Government of India’s TIDE 2.0 Scheme Boosts Tech Startups

About TIDE 2.0

• Full Name: Technology Incubation and Development of Entrepreneurs 2.0 (TIDE 2.0).
• Launched: 2019 by the Government of India.
• Objective: Promote technology-based entrepreneurship by providing financial and technical support to incubators.

Implementation and Support

• Operates through 51 selected incubators located in:
  • Institutes of Higher Learning
  • Premier R&D organizations across India.
• Provides startups with:
  • Expertise and mentorship
  • Industry linkages
  • Ecosystem partnerships
• Financial Outlay: ₹264.62 crore over 5 years.
• Target Beneficiaries: Around 2,000 tech startups.

Achievements So Far

• 1,706 startups supported under the scheme till now.
• Many supported startups are progressing well, with some scaling globally.
• Over 150 incubated startups have expanded to international markets.

Centres of Excellence in Intellectual Property Rights (CoE-IP)

• Established under TIDE 2.0 to support:
  • Startups
  • SMEs
  • Academia
  • Inventors in the Electronics and IT domain
• Services offered include:
  • IP-related services
  • Awareness creation
  • Training programs
• CoE-IP centres adopt multiple revenue models, including equity exits, to ensure long-term sustainability.