A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) was launched to set up incubation centres and network of technology centres to accelerate entrepreneurship and to promote startups for innovation in agro-industry. This scheme helps and encourages the entrepreneurs and startups in the agro-industry by providing incubation facilities to their business, funds and making available a network of technology. The components of ASPIRE are Livelihood Business Incubators, Technology Business Incubators, and a fund to be managed by Small Industries Development Bank of India (SIDBI).
The funds under this scheme are managed by SIDBI, Coir, Khadi industries, etc. as the projects undertaken in this scheme are prominent means of livelihood for millions of people in India. Livelihood Business Incubators creates employment at the local level and aims to reduce unemployment. Technology Business Incubators concentrate on increasing centres which helps to build technology networks. SIDBI plays an important role in managing this scheme as a whole and provides support to other components of this scheme which in turn helps to generate income to the people by increasing employment opportunities.
Ayoneeza Intellectual Property Rights Consultant providing expert advice and implementation on ASPIRE Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship. Since its inception, the company has made a distinct mark for itself with its quality of service. It has helped many top-notch companies in settling or providing govt schemes. Backed by a team of think tanks from different walks of life it has helped various companies in getting their own brands.
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