Ministry of Electronics and Information Technology (MeitY) has taken various initiatives and measures to improve innovation-led ecosystem with a Technology Incubation and Development of Entrepreneurs (TIDE) scheme, Centre of Excellences in IoT/ FinTech space, technology and theme based incubation centres and programmes to promote technology incubation and also to support researchers, start-ups and MSMEs protect IPRs nationally and internationally. Following schemes/ programmes are being supported to encourage innovation in ICTE sector:
1) Technology Incubation and Development of Entrepreneurs (TIDE 2.0)
To promote tech entrepreneurship through financial and technical support to incubators engaged in supporting ICT startups primarily engaged in using emerging technologies such as IoT, AI, Block-chain, Robotics etc. in seven pre-identified areas of societal relevance, Ministry of Electronics and Information Technology (MeitY) has approved a Technology Incubation and Development of Entrepreneurs (TIDE 2.0) Scheme being implemented by Innovation and IPR Division MeitY with a budgetary outlay of Rs. 264.62 Crore as grant-in-aid over a period of five years. The Scheme will be implemented through 51 incubators at institutes of higher learning and premier R&D organisations, eventually leading to handholding of approximately 2000 tech start-ups. The scheme also aims to provision a mechanism, whereby establishing necessary collaboration among the incubation activities so as to benefit them through complementary strengths. Efforts will be made to closely associate these incubators and through this network the complementary strengths can be leveraged and shared. This will also ensure that larger number of institutes possess matured incubation facilities, leading to technology start-ups moving out of metros to TIER 2 and 3 cities. To support tech start-ups, seven select thematic areas were identified to address societal challenges based on national priorities particularly in the realm of:
(iv) Financial inclusion including digital payments
(v) Infrastructure and transportation
(vi) Environment and clean tech
(vii) Clean Energy Solutions
Administrative Approval6.47 MB
Brochure of TIDE 2.0 Scheme 1.93 MB
2) MeitY Startup Hub (MSH)
Ministry of Electronics and Information Technology (MeitY) has approved project for establishment of "MeitY Start-up Hub" (MSH) under TIDE 2.0 scheme by Software Technology Parks of India (STPI) Hqrs at a total budget outlay of Rs. 5.18 Crore as grants-in-aid over a period of five years. In order to facilitate MeitY's vision of promoting technology innovation, start-ups and creation of Intellectual Properties, a nodal entity called ‘MeitY Start-up Hub' (MSH) is being setup under its aegis. MSH will act as a national coordination, facilitation and monitoring centre that will integrate all the incubation centres and start-up and innovation related activities of MeitY.
Vision: To build a conducive innovation ecosystem by bringing together various technology innovation stakeholders, breaking away with the culture of working in silos and paving the way towards a strong economy built on the twin engines of innovation and disruption.
Mission: MSH to act as a hub and ensure synergies among all the TIDE 2.0 Centres, theme based incubation centres, Centre of Excellences on Emerging Technologies and other existing platforms for facilitating criss-crossing of technology resources, sharing best practices and ideas across the entire innovation and startup ecosystem.
Objectives of MSH
- Create vital inter-linkages/ exchanges of information among all the relevant stakeholders on-board and in sync with relevant line Ministries/ Departments
- Intersection of technology and ideas leading to effective translation of R&D activities for commercial gains
- Facilitation of commercialization of technology solutions for market outreach
- Providing technical and business advisory through a cache of Experts and Mentors
- Facilitate industry connect, fundraising through VCs/Angles and promote globalisation of Indian Tech start-ups
- Provide the entire range of value added IPR support services like sensitization, protection and compliance of generated IPs
Major attributes of the MSH
- Intersection of technology and ideas leading to effective translation of R&D activities for commercial gains.
