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NIDHI-EIR program launched

Part of: GS Prelims and GS-III- Entrepreneurship; Innovation

In news

A brochure featuring Entrepreneurs in Residence (EIR) was recently launched.
Launched under: National Initiative for Developing and Harnessing Innovations (NIDHI) programme.
Concerned department: Department of Science & Technology (DST) Secretary.
The brochure details what the EIRs are working on and some highlights about them.
It is also meant to be a directory of all EIRs.

Important value additions

NIDHI supports aspiring entrepreneurs for pursuing a promising technology business idea over a period up to 18 months with a subsistence grant up to Rs 30000 per month with a maximum cap for total support of Rs 3.6 lakh to each EIR over a maximum of 18 months.
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.

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