A brochure featuring Entrepreneurs in Residence (EIR) under the National Initiative for Developing and Harnessing Innovations (NIDHI) programme was launched by DST Secretary Professor Ashutosh Sharma at the National Get-Together of NIDHI-EIR Family.
- Entrepreneurs-in-Residence (EIR) Programme under National Initiative for Developing and Harnessing innovations (NIDHI) of Department of Science and Technology.
- It supports aspiring or budding entrepreneur of considerable potential for pursuing a promising technology business idea over a period up to 18 months.
- 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 is provided.
- The programme aims to provide guidance to these aspiring entrepreneurs from experienced, innovative and highly successful entrepreneurs on the business concept strategy and insight into specific industries or markets, inspire the best talents to be entrepreneurs, to minimise the risk involved in pursuing start-ups, and to partially set off their opportunity costs of high paying jobs.
(Source:PIB)
CLICK HERE FOR UPSC PRELIMS CURRENT AFFAIRS MCQ
