KIIT- Technology Business Incubator announces NIDHI-EIR Program (India)

Deadline: 15-Nov-20

The KIIT-Technology Business Incubator (TBI) has announced a call for applications for the NIDHI-Entrepreneurs-in- Residence (EIR) Program 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.

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.

Objectives

To encourage graduating students to take to entrepreneurship by providing support as a fellowship.
To make pursuing entrepreneurship related to a technology business idea more attractive amongst available career options.
To provide a prestigious forum for entrepreneurs to pursue their ventures without any additional risks involved in technology-based businesses.
To enable the creation of new start-ups by entrepreneurs and significant progress towards raising funding or investment.
Supports from faculties and mentors, assigned as mentor to individual EIR Fellow in business planning and execution.
Participation of EIR fellow in any programme organised by KIIT-TBI.
Office space, administrative support and a stipend to work on their entrepreneurial idea and turn the innovative idea into viable businesses.
Provide mentorship and handholding for activities related to IP management, legal and contract, mobilizing resources and other business development related activities.

Benefits

The Programme thus encourages enterprising individuals to venture out and pursue daring entrepreneurial ideas as well as enhances the quantity and quality of startups.
Grant Stipend maximum of Rs.30,000/- per month with a minimum level of Rs.10,000/- per month for a period of 12 months.
Supports from faculties and mentors, assigned as mentor to individual EIR Fellow in business planning and execution.
Participation of EIR fellow in any programme organised by KIIT-TBI.
Office space, administrative support and a stipend to work on their entrepreneurial idea and turn the innovative idea into viable businesses.
Provide mentorship and handholding for activities related to IP management, legal and contract, mobilizing resources and other business development related activities.

Support to Startups