Context

• Recently, the Atal Innovation Mission (AIM) has launched an incubator capabilities enhancement program ‘AIM-iCREST’.

About AIM-iCREST:

• AIM-iCREST is an Incubator Capabilities Enhancement program for a Robust Ecosystem focused on creating high performing Startups.
• It has been designed to act as agrowth support for AIM’s Atal and Established Incubators across the country.
  • For the same, AIM has joined hands with Bill & Melinda Gates Foundation and Wadhwani Foundation – organizations that can lend credible support and expertise in the entrepreneurship and innovation space.
• The AIM’s incubators are set to be upscaled and provided requisite support to foster the incubation enterprise economy, that will help them to significantly enhance their performance.
  • This will be complemented by providing training to entrepreneurs,through technology driven processes and platforms.
  • The focus will be on supporting start-up entrepreneurs in knowledge creation and dissemination as well as in developing robust and active networks.

Back to Basics

AIM

• Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote a culture of innovation and entrepreneurship in the country.
• Its objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platform and collaboration opportunities for different stakeholders, create awareness and create an umbrella structure to oversee the innovation ecosystem of the country.

Source:PIB