Entrepreneur-in-Residence Program (EiR)

The EIR Programme supports the innovators with funding, mentorship and infrastructure support to pursue a promising technology-based business idea and convert it into a product making startup. 

• Encourage graduating students and innovators to pursue entrepreneurship by providing fellowship support.

• Enable the creation of new startups and facilitate progress through mentorship, business and industry connect and training programs.

• Monthly grant support: up to INR 30,000 for 12 months.

• Mentorship on converting ideas to products and business concepts for commercialization.

• Access to co-working spaces and prototyping labs (subject to Incubation Centre policies).

• Training programs

• Business and industry connect.

EIR candidates will explore a technology-based business idea to:

• Develop a product up to prototype/MVP

• Assess commercialization potential.

• Develop a business plan.

• Validate market, industry, technical, and financial feasibility.

• Identify team members and funding sources.

• Get incubated at IITTNiF for product development and commercialization.

• Geo-AI

• 3D-GIS

• AR/VR in Navigation/GIS

• Synthetic Aperture Radar (SAR) based applications

• GIS based digital governance

• Must be an Indian citizen.

• Completed 4 years of full-time undergraduate/postgraduate education (science or engineering).

• OR a 3-year science/engineering degree/diploma + 2 years full-time work experience.

• Must commit to pursuing the idea full-time.

• Must propose one scalable technology-based business idea.

• Must demonstrate the ability to build a scalable tech startup and present a business plan.

• Must register for incubation at IITTNiF
  
  Not Eligible If 

• Are a promoter or significant shareholder (>10%) of another company.

• The applicant or team members have previously availed any other startup/innovator grant

• Have received similar support for the same innovative concept

• Do not meet the education or eligibility criteria

• Are not pursuing the idea full-time

• Are unwilling to join incubation at IITTNiF

• Are seeking funding for research or internships

• Are not aiming for commercialization.

• Technology ideas with high uncertainty or long gestation periods.

• Ideas leveraging IP/technology from publicly funded research.

• Ideas with strong social impact or job creation potential.

• Application submission does not guarantee selection.

• Only shortlisted applicants will be notified.

• Evaluation committee decisions are final.

• Selected applicants must join incubation.

• Within 3 months, the innovator has to register their startup as a private limited company.

• Screening takes 4–8 weeks; lack of communication implies non-selection.

• The program is governed by the IITTNiF policies and the decision of the IITTNiF management is final.

• IITTNiF management reserves the right to make amendments to the program as per requirements.