Centre to set up 50 incubation centres

Trichy | Sunday | 25th March, 2018

Summary:

more-inTIRUCHIThe Centre will set up 50 incubation centres across the country within the current year, according to R.

Ramanan, Mission Director, Atal Innovation Mission, NITI AAYOG, New Delhi. Mr.

Ramanan said that out of 50 incubation centres, 19 centres had been selected to scale up their operation to support start-ups. Moreover, exclusive incubation centres would be set up for specific fields such as manufacturing, transport, energy, health, education, agriculture, water and sanitation. Each centre would be provided with a grant-in-aid of up to ?10 crore over a period of a maximum of 5 years to cover the capital and operational expenditure to establish the Atal Incubation Centre. Jawahar, Executive Director, TREC-STEP, said it had set up a technology business incubation centre in Chennai with the support of NITI AAYOG..