ASEAN India Grassroots Innovation Forum (AIGIF)

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Source: The post is based on the article4th edition of ASEAN India Grassroots Innovation Forum (AIGIF) launchedpublished in “PIB” on 28th November 2023

Why in the News?

The 4th edition of the ASEAN India Grassroots Innovation Forum (AIGIF) was held in Langkawi, Malaysia.

What is the ASEAN India Grassroots Innovation Forum (AIGIF)?

SpecificationsDetails
What is itIt is an annual forum organized to strengthen partnership between India and ASEAN Member States (AMS) in the area of Science, Technology and Innovation (STI). 
Objectives1) To give exposure to social innovations in different countries.
2) To strengthen governance in the grassroots innovation ecosystem.
Organized by1) ASEAN Committee on Science, Technology, and Innovation (COSTI)
2) Department of Science & Technology (DST), Government of India
3) National Innovation Foundation (NIF) – India and
4) Science and Technology Ministry of the host nation (Malaysia’s Ministry of Science, Technology and Innovation (MOSTI) this year)
Previous editions1st edition: Jakarta, Indonesia (2018)
2nd edition: Davao, Philippines (2019)
3rd edition: Phnom Penh, Cambodia (2022) 
Host Country of 4th editionMalaysia

What is ASEAN (Association of Southeast Asian Nations)?

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What is the National Innovation Foundation (NIF)?

SpecificationsDetails
What is itAn autonomous body of the Department of Science and Technology
Setup in 2000
PurposeHelp India become a creative and knowledge-based society by expanding policy and institutional space for grassroots technological innovators.
Located inGandhinagar, Gujarat
Important Initiatives1) Festival of Innovation and Entrepreneurship (FINE): It is organized by the President’s Secretariat in association with the Department of Science and Technology (DST) and NIF. It aims to recognise and reward innovations.
2) Micro Venture Innovation Fund (MVIF): It was setup by NIF with the support of SIDBI. It provides financial support to grassroots innovators.

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