Sign In
Learn bits
Schemes & Policies
Mahesh

28/07/22 14:19 PM IST

National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program

In News 
  • Union Minister of State (Independent Charge) Science & Technology; Dr Jitendra Singh said, 604 aspiring entrepreneurs or startups have been supported so far under National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program.
NIDHI- EIR Program 
  • The main objective of NIDHI EIR program is to encourage graduating students to take entrepreneurship instead of seeking jobs.
  • The selected NIDHI-EIR support recipient (aspiring entrepreneurs/startups) is eligible for grant up to Rs.30,000/- per month for a period of 12 months.
  • This fellowship is extendable up to 18 months in case of deserving candidates.
  • Entrepreneurs-in- Residence (EIR) is the program introduced under the umbrella of National Initiative for Developing and Harnessing Innovations (NIDHI) by Department of Science & Technology (DST) in the financial year 2016-17.
  • This program aims to inspire and provide support to S&T qualified persons who aspire to be an entrepreneur and has an innovative idea.
  • The NIDHI EIR program is positioned as a pre-incubation program to generate new pipeline of entrepreneurs or startups.
Source- PIB 

More Related Current Affairs View All

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

05 Mar

Arresting women at night

'The Madurai Bench of the Madras High Court in Deepa versus S. Vijayalakshmi and Others ruled that the legal provision in the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, which

Read More

05 Mar

Digital Personal Data Protection Act, 2023

'The Ministry of Electronics and Information Technology (MeitY) looking to wrap up public consultations on the draft Rules for the Digital Personal Data Protection Act, 2023 by Mar

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps