IIM Bangalore-NSRCEL Collaborates with Atal Innovation Mission to Help Start-ups


IIM Bangalore’s NSRCEL, the start-up and innovation hub of the institution has launched a programme for entrepreneurs in a virtual mode called as AIM Catalysts where early-stage start-ups, with sustainable ideas, will be welcomed for incubation. AIM stands for Niti Aayog’s Atal Innovation Mission

The AIM catalysts programme at NSRCEL was launched in the presence of IIM Bangalore Director Dr Rishikesha T Krishnan; Ramanan Ramanathan, Mission Director, AIM; Ishita Agarwal, Programme Director, AIM; Prof Venkatesh Panchapagesan, Chairperson, NSRCEL; Prof Suresh Bhagavatula, Professor of Entrepreneurship, IIMB; and Rajiv Sawhney, COO, NSRCEL.

Prof Suresh, IIMB Entrepreneurship Professor highlighted that NSRCEL was among the first six incubation centres in the country to be supported by the Atal Innovation Mission.

While Prof Venkatesh Panchapagesan emphasised the need for a centre like NSRCEL to adapt to the new norm, make progress during the pandemic, and launch new initiatives, programmes and partnerships. He also mentioned that NSRCEL is also open to taking in global ventures.

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Creation of Opportunities for Start-ups

Ramanan Ramanathan, Mission Director, AIM highlighted that COVID has created some never-imagined opportunities for start-ups in terms of assistive, preventive and curative solutions.

He also highlighted the significance of teamwork amongst start-ups, academia, government, and other enablers of the start-up ecosystem. 

“To be catalysed into growth and nurtured from the time it is an idea till it becomes a successful business, the ‘AIM Catalysts’ programme is going to have a tremendous impact in a start-up’s life,” said Ramanan Ramanathan.

While Ishita Agarwal, Programme Directo of AIM, in her overview of ‘AIM’ listed the number of entrepreneurs impacted, the jobs created, and the mentoring sessions held.

She also talked about NSRCEL being a team player and guiding upcoming incubators and said that It’s very important for start-ups to think about ‘Atmanirbhar Bharat’ and forge ahead.

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