NIDHI EIR

Entrepreneurs-in-Residence (EIR) Programme is one of the programs introduced under NIDHI to inspire the best talents to be entrepreneurs, to minimize the risk involved in pursuing start-ups, and to partially set off their opportunity costs of high paying jobs.

Objectives of NIDHI-EIR Programme

To encourage graduating students to take to entrepreneurship by providing support as a fellowship.

To provide a prestigious forum for entrepreneurs to pursue their ventures without any additional risks involved in technology-based businesses.
To make pursuing entrepreneurship related to a technology business idea more attractive amongst available career options.
To enable the creation of new start-ups by entrepreneurs and significant progress towards raising funding or investment.

Eligibility Criteria

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The opportunities under NIDHI-EIR Programme include:

Guidance from experienced, innovative, and highly successful entrepreneurs on the business concept, strategy, or venture and insight into specific industries or markets.
Best practices for starting a business and broaden the professional network.
Co-working spaces for developing the idea into a marketable product.

The Programme thus encourages enterprising individuals to venture out and pursue daring entrepreneurial ideas as well as enhances the quantity and quality of startups.

How much funding I can expect ?

Upto INR 30,000 per month for 12 months.

Your one stop contact person for any queries

Amit Yadav

Innovation Catalyst, Electronics - riidl

Fab Instructor, Fab Foundation, MIT, USA

amit.vy@somaiya.edu

Pooja Borwankar

Program Manager, riidl SVV

M.Com Masters in Accountancy

poojaborwankar@somaiya.edu

Note : RIIDL does not impose/ charge any fees for applying for grants or seed funds.
We strongly discourage engaging third-party services that charge fees for assisting with the application process.