Tag Archive for: Entrepreneurship Development

TIEDS

Introduction

The journey of a startup begins with an idea — but turning that idea into a viable business requires capital, mentorship, and a strong support ecosystem. This is where Technology Incubation and Entrepreneurship Development Society (TIEDS), based at IIT Roorkee, steps in.

As one of India’s premier startup incubation centers, TIEDS empowers early-stage entrepreneurs through funding opportunities, expert mentorship, and access to world-class infrastructure. It serves as a bridge between innovation and commercialization, enabling young founders to scale their ideas sustainably.

In this article, you’ll learn how to apply for the Seed Fund Incubator at TIEDS, what eligibility criteria are required, and how you can make your application stand out.

About TIEDS: Nurturing Innovation at IIT Roorkee

The Technology Incubation and Entrepreneurship Development Society (TIEDS) is an initiative of the Indian Institute of Technology Roorkee. Established to foster innovation-driven entrepreneurship, TIEDS provides incubation facilities, mentorship, business development support, and networking opportunities.

The incubator supports startups across multiple domains — from clean energy, health tech, deep tech, IoT, AI, robotics, agritech, to social enterprises.

TIEDS plays a crucial role in strengthening the startup ecosystem in North India by bridging the gap between academic innovation and market implementation.

Under the Startup India Seed Fund Scheme (SISFS), TIEDS offers seed funding up to ₹50 lakh, along with product development support and access to the IIT Roorkee innovation ecosystem.

Why Choose TIEDS for Your Startup Journey

TIEDS isn’t just another incubator — it’s a powerhouse of entrepreneurial transformation. Here’s what makes it special:

  1. Funding Support – Early-stage startups can receive grant support up to ₹20 lakh and investment-based funding up to ₹50 lakh.

  2. Mentorship – Startups are mentored by experienced IIT faculty, successful founders, and industry professionals.

  3. Infrastructure Access – Access to advanced labs, prototyping facilities, and co-working spaces within IIT Roorkee.

  4. Networking – Exposure to investor networks, corporate connects, and global startup events.

  5. Business Acceleration – Dedicated sessions on market entry, financial management, and go-to-market strategy.

Eligibility Criteria

To apply for the Seed Fund Incubator at TIEDS, startups must meet the Startup India Seed Fund Scheme (SISFS) guidelines:

  • The startup must be DPIIT-recognized under the Startup India initiative.

  • It should be less than two years old at the time of application.

  • The idea must be innovative, technology-driven, and scalable.

  • The startup should not have raised more than ₹10 lakh from any other government source.

  • The startup should be developing a prototype or MVP or be in the early stages of commercialization.

Funding Support Structure

The TIEDS Seed Fund provides startups with two types of financial assistance:

  1. Grant Funding (up to ₹20 lakh):
    For startups in the prototype development, testing, or validation phase.

  2. Investment-based Funding (up to ₹50 lakh):
    For startups ready to scale or enter the market.

This flexible funding approach ensures that startups at different stages receive the right kind of support.

Application Process

Here’s a step-by-step guide to applying for the Seed Fund Incubator at TIEDS:

Step 1: Prepare Your Documents

Before applying, keep the following ready:

  • DPIIT Recognition Certificate

  • Business Pitch Deck

  • Founder’s Resume

  • Company Incorporation Certificate

  • Financial Projections

  • Problem-Solution Summary

Step 2: Visit the Application Portal

Go to the TIEDS IIT Roorkee website or the Startup India Seed Fund Scheme portal and navigate to the application section for TIEDS.

Step 3: Submit Your Proposal

Fill out the online application form with startup details, problem statement, proposed solution, and funding requirements.

Step 4: Screening & Evaluation

Applications are evaluated by an Expert Selection Committee comprising IIT professors, investors, and industry professionals.

Step 5: Pitch Presentation

Shortlisted startups are invited to present their idea, business model, and scalability plan in front of the selection panel.

Step 6: Final Selection

Successful applicants are onboarded into the TIEDS Seed Fund Incubation Program, where they begin their 6–12 month incubation journey.

Program Benefits

The TIEDS Seed Fund Incubator provides more than just money — it provides a launchpad for success.

  • Access to IIT Roorkee Labs: For testing, prototyping, and validation.

  • Mentorship from Experts: Guidance on product design, legal structuring, and fundraising.

  • Market Access Programs: Connects startups to potential clients and partners.

  • IPR and Legal Assistance: Helps protect intellectual property.

  • Visibility: Participation in demo days, exhibitions, and startup summits.

Success Stories from TIEDS

Several startups nurtured under TIEDS have gone on to achieve national recognition.
For instance:

  • Log9 Materials (energy and nanotechnology startup) began its early journey through IIT Roorkee’s innovation support.

  • DronaMaps and iMumz, though not directly under TIEDS, showcase the IIT Roorkee ecosystem’s capacity to build impactful startups.

These examples highlight how an ecosystem like TIEDS can catalyze early innovation into scalable enterprises.

Tips to Strengthen Your Application

  • Focus on Innovation: Clearly highlight what makes your idea unique.

  • Show Market Validation: Add data points or pilot testing results.

  • Demonstrate Scalability: Explain how your startup can grow rapidly.

  • Be Realistic with Financials: Avoid overestimation; show grounded projections.

  • Highlight Team Strength: A strong team improves selection chances.

Conclusion

Applying for the Seed Fund Incubator at TIEDS IIT Roorkee can be a transformative step for early-stage founders.
By combining academic excellence with real-world mentorship and capital access, TIEDS continues to be one of India’s most trusted incubation hubs.

If you have a bold idea that addresses a pressing problem, now is the time to apply. With the right guidance, funding, and ecosystem — your startup could be the next success story emerging from IIT Roorkee’s TIEDS.