Boosting Tech Startups: The TIDE 2. 0 Scheme

In 2019, a big step was taken to help tech startups in India. The TIDE 2. 0 Scheme was launched to support new businesses using cutting-edge tech like AI, IoT, and blockchain. This scheme is not just about giving money. It also provides expert advice and connections to help these startups grow. The scheme works by supporting incubators. These are like special places where startups can get help. There are 51 incubators across India, mostly in universities and research centers. These incubators give startups the tools and knowledge they need to succeed.One unique part of TIDE 2. 0 is the Centers of Excellence in Intellectual Property Rights. These centers help startups protect their ideas and inventions. They offer training and support to make sure startups understand how to safeguard their work. TIDE 2. 0 is not alone. It works with other government programs like Startup India. Together, they create a strong support system for tech entrepreneurs. The goal is to make India a hub for innovation and technology. Recently, the Union Minister for Electronics and Information Technology talked about TIDE 2. 0 in the Rajya Sabha. This shows the government's commitment to supporting tech startups. With this support, many new businesses can thrive and contribute to India's growth.