The MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) grant, implemented through the IIITB Innovation Centre, is designed to support individuals and startups at the prototype stage. It provides funding of up to ₹4 lakhs for a period of 12 months to validate and develop an idea into a Proof-of-Concept. The program focuses on socially-relevant solutions and ventures that utilize emerging digital technologies like SaaS/PaaS/IoT, AI, Blockchain, and Robotics.