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News: The Ministry of Skill Development and Entrepreneurship (MSDE) launched the Navachar Mantra initiative to strengthen grassroots entrepreneurship and expand opportunities for innovators across emerging India.
About Navachar Mantra Initiative
- It is a national initiative focused on strengthening grassroots entrepreneurship and expanding opportunities for innovators across emerging India.
- Nodal Ministry: Ministry of Skill Development and Entrepreneurship (MSDE)
- Implemented by: It is being implemented by the National Institute for Entrepreneurship and Small Business Development (NIESBUD), with Foundation for Innovation and Technology Transfer (FITT).
- IIT Delhi serving as the Technical Knowledge Partner.
- Aim: It aims at identifying, nurturing, and amplifying India’s most promising grassroots innovators and early-stage entrepreneurs.
- It also aims to strengthen India’s innovation ecosystem and contribute to the vision of a self-reliant, entrepreneurial, and innovation-driven Viksit Bharat by building a robust pipeline of grassroots innovators and connecting them with the country’s leading institutions and networks.
- It seeks to create pathways for innovators from Tier-2 and Tier-3 towns, aspirational districts, and underserved geographies to access mentorship, visibility, and growth opportunities.
- It is designed to provide a structured ecosystem of support for innovators working across priority sectors such as Agritech, HealthTech, EdTech and Skilling, Climate and Sustainability, Rural Commerce, and MSME Enablement.
- Features:
- Through Navachar Mantra, innovators will gain direct access to policymakers, industry leaders, investors, and domain experts, enabling them to refine their ideas, strengthen business models, and accelerate their journey from innovation to enterprise.
- Registrations are open for applications from innovators and entrepreneurs across the country through a dedicated digital platform.
- Selected innovators will be inducted into a year-long engagement programme.
- It will also facilitate opportunities for pilot projects, partnerships, and market linkages to help promising innovations translate into sustainable enterprises.
