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Entrepreneur-in-Residence (EIR) Programme & BRIC  

Why in the news? 

At the 3rd Annual General Meeting of the Biotechnology Research and Innovation Council (BRIC), Union Minister Dr. Jitendra Singh highlighted the growing importance of the Entrepreneur-in-Residence (EIR) Programme and India’s rising biotech innovation ecosystem.

Entrepreneur-in-Residence (EIR) Programme

  • It is one of the programmes launched under the National Initiative for Developing and Harnessing Innovations (NIDHI).
  • A Government of India initiative to bridge the gap between research and enterprise.
  • Encourages young scientists, innovators, and researchers to become scientist-entrepreneurs.
  • Helps convert lab research → market-ready innovations.

About BRIC

  • Established: 2023
  • Type: Pan-India umbrella network of biotechnology research institutions.
  • First major experiment in merging multiple institutes under one collaborative body.
  • Ranked as India’s top organization in biological sciences research (Nature Index India 2025).
Which of the following statements is/are correct regarding National Innovation Foundation India (NIF)? (2015)

(1) NIF is an autonomous body of the Department of Science and Technology under the Central Government. 

(2) NIF is an initiative to strengthen the highly advanced scientific research in India’s premier scientific institution in collaboration with highly advanced foreign scientific institution. 

Select the correct answer using the code given below. 

(a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2

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