NIDHI - Entrepreneur In Residence (NIDHI-EIR), Deshpande Startups,
To inspire the best talents to be entrepreneurs, minimize the risk involved in pursuing
startups, and to partially set off their opportunity costs of high paying jobs.


NIDHI - is the National Initiative for Developing and Harnessing Innovations, an umbrella program conceptualized by the Innovation & Entrepreneurship division of the Department of Science and Technology, Government of India aimed at catapulting INNOVATIONS into STARTUPS, which in turn would contribute to the building of an innovation driven ecosystem to bring about economic development through creation of wealth.

NIDHI - Entrepreneur In Residence (NIDHI-EIR) National Science and Technology Entrepreneurship Development Board (NSTEDB), Government of India supporting Technology Business Incubators is mainly associated with academic and research institutions to leverage technologies and innovations for venture creation. Converting technologies and research into startup ventures has a long product development and revenue generation time. To inspire the best talents to be entrepreneurs, minimize the risk involved in pursuing start-ups, and to partially set off their opportunity costs of high paying jobs, NSTEDB has introduced NIDHI - Entrepreneurs In Residence (EIR) Programme. The NIDHI-EIR programme provides tremendous opportunities for innovative entrepreneurs to expand their networks and get critical feedback on their ventures in order to promote their entrepreneurial career goals and aspirations.


ANNOUNCEMENTS

Current Call : NIDHI EIR Round 4

Applications Status : Open

For more information reach out to us at:

Contact details:
M: +91 961-153-2032
E: edge@dfmail.org

Objectives of NIDHI-EIR

The program aims:


Sector Focused, NIDHI EIR, Deshpande Startups
Eligibility Criteria
Preferences will be given to the following:

  • Technology Business Ideas with High Degree of Social Impact
  • Women entrepreneurs
  • Young Innovators under the age of 35
  • Uniqueness of the idea
Funding Mechanism

Support Grants

The NIDHI-EIR support recipient will be eligible to grant maximum of ₹ 30, 000/- per month with a minimum level of ₹ 10, 000/- per month for a period of 12 months. Hence total maximum support to be capped at ₹ 3,60,000/- for each selected NIDHI - EIR.

Duration: 12 to 18 months based on the milestones.

Support, NIDHI EIR, Deshpande Startups Deshpande Foundation

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