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NIDHI Entrepreneur in Residence (EIR) Program

Apply before: On Rolling Basis

The NIDHI-Entrepreneurs-in-Residence (EIR) Programme, introduced by NSTEDB, supports early-stage startups by providing a monthly fellowship of Rs.30,000 for a year. The program aims to inspire entrepreneurship, minimize startup risks, and offset opportunity costs of high-paying jobs. It offers innovative entrepreneurs opportunities to expand their networks, gain critical feedback, and develop their ideas into marketable products. The program includes guidance from successful entrepreneurs, best practices for starting a business, and co-working spaces. It encourages graduates to pursue entrepreneurship, supports technology-based ventures, and strengthens a pipeline of entrepreneurs for incubators.

Eligibility

The eligibility criteria for the NIDHI Entrepreneur in Residence (EIR) Program are:

  • Graduating students or early-stage startups.
  • Focus on technology-based business ideas.
  • Entrepreneurs should be ready to develop their idea into a marketable product.
  • Must be identified by the implementing partner Institution (TBI).

How can AI benefit startups?

Benefits

The benefits of the NIDHI Entrepreneur in Residence (EIR) Program are:

  • Monthly fellowship of Rs.30,000 for a full year.
  • Guidance from experienced entrepreneurs.
  • Best practices for starting a business.
  • Broaden professional networks.
  • Access to co-working spaces.
  • Support for developing a marketable product.
  • Encouragement to pursue entrepreneurship with reduced risks.

Application Process

Click here to apply.

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Theme : Startups
Applicant Country : India
For more information : India Science and Technology

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