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
- Funding Assistance;
- Technology & Validation Idea;
- Product Development;
- Networking & Mentoring;
- Market Connect;
- Functional office space;
- IP/Regulatory Support;
- GST Exemption upto 50 lakhs.
For more information, visit https://www.kiitincubator.in/