Entrepreneur-in-Residence (CPS-EIR)
A programme by IIT Mandi iHub and HCI Foundation
A full-time residency for individuals who want to test a technology business idea, with monthly financial support for 12 months.
At a glance
| Best for | Individuals with a technology business idea who can work on it full time |
|---|---|
| Stage | Idea |
| Duration | 12 months, extendable by up to 6 months |
| Format | In person |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Entrepreneur-in-Residence (CPS-EIR)
The Entrepreneur-in-Residence programme is for individuals who want to explore a technology business idea and find a team, and who can give it their full time. Support runs for 12 months and can be extended by up to 6 months for deserving candidates. The support is not tied to a specific purpose.
What you get
- Monthly financial support for 12 months
- Guidance on product development, commercialisation, business concepts and market strategy
- Workspace at the incubator, based on availability
Who can apply
- Citizens of India
- Individuals with an idea and a strong wish to become entrepreneurs, including single founders and people who tried before
- EIR cannot run alongside any other remuneration or fellowship
How selection works: progress is reviewed at least quarterly by the incubator to decide whether support continues. Recipients spend 80% of their time on their idea and 20% on initiatives at the incubator.
How to apply: email tih@ihubiitmandi.in.
Where to apply
Other IIT Mandi iHub and HCI Foundation programmes
- Call for Innovation (CfI)An open call for HCI-based products that can be taken to industry, with grant support for selected applicants.
- Call for Innovation for Faculty and Student-Led StartupsA special Call for Innovation round for faculty and PhD students at government institutes who want to commercialise HCI work.
- CPS-PRAYASA prototyping grant for innovators and startups moving an idea to a working hardware or software prototype.
- CPS-SSS (Seed Support System)Seed support for incubated startups that are taking a product towards commercialisation.
- CPS-DIAL (Dedicated Innovation Accelerator)Commercialisation support for incubated startups, given through the incubator as a soft loan, against equity or as a mix of both.