted at Indian Institute of Technology, Roorkee, TIDES facilitates incubation of new enterprises with innovative technologies by admitting them at its Incubation Centre and provides physical, technical, financial and networking supports and services.
Angel Investing, Angel Investors, Bootstrapping, Business Ideas, Co-Founders, Copyright Infringement, Copyright Law, Crowdfunding, Equity Compensation, Growth Hacking, Hiring, How Does Company X Make Money, Ideas, Innovation, Intellectual Property, Intellectual Property Law, Internet Startups, Inventions, Lean Startups, Mergers and Acquisitions (M&A), Open Innovation, Patents, Pre-Launch Startups, RecruitingSeed Funding, Seed Money, Social Innovation, Startup Advice and Strategy, Startup Acquisitions,Startup Business Models, Startup Compensation, Startup Founders, Startup Ideas, Startup Incubators, Startup Law, Startup Names, Startup Product Marketing, Startup Recruiting, Startup Traction, Technology Startups, Trademark Law, Trademarks, Valuations, Venture Capital, Venture Capital Firms, Venture Capital Investing, Young Entrepreneurs
 

TIDE 2.0

TIDE 2.0 scheme

q

  • TIDE 2.0 Scheme is a fellowship/ grant for an aspiring entrepreneur to promote tech entrepreneurship through financial and technical support in seven pre-identified areas of societal relevance.
  • The TIDE 2.0 has an intake of 4 start-ups under Entrepreneur-in-Residence (EiR) and 4 start-ups under Grants.

 

OBJECTIVES

  • To promote tech entrepreneurship through financial and technical support.

 

BENEFITS

  • Infrastructural Facilities
  • Funding
  • Mentoring
  • Business Support and Networking
  • Lab Facilities

 

START-UP AREAS

  • Healthcare
  • Education
  • Agriculture
  • Financial inclusion including digital payments
  • Infrastructure and transportation
  • Environment and Clean tech
  • Clean energy solution

 

Entrepreneur-in-Residence (EiR)

ELIGIBILITY:

  • The Applicant should be citizen of India.
  • Applicant should have completed undergraduate degree programme in science/engineering (or) last year student but shouldn’t be seeking placement.
  • Essential qualification is PhD/MTech/BTech/BPharm/MD/MBBS/BDS/MSc/BSc/MPhil/M Des /BCA/MBA/MCA and equivalents, with under‐ graduate training in Science, Medicine, Engineering.
  • The applicant shouldn't have a source of income.
  • Should be committed to exploring a business idea.
  • The applicant should not be the promoter or shareholders/beneficiary of another company.
  • If Applicant raises funding or investments for their business ideas/ potential start-ups, the grant support shall be discontinued.

Preferences will be given for the following:

  • Women entrepreneurs
  • Innovators under the age of 35
  • Business plan that can result in manufacturing and better jobs creation
  •  

    FINANCIAL SUPPORT:

  • 4 EiR fellowship of ₹ 4 Lakh for 1 year may be provided to any applicant having an idea, who then start working for validation and development of an idea.
  •  

     

Grants

ELIGIBILITY:

  • The Applicant should be citizen of India.
  • Applicant should have completed undergraduate degree programme in science/engineering (or) last year student but shouldn’t be seeking placement.
  • Essential qualification is PhD/MTech/BTech/BPharm/MD/MBBS/BDS/MSc/BSc/MPhil/M Des /BCA/MBA/MCA and equivalents, with under‐ graduate training in Science, Medicine, Engineering.
  • The Applicant can apply as a Private Limited Company.
  • The startup should have a definite proof of concept which are to be further developed into Minimum Viable Products (MVP).

Preferences will be given for the following:

  • Women entrepreneurs
  • Innovators under the age of 35
  • Business plan that can result in manufacturing and better jobs creation
  • Professionals with relevant work/ industry experience

 

FINANCIAL SUPPORT:

  • Grant of ₹ 7 Lakh per start-up may be provided.
  •  

     

    Timeline

    • Application start: 01-Jan-2020.
    • Last date of Application: 31-Jan-2020.
    • Extended date of Application: 07-Feb-2020
    • Announcement for Idea presentation: 26-Feb-2020
    • Start-up Idea Presentation: 14-Mar-2020
    • Announcement of Selected Start-up Ideas: 18-Mar-2020
    Note: Dates are tentative

    Evaluation Parameters

    Innovation

    How unique is the innovation as a solution?

    Time Frame

    Can the innovation be implemented in the given time?

    Proof of Concept

    The paper idea to be prototyped on a small scale

    Market Fit

    Is the Founders’ / management’s attitude and intent in the right place?

    Market Potential & Scalability

    Are the operations scalable and sustainable in the longer term?

    Subscribe to Our Newsletter