- Embracing experimentation for coming out with solutions to the challenges across different projects
- Various stakeholders to converge under a common umbrella
- Access to development resources which includes design and prototyping of services and licensing of technologies
- Making business case out of the technologies or solutions developed
- Spawning the dawn of an innovation ecosystem cutting across functionalities and industries for supporting tech startups
- Facilitation of crisscrossing of technology resources across gamut of domains for coming out with solutions to the challenges across different projects
- Capitalizing on strengths of different centers to pull out moderately weaker centres into mainstream activity
Administrative Approval2.88 MB
3) Technology Incubation and Development of Entrepreneurs (TIDE)
Ministry of Electronics and Information Technology (MeitY) is implementing a scheme titled “Technology Incubation and Development of Entrepreneurs (TIDE)”. Initially launched in 2008 the scheme has been revised and extended till March 2017. As per the scheme provision, 27 centres are being supported at academic institutions across India.
TIDE has a multipronged approach in diverse areas of Electronics, ICT and Management. It aims to assist institutions of higher learning to strengthen their Technology Incubation Centers and enable young entrepreneurs to initiate technology startup companies for commercial exploitation of technologies developed by them.
TIDE Incubation Centers provide a gamut of services to new enterprises and facilitate linkages congenial for their survival and growth. The centres network with Angel Investors and Venture Capitalists who provide mentoring and financial support to the startups and enable tenant companies to mature over a period of 2-3 years and ultimately graduate to a commercial place to transact actual business.
MeitY is providing financial and policy support for strengthening technology incubation activities on the premise that this would in the long run result in indigenous development of products and packages in the ICTE sector.
The major objectives of the scheme are:
- Setting up and strengthening Technology Incubation Centres in institutions of higher learning,
- Nurture Technology Entrepreneurship Development for commercial exploitation of technologies developed by them,
- Promoting product oriented research and development,
- Encourage development of indigenous products and packages and bridging the gap between R&D and commercialization.
- Details of Technology Incubation and Development of Entrepreneurs(TIDE) Scheme285.33 KB
- List of Technology Incubation and Development of Entrepreneurs(TIDE) Centres111.25 KB
- Statewise list of Technology Incubation and Development of Entrepreneurs(TIDE) Centres98.81 KB
- Details of Startups6.59 MB
- Capacity Building under TIDE Scheme62.36 KB
- Major Outcomes of TIDE Scheme62.48 KB
4) Multiplier Grant Scheme (MGS)
Ministry of Electronics and Information Technology (MeitY) is implementing Multiplier Grants Scheme (MGS). MGS aims to encourage collaborative R&D between industry and academics/ R&D institutions for development of products and packages. Under the scheme, if industry supports R&D for development of products that can be commercialized at institution level, then government will also provide financial support that is up to twice the amount provided by industry. The proposals for getting financial support under the scheme are to be submitted jointly by the industry and institutions.
The Scheme is extended upto 31st March 2020 with a total outlay of Rs. 36 Crores and MeitY contribution of Rs. 24 Crore. The Technology Development Council (TDC) budget head will be used for implementation of this scheme. Based on this pilot implementation and feedback, the scheme would be reviewed by Working Group.
The major objectives of the scheme are:
- Establish, nurture and strengthen the linkages between the Industry and Institutes;
- To promote industry oriented R&D at institutes;
- Encourage and accelerate development of indigenous products and packages; and
- Bridge the gap between R&D / Proof-of-concept and commercialization /
- Details of Multiplier Grants Scheme (MGS)192.25 KB
- On-going projects under Multiplier Grants Scheme (MGS)226.85 KB
- Invitation of Project Proposals81.57 KB
- Terms and Conditions Governing Grants67.88 KB
- Application form for submission of joint R&D project proposal by the industry and academic/ Government R&D Lab under MGS102.36 KB
- IPR/ Royalty Agreement5.84 KB
For Further Information:
Dr. A.K. Garg
Scientist "F" / Director
Innovation & IPR Division
Government of India
Ministry of Electronics & Information Technology
Electronics Niketan, 6, CGO Complex, Lodhi Road
New Delhi – 110 003
Telephone: +91- 11-24364799 (Office)