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Entrepreneur In Residence Fellowship

Entrepreneur In Residence Fellowship

EIR FELLOWSHIP IS DESIGNED TO PROVIDE EXTENSIVE SUPPORT TO ENTREPRENEURS WORKING IN THE AREAS OF TECHNOLOGY AND SOCIAL IMPACT.

Entrepreneurs-in-Residence (EIR) Fellowship 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.

This is an entrepreneurship fellowship/ grant in the form of a stipend to an aspiring or budding entrepreneur with a potential for pursuing a promising technology business idea.

Program Details

Benefits

  • A grant support of INR 10 – 30 K per month for a period of 12 months.
  • Guidance from mentors & experts on productization, commercialization, business concepts and market strategy.
  • Co-working spaces as per availability.

Sector Agnostic

Broad Spectrum

Objectives

Fellowship for young entrepreneurs

Duration

12 months

Program Timeline

Registration Starts

22th November, 2021

Last Date for Application

15th December, 2021

Eligibility Criteria

Disclaimer

The applications received under the program, are subject to due diligence of screening process. Only shortlisted participants will be notified/ informed about the final presentation to the monitoring committee.

Screening will be subject to the parameters other than the eligibility, such as innovation, potential for commercialization and venture creation, team capability and commitment etc.

The decision of the screening committee for approval and funding support will be final, firm and binding.

The final decision of screening committee will be communicated only to the approved applicants via email.

The approved will have to agree for pre incubation/ incubation with IIM Udaipur Incubation Centre as per its incubation policy/terms.

Screening of applications will take 6-8 weeks, from the date of closure of online applications. Only selected candidates will be notified. No communication from IIMUIC within the timeframe may be deemed as non-selection of your application for the program.

IIMUIC will not provide any suggestion/explanation with regards to the application that are not selected.

Contact Us

If you have any query please drop us an email at incubation@iimu.ac.in, we would be happy to assist you.