In a bid to expand the current ecosystem of incubators and to provide them with access to global benchmarks and best practices, Atal Innovation Mission (AIM), NITI Aayog, has announced applications for Atal Incubation Centre (AIC) and Atal Community Innovation Centre (ACIC).
The programs aim to create and support the innovation ecosystem in the country by establishing world-class institutions that help budding entrepreneurs.
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.
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.