In a major initiative to encourage and enable holistic progress in the incubator ecosystem across the country, NITI Aayog’s Atal Innovation Mission (AIM), has launched AIM iCREST – an Incubator Capabilities enhancement program for a Robust Ecosystem focused on creating high performing Startups. This is a first of its kind initiative for advancing innovation at scale in India.
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. These partnerships will provide global expertise and showcase proven best practices to the AIM’s incubator network.
AIM iCREST, as the name suggests, has been designed to enable the incubation ecosystem and act as a growth hack for AIM’s Atal and Established incubators across the country. Under the initiative, 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 program aims at going beyond incubator capacity building. Given the current pandemic crisis, the effort will focus on supporting start-up entrepreneurs in knowledge creation and dissemination as well as in developing robust and active networks.