NITI Aayog to open applications for Atal New India Challenge
What is the issue ?
- The Atal Innovation Mission (AIM) under the NITI Aayog shall be launching the Atal New India Challenge in April 2018.
About Atal New India Challenge :
Under the Atal New India 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.
Technologies across 17 identified focus areas such as Climate Smart Agriculture, Smart Mobility, Predictive Maintenance of Rolling Stock, Waste Management etc shall be up for consideration.
Applicants showing capability, intent and potential to productize technologies will be awarded grants up to Rs. One crore.
This grant will be further supplemented by mentoring, handholding, incubating and other support as needed at various stages of commercialisation, while generating wider deployment for the product.
Atal Innovation Mission :
- Launched by the NITI Ayog as an innovation promotion platform involving academics, entrepreneurs, and researchers utilizing national and international experience to promote the culture of innovation, R and D in India particularly in technology oriented areas.
- The AIM along with Self-Employment and Talent Utilization (SETU) are Government of India’s the leading ventures to promote a culture of innovation and entrepreneurship.
The Atal Innovation Mission has two core functions:
- Entrepreneurship promotion through Self-Employment and Talent Utilization, wherein innovators would be supported and mentored to become successful entrepreneurs.
- Innovation promotion: to provide a platform where innovative ideas are generated
To realize these two core objectives, AIM has different sub-components. Atal Incubation Centers, Atal Tinkering Laboratories, Atal Grand Challenge Awards and Scale up Support to Established Incubation Centers.
Atal Incubation Centers
- Are aimed at the creation and promotion of incubation centers across the country.
- AICs will promote startups in various sectors like manufacturing, transport, energy, health, education, agriculture, water, sanitation, etc., and would provide them with necessary infrastructural facilities and other value-added services.
- AIM gives a grant-in-aid of Rs 10 crore to each AIC for a maximum of five years to cover capital and operational expenditure cost.
- An incubation centre should be a legal entity to be registered in India as public, private or public-private partnership and must be in operation for a minimum of three years.
- The Scale-up Support to Established Incubation Centers’ aims to augment capacity of the established incubation centers in the country.
Atal Tinkering Labs :
- Atal Tinkering Labs are dedicated works spaces where students (Class 6th to Class 12th) learn innovation skills and develop ideas that will go on to transform India.
- The labs are powered to acquaint students with state-of-the-art equipment such as 3D printers, robotics and electronics development tools, IoT and sensors etc.
- The lab activities are designed to spur the spark of creativity, and go beyond regular curriculum and text book learning.
- The labs will let students explore skills of future such as design and computational thinking, adaptive learning and artificial intelligence.