A wide gap exists in financial support required by technology driven start-ups in their initial phase. Under the TIH-IoT SS program, TIH-IoT would provide financial assistance to start- ups with promising ideas, innovations, and technologies to enable them to graduate to a level where they will be able to raise investments from angel/Venture capitalists. The Program aims to facilitate the initial phase of a start-up, enabling the new ventures to survive and succeed in the marketplace. TIH-IoT would share the success of the supported start-ups which would also result in ensuring its own long term operational sustainability.
The TIH-IoT SS Program has the following broad objectives: