ATAL INCUBATION CENTERS (AIC)
- ARE
- Jan 27, 2020
- 2 min read
Headed by Atal Innovation Mission, AIC aims to promote innovation and entrepreneurship in India. Approved startups can get funding up to INR10C for a maximum period of 5 years, to cover capital and operational expenses.
Industries Applicable: AI, AR/VR, Automobiles, Telecom, Healthcare, Aeronautics, Aviation, Chemicals, Nano-Tech, Pets, Animals, IT, Computers, Design, Non-Renewable Energy, Social Impact, Food and more
Application for Atal Incubation Centers
Background
AIM intends to support the establishment of new incubation centers called Atal Incubation Centers (AICs) that would nurture innovative start-up businesses in their pursuit to become scalable and sustainable enterprises. The AICs would create world class incubation facilities across various parts of India with suitable physical infrastructure in terms of capital equipment and operating facilities, coupled with the availability of sectoral experts for mentoring the start-ups, business planning support, access to seed capital, industry partners, trainings and other relevant components required for encouraging innovative start-ups. Moreover, AICs would be established in subject specific areas such as manufacturing, transport, energy, health, education, agriculture, water and sanitation etc.
Eligibility
Entities such as such as higher educational institutions, R&D institutes, corporate sector, alternative investment funds registered with SEBI, business accelerators, group of individuals, and individuals are eligible to apply.
Financial Support
AIM will provide a grant-in-aid of upto Rs. 10 crore for a maximum period of 5 years to cover the capital and operational expenditures to establish the AIC.
Requirements
The applicant would have to provide at least 10,000 sq. ft. of ready-to-use, built-up space, for the exclusive use of the AIC.
Submissions Closed
ARE provides support and consultancy related to publicity, advertisements, publications, promotional programs for mass awareness and fundraising, execution of planning and programs for social practice, monitoring, evaluation and management.
Presently ARE has been concentrated into some State cum Central innovative schemes like DSIR, DST, SEED, CRS (Community Radio Station) etc.
Note: If you satisfied or interested in our services, please be in touch with us through the following...
Opmerkingen