NIDHI – Entrepreneur in Residence (EIR)

Overview

NIDHI-EIR encourages graduating students and aspiring founders to pursue a technology business idea with a monthly fellowship, workspace, and mentoring at approved NIDHI TBIs.

Eligibility

• Indian citizen entrepreneur with a promising technology business idea
• Education/experience thresholds as per NIDHI-EIR guidelines
• Must be selected by a NIDHI-TBI Programme Executing Partner

What you get

• ₹10,000 to ₹30,000 per month for 12 months (extendable to 18)
• TBI receives annual EIR grant (playbook: ₹39.6 lakh/year of which ₹36 lakh for EIRs)
• Co-working space and mentoring from experienced entrepreneurs

How to apply

• Watch local NIDHI-TBI announcements
• Submit prescribed EIR application to the TBI
• Guidelines: https://nidhi.dst.gov.in/nidhieir/

Stamped Energy fit

High fit for Stamped's founder at IIT Roorkee if TIDES (or peer NIDHI TBI) runs EIR. Does not require incorporation upfront — rare. Use as living stipend while building the 90-day pilot and incorporating.

Sources & caveats

• Verify live windows, guidelines, and incubator eligibility on official sites before applying.
• Playbook summaries are high-level; scheme rules change.