ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 27th May. Click Here for more information.
Source: PIB
What is the News?
Atal Innovation Mission has concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors.
About AIM-iLEAP Initiative:
- AIM-iLEAP (Innovative Leadership for Entrepreneurial Agility and Profitability) initiative was organised by Atal Innovation Mission(AIM) in partnership with Startup Réseau and Visa.
- The objective of the initiative is to invite technology start-ups across a broad range of functions and have them present their solutions to the corporate leadership and innovation team for enabling market access and industry partnerships.
- On the other hand, individual and institutional investors participating in this program shall consider investing in the curated set of AIM supported start-ups.
About Atal innovation mission(AIM):
- AIM was set up by NITI Aayog in 2016 to promote a culture of innovation and entrepreneurship by creating institutions and programs that enhance innovation in schools, colleges, and entrepreneurs in general.