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MENTORSHIP, CAPITAL & CONNECTIONS

ENTREPRENEUR-IN-RESIDENCE PROGRAM

Introduction

The EIR fellowship at JSS STEP Noida is awarded to a first-gen innovative entrepreneur, who has no prior source of income. The fellowship is awarded for a period of one year to an innovator who demonstrates his ability to build a scalable technology business startup and pursues entrepreneurship in a full-time mode. A fellowship of Rs. 3,60,000/- shall be granted per fellow.

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The EIR should be registered for the pre-incubation or incubation program at JSS STEP for the entire duration of EIR support.
PREFERENCE SHALL BE GIVEN FOR:
  • Technology business ideas with larger technology uncertainties and/ or long gestation periods,
  • Technology business ideas leveraging technology or IP from publicly funded research or academic organizations,
  • Technology business ideas with considerable potential for social impact.
ELIGIBILITY CRITERIA:
  • The EIR applicant must apply with a technology in TRL 2-4 stages.
  • The EIR applicant should be a citizen of India. An Indian citizen is defined as one who is in possession of a government-approved proof of nationality such as a valid passport, voter’s id, etc.
  • The EIR applicant should have completed
    • Minimum 4 years of formal full-time undergraduate/post-graduate education towards one or more degree programs. A basic degree or diploma should be in science or engineering.
    • OR
    • 3 years degree or diploma program and have 2 years full-time work experience post-degree or diploma. A basic degree or diploma should be in science or engineering.
  • The recipient cannot hold more than 10% shareholding in another company at the time of applying for and after receiving the grant.
  • Entrepreneurs pursuing business ideas with no or marginal technology innovation or those with a very short journey (i.e. less than 6 months) to commercialization are discouraged to apply