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department of science and technology
Amount
₹10,000 - ₹30,000
Provider
department of science and technology
Stage
early Stage
Categories
The NIDHI-Entrepreneur-in-Residence (EIR) program provides stipends to aspiring entrepreneurs to pursue their ideas while being mentored by experienced professionals. It aims to reduce the risk associated with early-stage entrepreneurship and encourage the creation of new startups. The program provides access to co-working spaces, mentorship, and financial support.
Applicants for the EIR program must be Indian citizens with either a minimum of 4 years of formal undergraduate/postgraduate education in science or engineering or a 3-year degree/diploma with 2 years of relevant work experience, be committed to pursuing a technology business idea full-time, demonstrate the ability to build a scalable technology business, not be a promoter or significant shareholder in another company, and be registered at a participating Technology Business Incubator (TBI).
Aspiring entrepreneurs apply through selected TBIs, which conduct their own selection process.