Call For Applications For AIC And AICC: NITI Aayog
Atal Innovation Mission (AIM), NITI Aayog launched Call for Applications for its two leading programs Atal Incubation Centre (AIC) and Atal Community Innovation Centre (ACIC).
- The call for applications is a step to expand the current ecosystem of incubators and to provide them with access to global benchmarks and best practices.
- Both the programs envision creating and supporting the innovative ecosystem in the country by establishing world-class institutions which shall help budding entrepreneurs of the country.
- These AICs and ACICs will play a pivotal role in enriching the start-up and entrepreneurship ecosystem of India and echo the anthem of Atmanirbhar Bharat.
- Atal Incubation Centre is an initiative of the AIM, NITI Aayog to foster innovation and entrepreneurial spirit while creating a supportive ecosystem for start-ups and entrepreneurs in India.
- Each AIC is supported with a grant of up to INR 10 crores over a period of 5 years.
- Since 2016, AIM has established 68 Atal Incubation Centres across 18 states and 3 UTs which have supported more than 2700 startups.
Atal Community Innovation Centre:
- ACIC is envisaged to serve the unserved/underserved areas of the country with respect to the start-up and innovation ecosystem
- Each ACIC is supported with a grant of up to INR 2.5 crores over a period of 5 years.
- AIM has established 14 Atal Community Innovation Centres across the country.