Question
Consider the following statements regarding Atal
Incubation Centre (AIC): I. It is an initiative of the Atal Innovation Mission (AIM), NITI Aayog. II. It is aimed at creating a supportive ecosystem for start-ups and entrepreneurs in India. III. Each AIC is supported with a grant of up to INR 10 crores over a period of 5 years. Which of the above statements is/are correct?Solution
Atal Incubation Centre (AIC) is an initiative of the Atal Innovation Mission (AIM), NITI Aayog to foster innovation and entrepreneurial spirit while creating a supportive ecosystem for start-ups and entrepreneurs in India. Each AIC is supported with a grant of up to INR 10 crores over a period of 5 years. Since 2016, AIM has established 68 Atal Incubation Centres across 18 states and 3 UTs which have supported more than 2700 startups.
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