Fellowship

NIDHI Entrepreneurs in Residence

A programme by FiiRE, Goa (Forum for Innovation Incubation Research)

Twelve-month fellowship paying a monthly stipend to a first-generation entrepreneur with a technology business idea.

At a glance

Best forFirst-generation founders with a science or engineering degree and no company yet
StageIdea – Prototype
Duration12 months
FormatIn person
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.
Run withNSTEDB, Government of India, Department of Science & Technology

About NIDHI Entrepreneurs in Residence

The EiR fellowship exists to take the risk out of leaving a job or a degree to start something. It pays a monthly stipend for twelve months while you work on a technology business idea full time. FiiRE lists Cohort 3 as upcoming.

What you get

  • A monthly stipend for twelve months
  • Coworking space and administrative support
  • Mentoring and expert connects on product, commercialisation, business conceptualisation and market strategy
  • Prototyping support
  • Networking with other founders

Who can apply

  • Indian citizens with an undergraduate or postgraduate degree in science or engineering
  • First-generation entrepreneurs with no other source of income; final-year students cannot apply
  • Full-time commitment, not a stopgap between jobs
  • A scalable technology idea, with a written business plan and a presentation
  • You cannot be a promoter or hold more than 10% in another company

If you raise funding during the fellowship the stipend stops from the date of your first tranche. You may submit more than one idea, but only one will be taken forward.

How to apply: through FiiRE's page on the F6S platform, or ask reachus@fiire.org.in when Cohort 3 opens.

Where to apply

Other FiiRE programmes

Everything about FiiRE, Goa