KSUM invites applications from young entrepreneurs for fellowship prog

Thiruvananthapuram: Kerala Startup Mission (KSUM) has invited applications from aspiring young entrepreneurs for the fellowship program under the National Initiative for Developing and Harnessing Innovations Entrepreneurs-in-Residence (NIDHI-EIR) of the Government of India, which commences on April 1.

NIDHI-EIR program, launched by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Government of India, is meant for encouraging graduates to take up entrepreneurship by providing Fellowship.

KSUM is one of the startup incubators selected as Programme Execution Partners (PEP) under the NIDHI-EIR program from all over India.

The program aims to provide guidance, mentorship, lab access, and a stipend to promote student entrepreneurship.

Under the scheme, a stipend of up to Rs 30,000 per month would be provided for one year to an aspiring or budding entrepreneur for pursuing a promising technology business idea in MedTech, hardware and robotics, cleantech, and innovative technologies sectors.

Applications are invited in SC, ST, and General categories.

Selected fellows will get mentoring, access to prototyping labs, guidance, and networking opportunities, and opportunities to get incubated in KSUM Incubators located in Trivandrum, Kochi, and Kozhikode.

The last date for submitting applications is February 28. A shortlist of candidates will be published on March 22.

KSUM is the nodal agency of the state government for entrepreneurship development and incubation activities in the state.