Current Affairs PDF

‘AIM-PRIME’ Launched to support Science-based Deep-tech Startups & Ventures

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Atal Innovation Mission launches 'AIM-PRIME'On March 31, 2021, Atal Innovation Mission (AIM), NITI Aayog launched an initiative called AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship) for promoting & supporting science-based deep-tech startups & ventures across India.

  • Under the initiative, Technology Developers & Incubation managers will be provided Training & Guidance on Deep Technology Entrepreneurship over a period of 12 months.
  • Bill & Melinda Gates Foundation (BMGF) will act as the supporting agency for the initiative, while ‘Venture Center’, a non-profit technology business incubator will be responsible for the implementation of the program.
  • The program aims to support startups/incubators by providing training & guidance to them for commercializing their deep-tech ideas.

Categories under AIM-PRIME

Under the initiative, Training & Guidance will be provided to candidates across 3 categories

  • Startup Leadership Team (Open to Technology developers and translators from early-stage deep tech startups)
  • Faculty Entrepreneurs (Open to Applied researchers from academic and R&D Labs with technology commercialization/entrepreneurship plans)
  • Incubation Managers (Open to CEOs/ Senior Managers of AIM funded Atal Incubation Centres)

The applicants of the program must be Startups or Incubators.

Key points

  • Candidates selected for the program will get access to in-depth learning through classroom sessions, Live Projects, Mentoring, Deeptech Startup Playbook & project-specific monitoring.
  • The program is catalyzed by the office of Principal Scientific Advisor to the Government of India & the Pune Knowledge Cluster (PKC).

Deep Technology

  • It refers to those startups whose business model is based on high tech innovation in engineering, or significant scientific advances.
  • At present, several Deep tech fields like Artificial Intelligence, blockchain, biotechnology, robotics, drones & quantum computing are moving from early research to market applications.

Recent Related News:

i.On November 7, 2020, NITIAayog’s Atal Innovation Mission (AIM) and Sirius, Russia launched 14 days long (from 7–21 November 2020) virtual programme named “AIM–Sirius Innovation Programme 3.0” for Indian and Russian school children.

About Atal Innovation Mission (AIM):

Mission Director – Ramanan Ramanathan
Headquarters – New Delhi