Demo Days Initiative by Atal Innovation Mission for supporting Startups

Demo Days Initiative by Atal Innovation Mission for supporting Startups

Atal Innovation Mission, (AIM), the flagship initiative of National Institution for Transforming India (NITI) Aayog has concluded a series of virtual COVID-19 Demo-Days, that was started for the identification of potential start-ups concerning Covid-19 innovations.

Key Points:

• Under the initiative, the NITI Aayog will help the start-ups to deploy their solutions further and scale-up at the national level.
• The initiative was launched by AIM in collaboration with the Department of Science and Technology (DST); Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT); AGNIi, Startup India and other Ministries under the guidance of Principal Scientific Adviser, Dr Vijay Raghavan, and NITI Aayog Health member, Dr Vinod Paul.
• Under the initiative, the government shortlisted 70 start-ups from a diverse set of categories that included preventive, curative, and assistive solutions.
• The selected start-ups will receive the support of GoI in the form of funding, supply chain and logistics, access to manufacturing abilities, and finding the right vendors.
• The initiative has also helped start-ups establish over 340 connections that involve over 50 start-ups and various investors and organisations.
• The organizers also helped the start-ups by recommending crucial additions to the pitches, advised them on different approvals, and requirements of testing.