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Atal Innovation Mission

AIM and SETU is government’s endeavour to promote a culture of innovation and entrepreneurship. The main function of the scheme is divided into two parts:

  1. Entrepreneurship Promotion-through Self-Employment and Talent Utilization, wherein innovators would be supported and mentored to become successful entrepreneurs
  2. To provide a platform where innovative ideas are generated.
  1. Atal Tinkering Labs (ATL)

Recently, government has invited applications for Atal Tinkering Labs (ATL) with an objective to Cultivate One Million children in India as Neoteric Innovators. It will provide an environment for kids to invest their minds in innovation and learning new technologies. It provides an opportunity for educated minds to train the next generation. AIM will provide one-time grant-in-aid of Rs.10 lakhs and Rs.10 lakhs for operational costs to each ATL for 5 years.

Eligibility: Schools (Grade VI – XII) managed by Government, local body or private trusts/society to set up ATL.

For More: Click Here 

Last Date: 20th July

        2. Atal Incubation Centres

The government intends to establish new incubation centres across India by providing financial support. AIM will provide a grant-in-aid of Rs. 10 Crore to each AIC for a maximum of 5 years to cover the capital and operational expenditure cost in running the centre. The applicant would have to provide a built up space of at least 10,000 sq. ft to qualify for the financial support.

Eligibility:

  • Top educational institutions and R&D institutions.
  • Companies/ Corporates/ Technology parks / Industrial Parks/ any individual/ group of individuals.

For More: Click Here 

Last Date: 20th July

       3. Scale-up Support to Established Incubation Centres

The scheme envisages to augment capacity of the Established Incubation Centres in the country. It will provide financial scale-up support to enable Established Incubation Centres. Grant-in-aid support of Rs. 10 crores will be provided in two annual instalments of Rs. 5 crores each.

Eligibility:

  • Legal entity registered in India as public, private or public-private partnership.
  • Legal entity must be in operation for a minimum of three years.

For More: Click Here

Last Date: 20th July 2016

Send Details @ [email protected] 

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  1. Pingback: AIM promotes for world-class incubators and labs in India

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