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The Ministry of Electronics & Information (MeitY) unveiled a series of new initiatives during the first MeitY Start-up Summit held at New Delhi. The initiatives include the MeitY Startup Hub (MSH), the second phase of the BHIM scheme, the Indian Software Product Registry and select Incubation Centres under the TIDE 2.0. The MeitY Startup Hub (MSH) will act as a platform to connect with incubators, accelerators, mentors, and eventually, angel funds and venture capitalists. The Indian Software Product Registry will be a single-window portal for cataloguing all companies and products developed in India with key analytics, category-wise listing and options to port the database to the Government e-Marketplace (GeM) for enhanced market access. Technology Incubation Development for Entrepreneurs 2.0 (TIDE 2.0) is aimed at strengthening close to 2,000 technology startups in areas of national concern, by leveraging emerging technologies and empowering 51 incubation centres across the country.

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