TIDES Ignition Program (TIP2024)

The TIDES Ignition Program is an ideation stage program designed to provide further support to early-stage entrepreneurs who have an idea and are ready to start validating and developing it. TIP2024 will give them the necessary mentoring and networking opportunities to help them accelerate their growth. The TIDES Ignition Program is a 30 days’ workshop. During the program, startups will refine their business model, solidify the target market, work one-on-one with experienced mentors and business executives, and expand their network. TIP2024 focuses on rigorous training, resources, and networking that can further accelerate each startup's learning curve and development.

TIP2024 will conclude with a demo day, during which all TIP participants will propose their ideas to an expert committee and compete for exciting prizes and incubation opportunities. The TIP2024 workshop has support from various partners, i.e., Ecosystem Partners, Knowledge Partners, International Incubation Partners, Funding Partners, and Industry Partners.

Focus Technology/Focus Areas

Workshop Benefits

Idea Generation and Validation: Provides tools and techniques to brainstorm innovative ideas and assess their feasibility.
Market Understanding: Equips participants with market research skills to identify opportunities and target customer segments.
Business Model Development: Helps in crafting a sustainable business model tailored to the AI/ML startup ecosystem.
Product Development: Guides participants through the product development lifecycle, emphasizing the creation of a minimum viable product (MVP).
Financial Planning: Offers insights into financial management, including budgeting and forecasting.
Go-to-Market Strategy: Assists in developing effective marketing plans to reach and engage target customers.
Pitching Skills: Enhances communication and presentation abilities through pitch practice sessions.
Mentorship and Networking: Provides access to industry experts and mentors for guidance and support.
Opportunity to Showcase: Offers a platform to present their ideas to potential investors and partners through the Demo Day.

Top-3 Idea will get

· Incubation support and funding up to INR 10 lakh by TIDES IITR.

· Cloud credits worth up to ₹ 15 Lakh

· Subsidized legal, HR, and CS service support

Eligibility Criteria

· The Applicant should be a citizen of India.

· Applicants should have completed or pursuing an undergraduate degree program in science/engineering.

· Possess a clear and innovative business idea with potential for commercialization.

· While individual applicants are welcome, teams with complementary skill sets will be given preference.

· Company registration is not mandatory at the application stage but may be considered as an advantage.

Application Details

Industry

Focus