ISRO to Spur Applied Research and Innovation in Indian MSMEs and Startups

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Aatmanirbhar Bharat ARISE (ANIC Initiative) has been launched under the Atal Innovation Mission. Funding support of up to Rs 50 lakh for speedy development of the proposed technology solution and/or product outlined

Atal Innovation Mission (AIM), NITI Aayog, today launched one of its most awaited programmes,the Aatmanirbhar Bharat ARISE-Atal New India Challenges, to spur applied research and innovation in Indian MSMEs and startups.

“MSMEs are the growth engine of the country and there are a lot of expectations from them. I am sure this initiative will help identify and promote innovations necessary for boosting this sector. Science should help solve socio-economic problems and scientific research should be extended from the labs to the land,” said Nitin Gadkari, Minister of Micro, Small and Medium Enterprises.

Rs 50 lakh for proposed technology solution and/or product

The Aatmanirbhar Bharat ARISE–ANIC program will support deserving applied research–based innovations by providing funding support of up to Rs 50 lakh for speedy development of the proposed technology solution and/or product. ISRO will adopt 100 Atal Tinkering Labs from Atal Innovation Mission.

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The program will be driven by Indian Space Research Organization (ISRO), four ministries—Ministry of Defence; Ministry of Food Processing Industries; Ministry of Health and Family Welfare; and Ministry of Housing and Urban Affairs—and associated industries to facilitate innovative solutions to sectoral problems.

“Other than ISRO, which is a great promoter of technology, Indian departments and big companies never encourage and promote new startups that have done unique work. For ARISE-ANIC’s success, the government must become the first buyer. I am sure AIM will be able to break new grounds with these challenges, which will lead to the creation of new Indian products,” added NITI Aayog CEO Amitabh Kant.

NITI Aayog’s vice Chairman Dr Rajiv Kumar said that the initiative will help promote technopreneurs who deserve to be supported because of their immense potential of taking India forward.

“This is a historical day as crucial personalities from the science and technology sector have collaborated with us for boosting the MSME sector,” noted Kumar.

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