Fellowship – Entrepreneurship in Residence (EIR)

The EIR Fellowship Programme provides tremendous opportunities for innovative entrepreneurs to expand their networks and receive critical feedback on their ventures in order to promote their entrepreneurial career goals and aspirations.

Opportunities under EIR Fellowship Programme

  • Guidance from experienced, innovative, and highly successful entrepreneurs on the business concept, strategy, or venture, along with insights into specific industries or markets.
  • Best practices for starting a business and opportunities to broaden the professional network.
  • Co-working spaces for developing the idea into a marketable product.

Objectives of EIR Fellowship

  • To encourage graduating students to take up entrepreneurship by providing support as a fellowship of up to Rs. 3.6 lakhs, paid monthly.
  • To provide a prestigious forum for deserving and budding entrepreneurs to pursue their ventures without additional risks involved in technology-based businesses.
  • To create, nurture, and strengthen a pipeline of entrepreneurs.
  • To make pursuing entrepreneurship related to a technology-based business idea more attractive among available career options.
  • To enable the creation of new start-ups by entrepreneurs and significant progress towards raising funding or investment.

Expected Outcome of EIR Fellowship

  • Conversion of at least 30% of the supported recipients’ ideas into start-up companies within one year.
  • At least 10% of support recipients raising funds or investment for their company within 18 months of EIR support.