Atal Innovation Mission commences Call for Application for setting up Incubation Centres
Atal
Innovation Mission (AIM), NITI Aayog today launched Call for Applications for
its two leading programs Atal
Incubation Centre (AIC) and Atal Community Innovation Centre (ACIC). The
call for applications is a step to expand the current ecosystem of incubators
and to provide them with access to global benchmarks and best practices.
Both the programs envision creating and supporting the
innovation ecosystem in the country by establishing world-class institutions
which shall help budding entrepreneurs of the country.
AIC is an initiative
of the AIM, NITI Aayog to foster innovation and entrepreneurial spirit while
creating a supportive ecosystem for start-ups and entrepreneurs in India. Each
AIC is supported with a grant of up
to INR 10 crores over a period of 5 years. Since 2016, AIM has established 68
Atal Incubation Centres across 18 states and 3 UTs which have supported more
than 2700 startups.
ACIC is envisaged to serve the unserved/underserved areas
of the country with respect to the start-up and innovation ecosystem. Each ACIC is supported with a grant of up to INR 2.5
crores over a period of 5 years. AIM has established 14 Atal Community
Innovation Centres across the country.
These AICs and ACICs
will play a pivotal role in enriching the start-up and entrepreneurship
ecosystem of India and echo the
anthem of Atmanirbhar Bharat.
While launching the call for applications,
CEO NITI Aayog Parameswaran
Iyer said “Innovation is an
unparalleled driving force for development and the drive for innovation has to
be coupled with social entrepreneurship”. He also reasserted the Prime
Minister's vision of tackling the country's challenges by innovating for India
and Innovating from India.
Mission Director AIM, NITI Aayog Dr Chintan Vaishnav in his
speech said “Becoming a 5
trillion economy as a nation will require a lot of impetus and support from the
startup ecosystem and we at Atal Innovation Mission are committed to that
vision. Today we see much more focused and inclusive incubation initiatives
which will provide access to all sectors of the economy”.
AIC applicants can apply here https://aimapp2.aim.gov.in/aic2022/
ACIC applicants can apply here https://acic.aim.gov.in/acic-application/