TIDE - Project
At Present, CEDI is implementing a project Technological Incubation and Development of Entrepreneurs (TIDE) funded by Department of Electronics and Information Technology, Ministry of Communications & Information Technology, Govt. of India aims to assist Institutions of Higher learning to strengthen their Technology Incubation Centres and thus enable young entrepreneurs to initiate technology start-up companies for commercial exploitation of technologies developed by them in the areas of ICT and Electronics.
The objectives of the proposed scheme are:
- Promote product oriented research and development.
- Encourage and accelerate development of indigenous products and packages.
- Bridge the gap between R&D and commercialization.
The CEDI will identify potential entrepreneurs for funding through the proposed TIDE scheme. CEDI's Support includes policy measures, creating appropriate frameworks, infrastructure support, entrepreneurial- training and IPR facilitation, along with seed funding up to 25.00 Lakhs as soft loan.
All the necessary mentoring and support for mobilizing funds, creating access to markets, augmenting managerial skills etc., will be provided by the centre. We have already shortlisted two of them.
The infrastructure and facilities are ready in CEDI in the Third Floor of the Library Building of NIT Trichy.