On July 30, 2020, NITI (National Institution for Transforming India) Aayog’s Atal Innovation Mission (AIM), has launched AIM iCREST – an Incubator Capabilities enhancement program for a Robust Ecosystem focused on creating high performing Startups in collaboration with Bill & Melinda Gates Foundation and Wadhwani Foundation, which will provide global expertise.
- This is a first of its kind initiative for advancing innovation at scale in India.
Key Points:
-Under the initiative, the AIM’s incubators will be provided requisite support to foster the incubation enterprise economy in order to enhance their performance.
-Also training will be provided to entrepreneurs, through technology driven processes and platforms.
What is AIM?
It is Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country. Its objective is to develop new programs for fostering innovation in different sectors and to create an umbrella structure to oversee innovation ecosystem of the country.
About Wadhwani Foundation:
President and Chief Executive Officer (CEO)– Ajay Kela
Chairman– Dr. Romesh Wadhwani
About NITI Aayog:
Establishment– 2015
Chief Executive Officer (CEO)– Amitabh Kant
Headquarters– New Delhi
