Programme

Atal Incubation Centres (AIC) scheme

A programme by Atal Innovation Mission (AIM), NITI Aayog

AIM funds universities, institutes and companies to run incubators; founders apply to the individual centre, not to AIM.

At a glance

Best forInstitutions that want to host an incubator; founders reach the scheme through a centre's own intake

About Atal Incubation Centres (AIC) scheme

Atal Incubation Centres are incubators that AIM supports with grants-in-aid at universities, institutions and corporates. The scheme is for the organisations that host a centre. A founder who wants to be incubated applies to a centre, and each centre runs its own call.

What the scheme provides to a centre

  • Grants-in-aid to set up the centre for a period of five years
  • Seed support that a centre can pass to its incubated startups, with a cap per startup, in the form of grants, and the guidelines also mention debt or equity

Who can apply to AIM to host a centre

  • Higher educational institutions, R&D institutes, companies, alternative investment funds registered with SEBI and business accelerators
  • At least three years of existence at the time of application
  • Non-government applicants that made a loss in any of the previous three years are not considered

How to apply: As a host, apply online to AIM during a call. AIM's homepage currently says the AIC application portal is not open. As a founder, find a centre in AIM's register and follow that centre's own call.

Where to apply

Other Atal Innovation Mission (AIM), NITI Aayog programmes

Everything about Atal Innovation Mission (AIM), NITI Aayog