Speed Post News Network

New Delhi : In a major push towards deep technology and driving the country to become a digitally transformed nation, Atal Innovation Mission (AIM), NITI Aayog, on March 31, 2021, launched AIM-PRIME (Programme for Researchers on Innovations, Market-Readiness & Entrepreneurship), an initiative to promote and support science-based deep-tech startups and ventures across India. In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program which will be implemented by Venture Center,  a non-profit technology business incubator.

The first cohort of the programme is open to technology developers (early-stage deep tech start-ups, and scientists/ engineers/ clinicians) with strong science-based deep tech business ideas. It is also open to CEOs and Senior incubation managers of AIM Funded Atal Incubation Centers that are supporting deep tech entrepreneurs.

Deep technology is an outcome of very intense research and development (R&D) with high knowledge content. Consequently, the entrepreneurial journey emphasises different aspects and requires a different approach to navigating the de-risking process and bringing such ideas to market. The benefits of this programme are aimed at addressing specific issues through training and guidance over a period of 12 months. Candidates selected for it will get access to in-depth learning via a comprehensive lecture series, live team projects, exercises, and project-specific mentoring.

They will also have access to a deep tech startup playbook, curated video library, and plenty of peer-to-peer learning opportunities. The AIM-PRIME programme is specifically tailored for the rapid scaling up of deep-tech science ventures in India providing not just the necessary intellect and support but also the exposure they  deserve.

The announcement was made as a part of the virtual programme attended by officials of AIM, NITI Aayog, BMGF, Venture Centre, Incubators, startups and mentor amongst other beneficiaries. As a part of the launch webinar, Dr Ashley Stevens – President, Focus IP Group, and Past President, AUTM, was invited to talk on global experience on building vibrant high-tech clusters, innovation ecosystems, and local technology commercialisation capabilities, according to a PIB release.

Speaking during the virtual launch of the programme, AIM Mission Director R Ramanan said, “AIM has been at the forefront of promoting innovation and entrepreneurship throughout the nation under its various programmes. Through the AIM-PRIME programme,  in partnership with Bill and Melinda Gates Foundation and Venture Center, we plan to enable translation of science-based deep tech research to innovation that enables market ready entrepreneurship drawing from national and global best practices.”

Anjani Bansal, Deputy Director, Global Development at BMGF, said, “We are thrilled to partner with AIM and Venture Center to advance deep tech startup ecosystem in India.” Director of Venture Center Dr Premnath said, “The hallmark of the AIM-PRIME programme shall be hands-on practical insights and mentoring from experts and mentors who have been nurturing science-based deep-tech startups in global innovation hotspots as well as in India.”

The program is catalysed by the office of the Principal Scientific Advisor and the Pune Knowledge Cluster. Details on the AIM-PRIME programme are available at aim.gov.in or www.primeprogram.in