Funding scheme detail

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Reports name /title Funding scheme detail
Report was generated on 09 Aug 2020 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20200417105100
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
DST NIDHI- EIR
OrganizationDepartment of Science and Technology, Govt. of India
Sub-Department / Committee
Source of fundingGovernment
SchemeDST NIDHI- EIR
Type of fundingFellowships
Funding Amount300000
DescriptionFellows will receive a monthly fellowship of Rs. 30000 for 12 months.
Range of fundingUnder Rs 10 lakh
Target investeesFirst generation innovative entrepreneur
NoteVenture center is the implementing partner and below is link to NIDHI - EIR website listing all the PEPs: http://www.nidhi-eir.in/incubators.php
Purpose(1) The individual should to be committed to exploring a business idea full time. (2) The fellowship is not a stop gap arrangement to support academic pursuits or transition between jobs. (3) NIDHI-EIR cannot be concurrent with any other remuneration or fellowship. (4) The candidate should be/willing to be registered for the pre-incubation or incubation program at the TBI for the entire duration of NIDHI-EIR support. (5) Preference shall be given for a) technology business ideas with larger technology uncertainties and/ or long gestation periods, b) technology business ideas leveraging technology or IP from publicly funded research or academic organizations, c) technology business ideas with considerable potential for social impact. (6) Once the NIDHI-EIR recipient raises funding or investments for their business ideas/ potential start ups from other source, the grant support shall be discontinued from the date of receipt of the first tranche of funds.
Focus area
Provides Funds For A, B, C,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
More detail..Link