Call for applications for NIDHI Entrepreneur in Residence (EIR)

NIDHI EIR - About The EIR Program

Pursue your Entrepreneurial Aspirations

The EIR program has been conceived to inspire the best talent to be entrepreneurs by supporting them with mentorship, access to office space and guidance. It also offers fellowship amount ranging from Rs 10,000/- to Rs 30,000/- per month for an year to minimize the risk involved in pursuing start-ups, and to partially set off their opportunity costs of salaries. The program has been introduced by NSTEDB, Govt. of India.

Program Benefits

Monthly Fellowship

  Fellowship ranging from Rs 10,000/- to Rs 30,000/- per month.

Prototyping Support

  Support for product development, prototyping and testing with partners and other stakeholders.


  Guidance from experienced entrepreneurs on the business model, strategy, sector and market insights.

Incubation Space

  EIRs get incubation space, access to group knowledge sessions and pitch review at incubation centre at SRiX.

Eligibility Criteria

Following are the requirements for EIR applicants / candidates -

  They should be a citizen of India.

  They should have completed their undergraduate/post graduate education in Science or Engineering fields.

  Final year students are NOT eligible to apply.

  They are expected to pursue their entrepreneurial aspirations full time and should not treat it as a stop gap arrangement or as a support in academic pursuits or transition between jobs.

  They should demonstrate their ability to build a scalable technology business startup.

  Preference shall be given for:

  1. Technology business ideas with larger technology uncertainties and / or long gestation periods,
  2. Technology business ideas leveraging technology or IP from publicly funded research or academic organizations,
  3. Technology business ideas with considerable potential for social impact.

  Entrepreneurs pursuing business ideas with no or marginal technology innovation are discouraged to apply.

  NIDHI-EIR seeking support should have a formal business plan, a business presentation including the investment proposal.

For further queries please contact:

+91 80080 25400

SRiX - SR Innovation Exchange

SRiX helps startups build innovative products using hardware and software technologies such as IoT, AI, VR/AR, and Data Analytics in the strategic areas of Agriculture, Healthcare, Environment & Education by providing Maker Spaces, Technology Innovation Labs, Business Incubation, and market access with a Go-To-Market strategy.

Contact us

SR Innovation Exchange (SRiX)

SR University Campus

Hasanparthy , Warangal

Telangana 506371

  : +91-80080 25400


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