NIDHI Entrepreneur-in Residence

NIDHI Entrepreneur-in-Residence is a program to encourage graduating student to take up entrepreneurship as a career option by providing fellowship support to deserving and budding entrepreneurs, to pursue their idea and translate that into a venture.

Who can apply

  • The EIR applicant should be citizen of India.
  • The EIR applicant should have completed minimum 4 years of formal full time undergraduate/postgraduate education towards one or more degree programme.
  • The EIR is expected to be committed to exploring a business idea. Typical NIDHI-EIR needing the support is a first generation innovative entrepreneur, who has no prior source of income. NIDHI-EIR support recipient should not treat this support as a stop gap arrangement to support them in their academic pursuits or transition between jobs.
  • NIDHI-EIR support recipient cannot be the promoter or significant (>10%) shareholder / beneficiary of another company at the time of applying for and receiving the grant approval.
1. The EIR applicant should be citizen of India.
2. The EIR applicant should have completed minimum 4 years of formal full time undergraduate/postgraduate education towards one or more degree programme.
3. The EIR is expected to be committed to exploring a business idea. Typical NIDHI-EIR needing the support is a first generation innovative entrepreneur, who has no prior source of income. NIDHI-EIR support recipient should not treat this support as a stop gap arrangement to support them in their academic pursuits or transition between jobs.
4. NIDHI-EIR support recipient cannot be the promoter or significant (>10%) shareholder / beneficiary of another company at the time of applying for and receiving the grant approval.

What you get:

Monthly fellowship up to INR 30,000 per month for maximum 12 months.
Guidelines

Program Partners :

Funding support:

Innovators Supported :

12

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