{"id":14352,"date":"2025-06-25T19:53:09","date_gmt":"2025-06-25T19:53:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/14352\/"},"modified":"2025-06-25T19:53:09","modified_gmt":"2025-06-25T19:53:09","slug":"govt-funded-incubation-centre-for-startups-inaugurated-at-iim-mumbai-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/14352\/","title":{"rendered":"Govt-funded incubation centre for startups inaugurated at IIM | Mumbai News"},"content":{"rendered":"

The Atal Incubation Centre \u2013 NITIE Incubation Foundation for Innovation and Entrepreneurship (AIC-NIFIE) was inaugurated at the Indian Institute of Management (IIM) Mumbai by Union Minister of State Jitendra Singh (independent charge) Science and Technology and Earth Sciences on Tuesday.<\/p>\n

Established under the Atal Innovation Mission, AIC\u2013NIFIE aims to be a transformative platform to nurture innovation and support early-stage startups. The AIC-NIFIE will provide support for incubation, mentorship, industry partnerships, and access to cutting-edge research and technology for students at IIM Mumbai<\/a> as well as outsiders with potential start-up ideas. While open to all, the incubation centre will give IIM Mumbai students and alumni priority, without compromising on merit-based selection.<\/p>\n

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Singh highlighted the importance of an integrated approach for such support.<\/p>\n

Story continues below this ad<\/p>\n

\u201cThere are myths about startups as a concept that it has to be by youngsters, especially those from the field of technology. Whereas anybody with a potential idea can work towards creating a startup.\u201d<\/p>\n

Emphasising the importance of academic institutions like IIM Mumbai in bridging policy, research, and enterprise, he said, \u201cInnovation is the backbone of a developed India. Centres like AIC\u2013NIFIE will be instrumental in translating India\u2019s demographic dividend into tangible economic growth.\u201d<\/p>\n

Formed under section 8 of the Companies Act, 2013, AIC\u2013NIFIE operates as a not-for-profit initiative, with funding support from NITI Aayog and the Government of India. Professor Manoj K Tiwari, director at IIM Mumbai, said, \u201cThrough the first advertisement inviting applications from potential startups, already ten are under the incubation centre. Applicants come from diverse backgrounds, including non-IIM Mumbai students. Soon a new advertisement will be issued to invite more applications.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Atal Incubation Centre \u2013 NITIE Incubation Foundation for Innovation and Entrepreneurship (AIC-NIFIE) was inaugurated at the Indian…\n","protected":false},"author":3,"featured_media":14353,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[14798,14780,14779,14785,64,14806,14791,607,14794,14783,14795,14799,14786,14781,14796,14801,14804,14805,14788,14784,14792,14789,14807,14803,14802,14793,14800,14787,14790,14782,14808,14797,67,132,68],"class_list":{"0":"post-14352","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-academic-startup-ecosystem","9":"tag-aic-nifie","10":"tag-atal-incubation-centre","11":"tag-atal-innovation-mission-startups","12":"tag-business","13":"tag-demographic-dividend-innovation","14":"tag-early-stage-startup-support","15":"tag-entrepreneurship","16":"tag-government-of-india-startup-initiative","17":"tag-government-funded-startup-hub","18":"tag-iim-mumbai-alumni-startups","19":"tag-iim-mumbai-director-manoj-tiwari","20":"tag-iim-mumbai-entrepreneurship","21":"tag-iim-mumbai-incubation-centre","22":"tag-inclusive-startup-incubation","23":"tag-incubator-for-diverse-entrepreneurs","24":"tag-incubator-for-non-iim-students","25":"tag-indian-startup-ecosystem-growth","26":"tag-innovation-centre-iim","27":"tag-jitendra-singh-iim-mumbai","28":"tag-niti-aayog-startup-funding","29":"tag-nitie-incubation-foundation","30":"tag-not-for-profit-startup-initiative","31":"tag-policy-and-enterprise-bridge","32":"tag-research-driven-startup-support","33":"tag-section-8-company-incubation","34":"tag-startup-application-call-iim","35":"tag-startup-incubation-india","36":"tag-startup-mentorship-india","37":"tag-startup-support-iim-mumbai","38":"tag-student-entrepreneurship-india","39":"tag-technology-and-innovation-india","40":"tag-united-states","41":"tag-unitedstates","42":"tag-us"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/14352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=14352"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/14352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/14353"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=14352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=14352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=14352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}