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Post at: Jul 30 2022

AIM-PRIME Playbook

Why in News ?

  • In May 2022, the AIM-Prime (Program for Researchers in Innovation, Market Readiness and Entrepreneurship) play book was launched by NITI Aayog.
  • The play book was aimed at promoting early stage science - based, deep technology ideas to market through training and guidance over a period of 12 month using a blended learning curriculum.

About Atal Innovation Mission (AIM)

  • AIM is the Government of India's flagship initiative to promote a culture of innovation and entrepreneurship in the country.

Objective AIM

  • To develop new programmes and policies
  • To create awareness and an umbrella structure to oversee the innovation ecosystem of the country.
  • AIM's objective is to develop new programmes and policies for fostering innovation in difference sectors of the economy, provide platforms and collaboration opportunities for different stakeholders.

What is AIM - PRIME

  • Launched by
    • Atal Innovation Mission (AIM), NITI Aayog.
    • AIM has joined hand with Bill & Melinda Gates Foundation
    • The nationwide program will be implemented by Venture Centre - nonprofit technology business incubator
  • Target Audience
    • Technology developers and Incubation managers.
  • Focus Areas
    • Science - based knowledge - intensive deep technology entrepreneurship
  • Duration
    • Paced and staged over a duration of 9 month.

Beneficiaries

  • Technology developers (early stage deep tech start - ups and scientists / engineers / clinicians) with strong science based deep tech business ideas.

Significance

  • Developing products in sectors like healthcare need deep technical knowledge and new inventions and thus there is a need to nurture science based deep tech startups.
  • To convert publicly funded R&D capabilities into products and services in the market, the AIM PRIME programe is serving a very important purpose.
  • They will also have access to a deep tech start-up play book, curated video library and plenty of peer to peer learning opportunities.

 


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