What is AIM-iLEAP an initiative?
It is an initiative for start-ups to provide them access to industry, markets and investors thereby enhancing the innovation ecosystem. It aims to attract participation from 80 – 100 corporates for a series of 12 thematic bootcamps and Virtual Demo Days, over the course of the program.
Key Points:
i.The program was initiated with four-day bootcamp for “FinTech” start-ups from 14th to 17th June, 2021. These startups were in the domain of payments, international money transfers, personal finance, consumer banking, insurance, neo bank etc.
- The bootcamp provided them an opportunity to understand more about the fintech ecosystem.
iii.After this, the start-ups showcased their solutions to various enterprises for market access and funding via the inaugural virtual Demo Day on June 30, 2021.
iv.The start-ups that were showcased includes FinOS, VillPay, Kutumba, Mudracircle, Earnhance (Mkix Pvt Ltd) , Yottol , Strafox Consulting India Pvt Ltd, and Finaara Technologies Pvt Ltd.
Contribution by Visa & Réseau:
- Visa corporation will back the entrepreneurship. The digital payments company will be extending their API’s and services to the start-ups. They will also provide the B2B and B2C start-ups their platform for digitized payments.
- Startup Réseau brings a strong global network of mentors, enterprise connections and investors that can be leveraged by these start-ups supported under Atal Incubation Centres.
Recent Related News:
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.
About Atal Innovation Mission (AIM):
It has been launched to promote a culture of innovation and entrepreneurship using digital tools under the aegis of NITI Aayog. It has access to over 2000+ tech start-ups pan-India through its member base of 65+ business incubators, 24 ACICs, 15 ARISE-ANIC and over 7200+ATLs.
Mission Director– Dr Chintan Vaishnav
Headquarters– New Delhi
