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NITI Aayog to open applications for Atal Innovation Mission for MSMEs, startups and inventors in India

Inventors and designers in India may have a
likelihood to win upto Rs 1 crore in the event that they win the Atal Innovation Mission (AIM) problem. The Atal New India Challenge is a part of NITI Aayog, and is not going to solely supply cash, however present mentorship for the profitable concepts.

Participants have been invited to current their design-ready merchandise, that might be assessed on three verticals – functionality, intent and potential to productise applied sciences. The potential innovators may have the choice of making use of their product to any of the 17 recognized focus areas that embody sensible mobility, predictive upkeep of rolling inventory and waste administration.

Once an concept has been shortlisted for AIM, the particular person accountable might be supplemented with mentorship and incubation services as per the necessities of the venture. The finish objective is to guarantee wider deployment for the product.

The mission is being carried out in cooperation with 5 different ministries, together with Ministry of Agriculture and Farmers Welfare in addition to the Ministry of Housing and Urban Affairs. Some of the folks on the occasion might be SS Ahluwalia, Minister of State and Rajiv Kumar, Vice-Chairman of NITI Aayog.

This appears to be a step ahead in an try to flip India from an
imitating nation into an innovating nation.

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About Alfred Jackson

Alfred R. Jackson writes for Technology section in AmericaRichest.

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