Agencies, New Delhi
The Atal Innovation Mission (AIM) of the NITI Aayog on Thursday announced to launch the Atal New India Challenges.
Applicants showing capability, intent, and potential to productise technologies will be awarded grants up to Rs 1 crore. This grant support will be supplemented by mentoring, handholding, incubating and other support as needed at various stages of commercialization, while generating wider deployment.
Partnering with the Ministries of Road Transport and Highways, Housing and Urban Affairs, Agriculture and Family Welfare, Drinking Water & Sanitation and the Railway Board, AIM will attempt to harness the potential of India’s innovators.
The programme is currently accepting applications at http://aim.gov.in/atal-new-india-challenge.php and the last date for applications is June 10, 2018.
Under the Challenge, which shall be run in collaboration with five ministries, AIM will invite prospective innovators, MSMEs, start ups to design market-ready products, using cutting edge technologies or prototypes across 17 identified focus areas.
The programme is open to Indian companies registered under the Companies Act 1956/2013. It is also open to Start-Ups, as defined by the Department of Industrial Policy and Promotion (DIPP), Government or private R&D organisations (other than a Railway R&D organisation), academic institutions, academicians, or even individual innovators are encouraged to apply, provided they partner with entities with appropriate manufacturing capabilities.