TIH-IoT Entrepreneur in Residence (EIR) Program

The Entrepreneur in Residence fellowship is TIH's route for someone who has an IoT business idea and wants to work on it full time before, or instead of, raising money for a company. Incorporation is not mandatory. If a startup already exists for the idea, the applicant has to be one of its promoters. The published page describes the 2024 edition and states no current deadline, so check whether a round is open before preparing an application.

What you get

• A monthly fellowship grant for up to twelve months
• Technology and business mentorship from idea through to startup
• The chance to get associated with a technology business incubator such as SINE at IIT Bombay, or an IIT Bombay centre of excellence such as BETiC
• A chance at a next level of funding

Who can apply

• Indian citizens who have graduated by the time the fellowship is awarded
• A basic degree or diploma in engineering or science, with at least four years of full-time undergraduate or postgraduate education, or a three-year degree or diploma plus two years of full-time work experience
• A final-year student, or someone whose highest degree or diploma was completed in or after 2018
• Pursuing entrepreneurship full time, with no other government remuneration or fellowship at the same time
• Not a promoter or holder of more than ten per cent in another company
• The selected fellow must register for pre-incubation or incubation with a technology business incubator for the whole fellowship

How selection works: applicants submit a formal business plan or project proposal in the prescribed format. Only shortlisted applicants are notified.

How to apply: through the Apply button on the programme page. Queries go to entredevelopment@tihiitb.org.