IIMV Foundation for Incubation Entrepreneurial Learning and Development (IIMV FIELD) is the Incubation and Startup Hub of IIM Visakhapatnam.
Call for Applications!
IIMV FIELD is inviting applications for the Ministry of Electronics and Information Technology‘s TIDE2.0 Program (Cohort 3).
📌 Eligible Startups: Startups working in the Information and Communication Domain, using Emerging Technologies
📌 Focus Areas: Climate-Tech, Ed-Tech, Fin-Tech, Med-Tech, Logistics-Tech, Agri-Tech, Emerging Mobility
- Entrepreneur-in-Residence (EiR) Scheme: Applicable for Startups at Ideation Stage or beyond, with upto INR 4 Lakhs per Startup financial assistance as a grant and incubation support for a year.
- Grant Scheme: Applicable for Startups at Proof of Concept (PoC) Stage or beyond, with upto INR 7 Lakhs per Startup financial assistance as a seed investment and incubation support for a year.
Eligibility criteria for applying to this program
- The venture should not have received EIR or Grant Scheme Support in the TIDE2.0 Program from any other TIDE2.0 Centres.
- The venture must have been already incorporated by 31 Jan 2024
- The venture can only be a private limited company
- The stage of the venture – at least Ideation (for EIR Scheme); at least Proof of Concept (for Grant Scheme)
- The applicant can choose to be working on a product/service in the following sectors – ClimateTech, EduTech, FinTech, MedTech, LogisticsTech, AgriTech & Emerging Mobility.
- The applicant can be running his venture from anywhere in India. – Applicant must be a citizen & resident of India and must be at least 18 years of age (as on 31st Dec 2023)
- At least one member from the team should be willing to pursue the venture full-time.
📆 Deadline: 4th Feb 2024