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.

What you get:

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

Program Partners :

Innovations Supported :

12

Funding support: