What Is Atal Innovation Mission ?
Where there is entrepreneurship, there is innovation, and together, these two constitute a formidable force in shaping the economy of a country. It creates jobs, products, processes and fosters a sense of teamwork, creativity, vision and ambition. India boasts a massive force in terms of labor, and with this in mind, the Government of India brought forth an initiative called the Atal Innovation Mission, which aims to promote the culture of entrepreneurship and innovation across the country. It was set up by the National Institution for Transforming India, also called NITI Aayog.
Objectives of the Atal Innovation Mission
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The focus is on innovation, and hence the policies and plans will be developed around that idea for the various sectors.
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Provides a platform for and establishes collaboration opportunities for various stakeholders.
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To act as an umbrella structure, encompassing and overseeing the entire innovation ecosystem of the country.
Atal Research & Innovation for Small Enterprises (ARISE)
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To promote research and innovation and increase the competitiveness of Indian startups and small enterprises including Micro, Small and Medium Enterprises.
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Key objective – Provide a steady stream of innovative products of which the first potential buyers will be the Central Government Ministries/Departments.
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This programme is driven by ISRO (Indian Space Research Organization) and four ministries:- a. Ministry of Food Processing Industries b. Ministry of Housing and Urban Affairs c. Ministry of Health and Family Welfare d. Ministry of Defence.
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For startups to develop a minimum usable prototype, Rs. 50 lakh in the form of financial assistance/grant has been specifically earmarked and set aside.
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Instils collaboration with various ministries in order to catalyse research, innovation and find solutions to certain sector-related problems.
Ayoneeza Intellectual Property Rights Consultant providing expert advice and implementation on Atal Research & Innovation for Small Enterprises (ARISE). 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 ARISE schemes. Backed by a team of think tanks from different walks of life it has helped various companies in getting their own brands.