Topics Covered: Science and Technology- developments and their applications and effects in everyday life Achievements of Indians in science & technology; indigenization of technology and developing new technology.
Entrepreneurs in Residence (EIR) programme:
Context:
A brochure featuring Entrepreneurs in Residence (EIR) under the National Initiative for Developing and Harnessing Innovations (NIDHI) programme was recently launched.
What is Entrepreneurs-in-Residence (EIR) Programme?
It is under the 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 with 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.
| What is NIDHI program?
Department of Science & Technology has launched a NIDHI program (National Initiative for Developing and Harnessing Innovations) under which programmes for setting up of incubators, seed fund, accelerators and ‘Proof of concept’ grant for innovators and entrepreneurs have been launched. · Under NIDHI, PRAYAS (Promoting and Accelerating Young and Aspiring innovators & Startups) programme has been initiated in which established Technology Business Incubators (TBI) are supported with PRAYAS grant to support innovators and entrepreneurs with grants for ‘Proof of Concept’ and developing prototypes. |
InstaLinks:
Prelims Link:
- About Entrepreneurs-in-Residence (EIR) Programme.
- What is NIDHI program?
- About PRAYAS programme.
- The above said programmes have been launched by?
Sources: pib.
