by The Atal Innovation Mission (AIM), under the National Institution for Transforming India (NITI Aayog), has laid out a framework for startup incubation centers. The framework aims to provide a standardized approach to the incubation of startups and to help them achieve their full potential.
The framework covers all aspects of startup incubation, from the selection of startups to the provision of resources and support. It also includes a set of performance indicators that will be used to assess the effectiveness of the incubation centers.
The framework is designed to be flexible and adaptable to the needs of different incubation centers. It is also expected to help to improve the quality of startup incubation in India and to support the growth of the startup ecosystem.
Here are some additional details about the story:
- The framework was developed in consultation with experts from the startup ecosystem.
- It is based on the best practices of incubation centers around the world.
- The framework will be implemented by the Atal Incubation Centers (AICs) that are supported by AIM.
Here are some quotes from AIM officials:
- “The framework will help to standardize the incubation process and to ensure that startups receive the best possible support,” said Chintan Vaishnav, mission director, AIM. “We are confident that this will help to accelerate the growth of the startup ecosystem in India.”
- “The framework is a valuable resource for incubation centers and startups alike,” said Vaishnav. “It provides a clear roadmap for the incubation process and it will help to ensure that startups are successful.”
Overall, the framework for startup incubation centers is a significant development for the Indian startup ecosystem. It is expected to help to improve the quality of startup incubation in India and to support the growth of the startup ecosystem.”
