IAS Gyan

Daily News Analysis

'AIM-PRIME'

24th April, 2021 Welfare schemes

Context: Atal Innovation Mission (AIM), NITI Aayog launched AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship), an initiative to promote and support science-based deep-tech startups & ventures across India.

About AIM-PRIME:

  • AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program, which will be implemented by Venture Center - a non-profit technology business incubator.
  • The first cohort of the program is open to technology developers (early-stage deep tech start-ups, and scientists/ engineers/ clinicians) with strong science-based deep tech business ideas.
  • The program is also open to CEOs and Senior incubation managers of AIM Funded Atal Incubation Centers that are supporting deep tech entrepreneurs.
  • The benefits of this program are aimed at addressing specific issues through training and guidance over a period of 12 months.
  • Candidates selected for the program will get access to in-depth learning via a comprehensive lecture series, live team projects, exercises, and project-specific mentoring.
  • They will also have access to a deep tech startup playbook, curated video library, and plenty of peer-to-peer learning opportunities.
  • The AIM-PRIME program is specifically tailored for the rapid scaling up of deep-tech science ventures in India, providing not just the necessary intellect and support but also the exposure they rightly deserve.

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1708798#:~:text=Atal%20Innovation%20Mission%20launches%20'AIM,partnership%20with%20BMGF%20%26Venture%20Center&text=In%20this%20regard%2C%20AIM%20has,non%2Dprofit%20technology%20business%20incubator.