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Ministry of Electronics & Information Technology (MeitY), Government of India

MeitY TIDE 2.0 – Entrepreneur-in-Residence (EiR)

Pays a solo founder up to ₹4 lakh over one year to validate an idea while incubating at PSG-STEP.

PSG-STEP delivers this Entrepreneur-in-Residence track as one of three funding instruments inside the Government of India's MeitY TIDE 2.0 scheme, which also offers a separate grant and an investment instrument to carry a tech startup from idea to market. A committee reviews the applicant's idea and decides whether to approve EiR support before any funds move. Once approved, the four-lakh-rupee aw

This track is for an individual or early founder who only has an idea and needs to turn it into a working proof of concept. PSG-STEP evaluates applicants across technology areas including healthcare, edtech, agritech, fintech, cleantech, infrastructure and transport, plus other emerging tech fields.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.12 months
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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