(THE GIST OF PIB) Entrepreneur-in-Residence Programme

(NOVEMBER-2025)

Entrepreneur-in-Residence Programme

Recently, the Union Minister of State for Science & Technology said that Entrepreneur-in-Residence (EIR) Programme is gaining popularity among young startups, innovators.

About Entrepreneur-in-Residence Programme:

It is one of the programs introduced under National Initiative for Developing and Harnessing Innovations (NIDHI).
It aims to encourage graduates to take to entrepreneurship as a prospective career option by providing financial and non-financial support in the form of a fellowship.

Features of Entrepreneur-in-Residence (EIR) Programme

Financial Support: Recipient is eligible to get financial support of up to INR 30,000/- monthly.
It is offered to graduate students for a maximum period of 12 months.
The Programme includes access to the infrastructure facilities at the TBI, mentoring support and guidance, technical and financial advice, industry connections.
Implementation: It is implemented by the Department of Science and Technology, Government of India in association with NCL Venture Centre, Pune.

What is NIDHI Programme ?

National Initiative for Developing and Harnessing Innovations (NIDHI) as an umbrella programme for nurturing ideas and innovations (knowledge-based and technology-driven) into successful startups.