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.
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Update: Angel Tax for Startups

Startup Consideration:

1)    A entity is considered a startup upto 10 years from the date of registration from earlier 7 years.

2)    Turn over of company has not exceeded more than 100 crores since incorporation from earlier 25 crores.

3)    A company ceases to be a startup if it has crossed 10 years since incorporation or its turnover exceeds more than 100 crores.

4)    Board means the inter ministerial board of certification comprising of following members:-

     i) Joint secretary, Department of Promotion of Industry and Internal trade, Convener

     ii)Representatives of Department of Biotechnology, Member

     iii) department of Science and Technology, Member

5) Merchant banker means category 1 merchant banker registered with Securities and Exchange Board of India.

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Gray Matters Capital invests in govt jobs app MadGuy Labs

US-based impact investment firm Gray Matter Capital has invested $150,000 (about Rs 1 crore at current exchange rates) in Hyderabad-based government jobs app MadGuy Labs, a company statement said. The impact investor made the investment under its edLABS initiative, an $8-million corpus aimed at early-stage enterprises in education.

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Zunik Energies awarded first position in Innovation Cluster Exhibition at IKMC 2018, Hyderabad

Zunik Energies Pvt. Ltd, which is being incubated at TIDES Business Incubator, IIT Roorkee participated in different rounds organized by IKMC 2018 and awarded the first position with Prize worth of INR 50,000 under the category of IoT and Automation in Innovation Cluster Exhibition.

It was 12th edition of its International Knowledge Millennium Conference, organized by IKP Knowledge Park on 28 & 29 October 2018 at HICC, Hyderabad. This year the theme was “INNOVATION ECOSYSTEMS IN TIME OF DISRUPTIVE CHANGE”

There were 120+ startups attended from different fields like Biotech, Health, Agro, Robotics, IOT and automation etc. Over two days, IKMC 2018 deliberated on above issues through 3 plenary sessions, 2 Roundtables, 4 Startup workshops and by hosting an Exhibition, mostly in the Life Sciences domain, form 25 innovation clusters across India.

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