Introduction

AIC-Aartech is one of the first corporate Atal Incubation Centres being established under the Atal Innovation Mission (AIM), a flagship initiative of NITI AAYOG, Government of India. 

Backed by the host institution, M/s Aartech Solonics Limited (www.aartechsolonics.com) – a 30+ year old enterprise working in the field of selected and specialized energy applications – it has been incorporated as a Special Purpose Vehicle (SPV) M/s AIC – Aartech Solonics Pvt. Limited, as its 100% owned subsidiary and a for-profit enterprise under the Companies Act 2013. 

A Grant-in-Aid of Rs 638.47 Lacs has been committed by NITI AAYOG over a period of 5 years which is matched by an equal contribution from AARTECH.

The incubation centre is setup in the industrial area of Mandideep, District Raisen, Madhya Pradesh – about 20 kms from Bhopal, capital city of Madhya Pradesh. A 10,000+ sqft area within Aartech’s premises have been earmarked and developed to create a unique startup incubator thriving in an industrial environment and inspired by the innumerable MSME’s that serve as the backbone to the country’s development and organized employment of its human resources.

Our Vision

To be a unique platform for enabling the entrepreneurial ecosystem in Central India

Our Mission

To co-create the next generation of successful state-of-the-art innovation-driven enterprises.

Our Objectives

To set up and implement the Atal Incubation Centre (AIC) in partnership with Atal Innovation Mission, NITI Aayog with an objective of supporting innovative technology based startup enterprises in India.

AIC-Aartech shall endeavour to implement the following:

  1. Establish a high class incubation facility, including but not limited to:
    (a) suitable physical infrastructure and operating facilities, and
    (b) affiliations with sectoral experts.
  2. Enable support ecosystem for incubated startups, including but not limited to: mentoring, planning, organising events, lab facilities, regulatory guidance, etc.
  3. Provide preference in support to startups or innovators that have applications / impact in the core sectors of the economy (e.g. agriculture, healthcare, clean energy and sustainable technologies, education, housing, transportation, cyber security, IoT, robotics and AI, water and sanitation, etc.)
  4. Encourage innovation in the Indian ecosystem, through activities such as, but not limited to,
    (a) awareness workshops,
    (b) training and capacity building,
    (c) mentoring support, to early stage startup enterprises.
  5. Encourage creation of new technologies and intellectual property.
  6. To support and carry out any other activity relevant to promotion and incubation of startups in the country.