Atal Innovation Mission's New Launch (ARISE - ANIC)

by Ananya Sahu
Posted on Wed, 23 September, 2020, 05:02 PM IST


Picture of Publication

On 9th September 2020 Atal Innovation Mission (AIM), NITI Aayog, set in motion one of its most dynamic and awaited Initiative, the Aatmanirbhar Bharat ARISE-ANIC, to encourage research and development in Indian MSMEs and Start-ups. The initiative is in collaboration with ISRO and four other ministries.

Bearing in mind that MSMEs are the growth engine of the country and believe in its potential, the program attempts to identify and promote innovations in this sector. The program intends to support research-based innovations by funding them for the development of technological solutions or products. At the virtual launch of the initiative, Minister of Micro, Small and Medium Enterprises, Nitin Gadkari said, “Science should help solve socio-economic problems and scientific research should be extended from the labs to the land.” Having said that the initiative would promote technopreneurs who have the extraordinary potential to level up the future of science and technology and the future of India.

Eligibility criteria and incentives provided:

The program encourages MSMEs and Start-ups or in case of an individual applicant, the primary condition is the applicant shall be registered under Startup India and MSME sector. The grant in aid of up to 50 lakhs will be provided in tranches over a period of nine to twelve months for developing a minimum usable prototype or a field-deployable prototype. Not only the initiative aims at providing funds but also the award-winning products will be supported by various incubations centers and if the product is successfully completed the product will be procured as the first choice by the ministries who need such products to be deployed across the country. It is a noble attempt taken by the think tank of India and AIM to build a constructive and dynamic environment for a startup to grow in.

ARISE-ANIC Challenge statement:

As discussed, the different challenge statements released by the concerned government wing is deliberated hereinbelow classified by ministries and departments.

Indian Space Research Organisation (ISRO)

Ministry Of Defence

Ministry Of Food Processing Industry

Ministry Of Health and Family Welfare

Ministry of Housing and Urban Affairs

To participate in ARISE-ANIC Programme click here. In case of assistance with the registration process, contact Caim Consulting.

 

 

We at Caim Consulting are always glad to serve you with meaningful and relevant information on your business!

“We assist and you thrive”