Atal Innovation Mission (AIM) at NITI Aayog is mandated to promote a culture of innovation and entrepreneurship in India. AIM has selected a number of institutions for supporting them in establishment of Atal Incubation Centres (AICs) programme. CBIT has also been selected from Telangana by AIM and already received approval for the establishment of Atal Community Innovation Centre (ACIC) at our Campus. ACIC-CBIT Reserach and Enterpreneurship Foundation has been registered by CBIT as a Special Purpose Vehicle (SPV) under the comapanies Act.The ACIC will provide requisite infrastructure for innovation in the unserved / underserved regions or having potential to build innovation ecosystems in various parts of the sate and the country, thus, nurturing entrepreneurs from the community to help them address various societal challenges. The objective of the ACIC program is to offer unique and incentivized solutions, which will encourage students, researchers or any individual/group of individuals to ideate and design novel innovative solutions for the communities in and around the Atal Community Innovation Centers.
SPV ACIC-CBIT has successfully completed filing of INC 20 A declaring the commencement of Business operation. The other activities including the appointment of officials for managing the operation of the SPV are under progress. In the meantime, I have advised my CBIT officials to initiate all the activities so that we don’t loose time for conducting the events and other activities. During the first year of Operation, It is planned to conduct, outreach Events to promote their involvement in entrepreneurship and innovation, Ideations addressing local issues, capacity building program, IP Awareness program, induction of Start-ups and innovators. Specific number of women / economically weaker section led start-ups to be supported are also kept as priority. Already we have registered a number of mentors and their engagements will start shortly after the Idea incubation and start-up incubation activity. The ACIC-CBIT team is registering the start-ups in the incubation center with whom the technical interactions already under progress for idea Incubation.
ACIC-CBIT at CBIT will align their activities to engage large number of students, faculties in various innovation and entrepreneurship related activities such as ideation, Problem solving, Proof of Concept development, Design Thinking, IPR etc. related to developments useful for the society. The ACIC-CBIT will also connect with the alumni at various platforms to accelerate the implementation of the activities under ACIC-CBIT.
Some of the Important areas for ACIC-CBIT will be Agritech and Food Technology, Health Tech products, Life sciences and Well Being products and services, Water, Sanitation & Solid waste management, Environment and pollution control technology, Artificial Intelligence, Robotics and Automation, Application of Drone Technology, Electric Mobility, and many more areas. The ACIC-CBIT is going to encourage the innovative workforce of innovation to develop the ability to conceive, to create, to innovate, and implement solutions to benefit the society.