Page 40 - Volume5, Issue 3, May-August 2024
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IIMV FIELD
TIDE 2.0 Cohort 3
IIMV FIELD has invited applications for Cohort a thorough evaluation process, the Evaluation and
3 of the TIDE 2.0 scheme, an initiative by the Selection Committee has selected 8 startups based
Ministry of Electronics & Information Technology on their innovation, scalability, and alignment with
(MeitY) to support technology startups working the goals of the TIDE 2.0 initiative. These selected
in emerging technologies. The TIDE 2.0 scheme startups have been awarded a total grant of ₹34
offers a unique opportunity for startups by lakhs to help them further develop their products
providing financial aid and technical guidance, and solutions.
enabling them to turn their innovative ideas into In addition to the initial grant, these startups also
impactful solutions. have the opportunity to apply for the TIDE 2.0
In response to our call, we received an scale-up investment fund, which offers further
impressive 266 applications from across the financial assistance of up to ₹40 lakhs. This fund
country, showcasing the immense potential and aims to accelerate the growth of startups that
enthusiasm in the tech startup ecosystem. After have demonstrated strong potential and are ready
to scale their operations.
37 VOL.5/ ISSUE 3, MAY-AUGUST 2024
