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AIM-PRIME Programme

Posted on May 12, 2022 by admin1  67

In News

  • Recently, the Government has launched AIM-PRIME Playbook to help academics launch deep-tech spin-offs.

AIM- PRIME (Program for Researchers in Innovation, Market Readiness and Entrepreneurship)

  • Launched by: 
    • Atal Innovation Mission (AIM), NITI Aayog
    • AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) 
    • The nationwide program will be implemented by Venture Center – a non-profit technology business incubator.
  • Aim: Promoting early-stage science-based, deep technology ideas to market through training and guidance over a period of 12 months using a blended learning curriculum.
  • Target Audience: Technology developers and incubations managers
  • Focus Areas: Science-based, knowledge-intensive, deep technology entrepreneurship.
  • Duration: Paced and staged over a duration of 9 months
  • Program benefits: 
    • the PRIME Playbook, 
    • a guide for science-based entrepreneurs and ventures, 
    • the PRIME Library, 
    • a curated resource shared by the faculty and expert mentors associated with the program, and 
    • the PRIME Videos, an open-access video collection of the lectures delivered as part of the PRIME Classroom. 
  • Significance:
    • Developing products in sectors like healthcare need deep technical knowledge and new inventions, and thus there is a need to nurture science-based deep tech startups. 
    • Programs like AIM PRIME can nurture vehicles that can attract capital into high risk-reward pursuits.
    • To convert publicly funded R&D capabilities into products and services in the market, the AIM PRIME program is serving a very important purpose. 

Source: PIB

 
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