The Government of India has established the Atal Innovation Mission (AIM), at NITI (National Institution for Transforming India) Aayog to promote a culture of innovation and entrepreneurship in the country. The objective is to provide a platform for promotion of world-class Innovation Hubs, Grand Innovation Challenges, Start-up businesses and other self-employment activities, particularly in technology driven areas.
The Atal Innovation Mission has two core functions:
- Entrepreneurship promotion, wherein innovators are supported and mentored to become successful entrepreneurs at Incubation Centres and Atal Tinkering Laboratories
- Innovation promotion, which provides a platform for innovative ideas to be generated and supported to develop innovative, technological solutions.
With a view to promote entrepreneurship and innovation in the country, NITI Aayog has taken up an initiative under Atal Innovation Mission (AIM), to establish Atal Incubation Centres. As a part of this initiative, NITI Aayog provides financial support to selected academic and non-academic institutes and organizations to set up the Atal Incubation Centre (AIC) to support and encourage start-ups in specific subjects / sectors and provides them with necessary infrastructure facilities and other value-added services.