AIM PRIME Playbook – A practical guide to science based entrepreneurship
About AIM Prime
In April 2021, Atal Innovation Mission (AIM), NITI Aayog, in collaboration with the Bill & Melinda Gates Foundation launched AIM-PRIME (Program for Researchers on Innovation, Market Readiness and Entrepreneurship). Implemented by the Venture Center, the PRIME programme was aimed at promoting science-based, deep technology ideas to market, through training and guidance over a period of 12 months.
The programme included several lectures and hands-on sessions on various topics related to the lab-to-market journey. These lectures provide diverse and at times contradictory advice on several aspects of the journey.
AIM-PRIME Playbook is synthesised based on the knowledge shared by these experts as well as additional content contributed by the Chief Editor. It aims to be a comprehensive resource for academic researchers, entrepreneurs and incubators involved in building science-based enterprises from lab to-market.
Foreword
Chintan Vaishnav
Mission Director, Atal Innovation Mission (AIM)
Atal Innovation Mission (AIM), NITI Aayog, set up in 2016, is Government of India’s flagship initiative launched with an aim to promote a culture of innovation and entrepreneurship in the country. Towards this end, AIM has taken a holistic approach to foster innovation and encourage technology development by engaging universities, research institutions, start-ups, and even individual innovators.
Science and technology are changing the way we live and the way we experience everything. They are changing at an exponential pace and at the same time are becoming affordable, accessible and available. India is a country of 1.3 billion people with a strong culture of scientific temperament inculcated in our educational institutions. While we have the advantages of a large demographic dividend and a fast-growing economy, we also face major challenges like being a large agrarian economy, pressures of urban migration and a large segment of the population below the poverty line.
We are in a unique position to leverage all the advantages of technology to spur innovation and entrepreneurship to a new level. We should develop mechanisms to translate our research into practical innovations that can solve the major challenges of our society. Traditionally, there is a big gap between lab and market and it is a long journey. Hence, we need a structured approach to enable this translation and make the results market ready.
The AIM-PRIME programme is our strategic initiative aimed at promoting science-based, deep technology ideas to the market through training and guidance over a period of 12 months. It brings together valuable knowledge from experts in India and abroad and the best practices to translate research to world class products and create impact.
This playbook has been created as part of the AIM-PRIME programme to capture this knowledge and to create a comprehensive resource for academic researchers, entrepreneurs and incubators involved in translating research from lab to market.
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In conversation with India’s policy makers
Dr Suman Bery
VC, NITI Aayog
One of the objectives of NITI Aayog is to create a knowledge, innovation and entrepreneurial support system through a collaborative community of national and international experts, practitioners and other partners.
Shri Amitabh Kant
Former CEO, NITI Aayog
India aims to be a $5 trillion economy by 2024-25. Nurturing innovation and entrepreneurship is an essential component of achieving this growth target. NITI Aayog has been instrumental in developing pro-innovation, light touch
Dr V K Saraswat
Member, Niti Aayog
Science is a tool for solving our society’s problems and has the power to transform civilisations. It can lead to India’s long term global competitiveness and sustained development. However, the goal of application of science and technology
Prof. Ajay Kumar Sood
Principal Scientific Advisor (PSA) to Government of India
The Office of Principal Scientific Advisor (PSA) was established in 1999 to provide pragmatic and objective advice to the Prime Minister and cabinet on matters related to science, technology and innovation with a focus on application of science and technology. We play a critical role in defining the research priorities of the country.
Dr Shekhar C Mande
Ex-Director General, Council of Scientific and Industrial Research
India has a rich history of science and technology. Our founding fathers have emphasised the importance of science and technology in solving the challenges of our nation. In fact, the importance of developing a scientific temperament has been codified in Article 51A of our constitution as a fundamental duty of every citizen.
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