NSRCEL @ IIM Bangalore is inviting proposals under the TIDE Scheme 
supported by Department of Information Technology for both incubation 
and angel funding.

Eligibility

Entrepreneurs with an unique, patentable product based idea in the
fields of Electronics and Information & Communication Technology –
both software and hardware-can apply.

Details of the Scheme

· Rs. 25 Lakhs is the maximum seed funding available for each
company. Between 40-60% of the funds will be in the form of equity (on
a valuation recommended by DIT that is mutually agreed and finalized)
and the rest in the form of soft loan

· In addition, the company must provide 5% equity to the
incubator for incubation services.

Please download the form from
http://www.nsrcel.org/home/

--


All entrepreneurs may want to take a look at this opportunity !



-- 
thanks
Saifi.



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