As many as 1,706 startups have been supported so far by the government under the Technology Incubation and Development of Entrepreneurs 2.0 (TIDE 2.0) scheme, Union Minister for Electronics and Information Technology Ashwini Vaishnaw informed Rajya Sabha.
The Israel Innovation Authority (IIA) launched a competitive proceeding to establish new high-tech incubators with up to a 40 million Shekel (USD 11.9 million) investment per Incubator.