Launch of AIM-PRIME

  • IASbaba
  • April 1, 2021
  • 0
UPSC Articles

Launch of AIM-PRIME

Part of: GS Prelims and GS – III – Innovation; Entrepreneurship 

In news

  • Atal Innovation Mission (AIM), NITI Aayog launched AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship). 
  • It is an initiative to promote and support science-based deep-tech start-ups & ventures across India.

Key takeaways 

  • In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program. 
  • It will be implemented by Venture Center – a non-profit technology business incubator.
  • The first cohort of the program is open to technology developers with strong science-based deep tech business ideas.
  • It is also open to CEOs and Senior incubation managers of AIM Funded Atal Incubation Centers that are supporting deep tech entrepreneurs. 

Do you know? 

  • Deep technology is an outcome of very intense research and development (R&D) with high knowledge content.
  • The benefits of this program are aimed at addressing specific issues through training and guidance over a period of 12 months.

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