TIDES TBI INCUBATION

Brief Description

TIDES TBI is the flagship program of NSTEDB, DST to promote technology based startup ideas. Technology based new enterprises are high risk and high growth ventures, and require an enabling environment like TIDES-TBI to enhance the prospects of their success. Applications for admission to TBI program can be made by individual innovators but the innovators/founders must ensure that a legal entity company is registered within a period of three months from the date of approval of the application for incubation in TIDES. The legal entity must be registered as a private limited company within the meaning of the Companies Act, 1956 and 2013.

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SECTOR FOCUS
    • Technology and Engineering

BENEFITS

    • Office Space within IIT Roorkee Campus at Roorkee/Greater Noida
    • Networking platform
    • Grant facilitation through various funds managed by TIDES such as TIDE 2.0, NIDHI EIR, NIDHI Prayas, EIL, IDEX etc
    • Cloud Credits
    • Technical & business mentoring
    • Access to IIT Roorkee technical labs and knowledge capital through faculty.
    • Access to professionals with legal, financial, accounting, IP, and industry expertise.
Objective
    • The nucleate & nurture innovation-driven technology based startup ideas at the academic campus
    • To provide a platform for speedy commercialization of technologies developed by the host institution or by any academic/technical/R&D institution or by an individual.
    • To build a vibrant startup ecosystem, by establishing a network between startups, academia, financial institutions, industries and other relevant stakeholders.
ELIGIBILTY
      • Both individuals and registered startups can apply however, if selected, the individuals have to register a company within 3 months of the selection.
      • Any Indian citizen, sole or with a team, can apply for the program.
      • If applying through legal entities, applying entities should fall within the definition of Startup as given by Startup India which is:
      1. Upto a period of ten years from the date of incorporation/ registration,
      2. Turnover of the entity for any of the financial years since incorporation/ registration has not exceeded one hundred crore rupees.
      3. Entity is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.

Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’.

          • The founders are expected to show full commitment towards the startup idea during the incubation program
duration
    • The support under TBI program is provided for an initial period of 2 years which can be extended by a further period of 12 months on case to case basis.
Call For Application
    • Application are open round the year and selections are made on rolling basis. Please click here to apply for the program

Contact Us

TIDES: TIDES Business Incubator, Hafiz Ibrahim Building, IIT-Roorkee, Uttarakhand - 247667

TIDES: TIDES, Bio Incubator 2nd & 3rd Floor, Multi-activity Center, IIT Roorkee 247667

Contact Us

TIDES: TIDES Business Incubator, Plot No-20, Knowledge Park 2, IIT Roorkee, Greater Noida - 203106, India

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