AIC-Pinnacle startup incubation

Atal Incubation Centre (AIC)Pinnacle Entrepreneurship Forum, supported by Atal Innovation Mission, NITI Aayog, Ministry of MSME, and Ministry of Electronics and IT, Govt. of India, announced plans to incubate 40 new, passionate, and innovative startups from tier2 and tier3 cities. The objective is to address the ground-level societal issues of the country where 70 per cent of India resides. Over the next three years, the incubator hopes to provide an aid of Rs.50 million across segments of automotive, EV, agritech, IT/IoT/AI, clean energy, health tech, social innovation, and other emerging areas. Dr Sudhir Mehta, Founder, AIC-Pinnacle Entrepreneurship Forum, and Chairman of Pinnacle Industries &

EKA in a company release stated, “We’ve already been incubating 60 plus startups and we look forward to on boarding 40 new potential startups, whom we will support under various governmentsupported schemes such as Atal Incubation Mission – AIC, MeitY, TIDE 2.0, MSME Innovative, SISFS, etc. to establish a solution-driven economy.”