Background : AIM intends to establish ‘new’ incubation centres (Atal Incubation Centres) across India by providing them with financial support. AICs would further support and encourage start-ups to become successful enterprises. They would provide necessary and adequate infrastructure along with high quality assistance or services to start-ups in their early stages of growth.
AICs would be established in subject specific areas such as manufacturing, transport, energy, health, education, agriculture, water and sanitation etc. Each AIC would be required to choose at least one area for specialisation.
Eligibility : AICs can be established either in public/private/public-private partnership mode. These can be established in:
- Academia – This includes higher educational institutes and R&D Institutions.
- Non-academic – This includes Companies/ Corporates/ Technology parks / Industrial Parks/ any individual/ group of individuals.
Financial Support : AIM will provide a grant-in-aid of Rs. 10 Crore to each AIC for a maximum of 5 years to cover the capital and operational expenditure cost in running the centre. The applicant would have to provide a built up space of at least 10,000 sq. ft to qualify for the financial support.
For more information refer to the guidelines attached below.
Last date of submission: 20 July 2016
