NITI Aayog launches “AIM-PRIME” to support science based startups

What is the News?

Atal Innovation Mission(AIM), NITI Aayog in association with Bill & Melinda Gates Foundation(BMGF) launch AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship).

About AIM-PRIME:
  • AIM-PRIME Program aims at promoting science-based, deep technology. For that, it will provide training and guidance over a period of 12 months.
  • Implementation by: Venture Center – a non-profit technology business incubator.
  • Eligibility: 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.
    • CEOs and Senior incubation managers of AIM Funded Atal Incubation Centers that are supporting deep tech entrepreneurs.
  • Benefits of the programme:
    • The candidates selected for the program will get access to in-depth learning resources 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.
About Deep Technology:
  • Deep techs are very high cutting-edge and disruptive technologies. These technologies base on scientific discoveries, engineering, mathematics, physics, and medicine.
  • Examples: A new medical device or technique fighting cancer, data analytics to help farmers grow more food, or a clean energy solution trying to lessen the human impact on climate change.

Source: PIB

 

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