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The Scheme Register / AICs

Atal Innovation Mission (AIM), NITI Aayog

Atal Incubation Centres (AICs)

IncubationIdeation · Prototype / PoC · Seed / Early stageStartup-relevant
Support type
Incubation
Best suited for
Incubation
How much
Up to ₹10 crore per incubator, subject to guidelines

What is this scheme?

Academic and non-academic institutions can apply to AIM to set up Atal Incubation Centres (AICs) that provide infrastructure and access to sectoral expertise to innovative startups.

Objectives

Atal Incubation Centres (AICs) aim to promote and establish world-class, sector-specific incubation centres. The AICs provide physical infrastructure, access to sectoral experts for mentoring, business planning support, access to seed capital, industry partners, and capacity building, among others to encourage innovative startups.

Who can apply (eligibility)

  • Academic institutions such as higher educational institutes, R&D institutes, etc.
  • Non-academic institutions such as corporate sector enterprises, alternative investment funds registered with Securities and Exchange Board of India (SEBI),
  • Business accelerators, groups of individuals, and individuals, etc. are eligible to apply

What do you get?

  • Successful applicants would be provided grants-in-aid to set up the AIC for a period of 5 years to cover the capital and operational expenditures.
  • Up to ₹5 crore (in case no lab facilities are established) and Up to ₹10 crore (in case of sector-specific lab facilities are established)
  • In the case of government applicants, no matching contribution is applicable.
  • In the case of non-government applicants, matching grants-in-aid shall be applicable in the range of 25% to 100%, based on the nature of the applicant.

How to apply

Interested applicants may visit https://aim.gov.in/aic-overview.php to know more.