ATAL Innovation Mission

28/12/2021 0 By indiafreenotes

The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country.

AlM’s objectives are to create and promote an ecosystem of innovation and entrepreneurship across the country at school, university, research institutions, MSME and industry levels.

Atal Innovation Mission (AIM) is Government of India’s flagship initiative to create and promote a culture of innovation and entrepreneurship across the length and breadth of our country. AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platforms and collaboration opportunities for different stakeholders, and create an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country.

Objectives of the Atal Innovation Mission

  • Provides a platform for and establishes collaboration opportunities for various stakeholders.
  • The focus is on innovation, and hence the policies and plans will be developed around that idea for the various sectors.
  • To act as an umbrella structure, encompassing and overseeing the entire innovation ecosystem of the country.

Atal Incubation Centres (AIC)

  • Promotes and encourages innovative startups to become more scalable, sustainable and more stable.
  • To set up world-class incubators in all the 110 smart cities as well as the top 5 educational institutes in each state so as to give rise to successful, sustainable startups in every state.
  • Incubators will be equipped with the necessary infrastructure, experts as mentors in their respective fields, ability to access seed capital etc.
  • Up to Rs. 10 crore will be available in the form of financial aid over a period of 5 years in order to cover the capital expenditure and operational expenses so as to establish the AIC.

Atal Tinkering Labs (ATL)

  • To promote creativity and innovation in the minds of school children.
  • Children as young as 12 years of age gain access to technological innovation.
  • The concepts of Science, Technology, Engineering and Maths are taught through various tools and equipment of the like.
  • ATL Community Day, School of the Month Challenge, ATL Festival, Tinkering and Innovation Marathon are some of the programmes under ATL.
  • Financial aid of Rs. 20 lakh is given to each school a. One time establishment cost of Rs. 10 lakh. b. The operation cost of Rs. 10 lakh over a period of five years.

Atal New India Challenge

  • To promote the design and development of innovation-driven products based on cutting edge technologies.
  • Areas of focus are specific areas of importance on a national basis; a. Energy storage b. Climate-smart precision agriculture c. Universal drinking water d. Railways e. Predictive Maintenance of Rolling Stock f. Smart mobility and Electric mobility g. Waste management recycling and reuse
  • Selected applicants of the Atal New India Challenge will be eligible for a grant of Rs. 1 crore, on a milestone basis.
  • For the Atal Grand Challenge, a grant of Rs. 30 crore is available.