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Incubator Coimbatore, Tamil Nadu Est. 1998

PSG-STEP

One of India's oldest technology incubators at PSG College of Technology, Coimbatore, with 100,000 sq ft of facilities and 184+ startups supported across IT, biotech, and nanotech.

184+ startups supported 4 programs listed

About PSG-STEP

PSG-STEP (PSG Science & Technology Entrepreneurial Park) was established in 1998 at PSG College of Technology, Coimbatore, with support from the Department of Science & Technology (DST), IDBI, and ICICI. It is one of India's oldest and most established technology business incubators, leveraging the core strengths of PSG College of Technology across multiple engineering and science disciplines.

With approximately 100,000 sq ft of incubation facilities, PSG-STEP fosters tech-based ventures in software, electronics, hi-tech mechanical engineering, eco-friendly textiles, biotechnology, and nanotechnology. Supported by NSTEDB, DST, BIRAC, and MeitY, the incubator has created dedicated incubation centres in information technology, electronics, nanotechnology, and biotechnology, and has supported more than 184 startups to date. PSG-STEP provides incubation space, shared laboratory and equipment facilities for product development, mentoring and technical advice through its extensive networks, and early-stage seed funding.

## Who Benefits

Technology entrepreneurs and early-stage startups in Coimbatore and Tamil Nadu working across IT, electronics, biotech, nanotech, and textile innovation who need laboratory access, seed funding, and structured mentorship to develop and commercialise products.

Who they work with

Stages
Idea
Sectors
AI, SaaS & Enterprise Deeptech & Robotics Biotech, Health & Pharma Manufacturing & Industrial

Programs by PSG-STEP 4

Closed Grant
FundingUp to Rs. 7 lakh
Equity-free

PSG-STEP, in association with the Ministry of Electronics & Information Technology (MeitY), is inviting applications for the TIDE 2.0 Prototype Development Grant. This program provides grant funding of up to Rs. 7 lakhs per startup. The grant is specifically for nascent, early-stage startups that have a definite Proof-of-Concept (PoC) and are looking to further develop it into a Minimum Viable Product (MVP) or prototype. The focus areas for this grant include Fintech, EduTech, Other Emerging

ClosesClosed
Closed Grant
FundingUp to Rs. 4 lakh
Equity-free

PSG-STEP, in association with the Ministry of Electronics & Information Technology (MeitY), is inviting applications for the TIDE 2.0 Entrepreneur-in-Residence (EiR) grant. This program provides funding support up to Rs. 4 lakhs for a period of one year. The EiR grant is specifically for individuals or early-stage startups that need to develop and validate their innovative ideas to establish a Proof-of-Concept (PoC). The funds are to be utilized for the validation and development of the idea

ClosesClosed
Closed Grant
FundingUp to Rs. 7 lakh
Equity-free MVP / Prototype

The **MeitY TIDE 2.0 Grant** at PSG-STEP is aimed at providing financial support for **Prototype Development** to nascent startups. The funding is intended to take a definite Proof-of-Concept (PoC) and develop it further into a **Minimum Viable Product (MVP)**, helping the startup advance towards the market. PSG-STEP is associated with the Ministry of Electronics & Information Technology (MeitY) under the TIDE 2.0 scheme.

ClosesClosed
Closed Grant
FundingUp to Rs. 4 lakh
Equity-free Idea MVP / Prototype

The **MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR)** program at PSG-STEP is designed to provide funding and mentoring support to innovators and startups at the **Idea to Proof-of-Concept (PoC)** stage. The support includes incubation at PSG-STEP, where the fund is to be utilized for the validation and development of the idea over a period of 1 year. PSG-STEP is associated with the Ministry of Electronics & Information Technology (MeitY) under the TIDE 2.0 scheme.

ClosesClosed

Frequently asked questions

What funding programs does PSG-STEP run?

PSG-STEP currently has 4 programs listed in this directory, including MeitY TIDE 2.0 Grant at PSG-STEP, MeitY TIDE 2.0 Entrepreneur-in-Residence at PSG-STEP, MeitY TIDE 2.0 Grant for Prototype Development at PSG-STEP. Each program page covers the funding amount, eligibility and application process.

Is PSG-STEP a government organisation?

PSG-STEP is listed as a incubator. It is not a government body, and its programs follow the organisation's own selection process.

How do I evaluate whether a PSG-STEP program fits my startup?

Start with the stages and sectors shown on this profile, then open the program pages for eligibility conditions and document checklists. If you want a structured view, send an enquiry below and an IncorpX advisor will walk you through fit and readiness.

Do I apply to these programs through IncorpX?

No. Applications are always submitted in your own name with the respective program authority. IncorpX is independent of PSG-STEP and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.

Enquire about PSG-STEP

Tell us what you are building and which PSG-STEP program you are evaluating. An IncorpX advisor will help you assess fit and get application-ready.

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Your enquiry goes to the IncorpX advisory team, who will help you evaluate fit and prepare. We are independent of PSG-STEP and never contact organisations on your behalf.

Important disclaimer

IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.

This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.

IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.

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