Union Minister Dr Jitendra Singh says, 604 aspiring entrepreneurs or startups have been supported so far under National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program.

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Union Minister Dr Jitendra Singh says, 604 aspiring entrepreneurs or startups have been supported so far under National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program.

Ministry of Science & Technology Union Minister Dr Jitendra Singh says, 604 aspiring entrepreneurs or startups have been supported so far u

Ministry of Science & Technology

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Union Minister Dr Jitendra Singh says, 604 aspiring entrepreneurs or startups have been supported so far under National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program.

The grants have been disbursed in the form of fellowship to the selected aspiring entrepreneurs or startups across the country through a network of 29 Technology Business Incubator (TBIs)

Maharashtra, Karnataka and Tamil Nadu are the top three states, which got support for start-ups under NIDHI-EIR program

Posted On: 27 JUL 2022 2:13PM by PIB Delhi

Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said, 604 aspiring entrepreneurs or startups have been supported so far under National Initiative for Developing and Harnessing Innovations (NIDHI)- Entrepreneurs-in-Residence (EIR) program.

In a statement laid on the table of the Lok Sabha, Dr Jitendra Singh said, the grants have been disbursed in the form of fellowship to the selected aspiring entrepreneurs or startups across the country through a network of 29 Technology Business Incubator (TBIs) who act as a program implementation partner for NIDHI EIR program.

Entrepreneurs-in- Residence (EIR) is the program introduced under the umbrella of National Initiative for Developing and Harnessing Innovations (NIDHI) by Department of Science & Technology (DST) in the financial year 2016-17. This program aims to inspire and provide support to S&T qualified persons who aspire to be an entrepreneur and has an innovative idea. The NIDHI EIR program is positioned as a pre-incubation program to generate new pipeline of entrepreneurs or startups.

The main objective of NIDHI EIR program is to encourage graduating students to take entrepreneurship instead of seeking jobs. The selected NIDHI-EIR support recipient (aspiring entrepreneurs/startups) is eligible for grant up to Rs.30,000/- per month for a period of 12 months. This fellowship is extendable up to 18 months in case of deserving candidates. Since the launch of NIDHI EIR program grant of Rs.19.03 crore has been disbursed to 604 number of aspiring entrepreneur or startups. This state wise list of NIDHI EIR recipients is given at Table 1.

Table 1

State

Number of NIDHI EIR supported entrepreneurs/startups

Andhra Pradesh

6

Assam

12

Bihar

10

Chhattisgarh

8

Goa

6

Gujarat

33

Haryana

13

Himachal Pradesh

2

Jammu and Kashmir

3

Jharkhand

4

Karnataka

90

Kerala

31

Madhya Pradesh

18

Maharashtra

94

Manipur

1

Odisha

47

Punjab

2

Rajasthan

18

Tamil Nadu

77

Telangana

18

Uttarakhand

6

Uttar Pradesh

54

West Bengal

25

Delhi

25

Pondicherry

1

Total

604

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