Department of Science and Technology (DST) · Part B

NIDHI – Entrepreneur in Residence

NIDHI-EIR

Monthly fellowship of ₹10,000–₹30,000 for up to 18 months, plus co-working space and mentoring to turn your startup idea into a business.

Grant Ideation ₹10,000–₹30,000/month for 12 months (extendable to 18)

Overview & Objective

Monthly fellowship of ₹10,000–₹30,000 for up to 18 months, plus co-working space and mentoring to turn your startup idea into a business.

Grant ranging from ₹10,000 to ₹30,000 per month for a period of 12 months, extendable up to 18 months.
The selected NIDHI-TBI will received a grant of ₹39.6 lakh each year, of which ₹36 lakh is to be provided to the NIDHI EIRs.
Co-working spaces for developing the idea into a marketable product.
Guidance from experienced, innovative and highly successful entrepreneurs on the business concept, strategy or venture and insight into specific industries or markets.

The entrepreneur should be an Indian citizen. They should have completed minimum 4 years of formal full time undergraduate/post graduate education or 3 years degree or diploma program and have 2-year full time work experience post degree or diploma.

The program is announced by the NIDHI-TBI locally. Applications by the EIR are to be submitted in a prescribed format