Manjrekar represents the Mumbai Under-19 squad, while Matkar, a left-arm spinner who can also bat, had put in match winning performances to help Mumbai enter the knockout stage of the C K Nayudu tournament.
Matkar is currently a part of the Mumbai Ranji Trophy squad, which is playing against Gujarat at the Wankhede Stadium.
The scholarship, instituted in the name of Tyson who unearthed many bowlers for Mumbai in the early 1990s through a bowler-specific scheme, is worth Rs 2 lakh per player to help in their education and training, a media release said today.
"It gives me immense pleasure to have instituted this scholarship in his memory to celebrate his genius. I wish the young lads the best for their cricketing career ahead," he added.
