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PIB Summaries 11 May 2022

CONTENTS

  1. AIM PRIME
  2. Mission Integrated Bio-refineries

AIM PRIME


Focus: Government policies and Intervention

Why in News?

AIM, NITI Aayog launches the AIM-PRIME Playbook to help academicians launch deep-tech spin-offs

Details:

  • In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program which will be implemented by Venture Center – a non-profit technology business incubator.
  • The first cohort of the program is open to technology developers (early-stage deep tech start-ups, and scientists/ engineers/ clinicians) with strong science-based deep tech business ideas.
  • The program is also open to CEOs and Senior incubation managers of AIM Funded Atal Incubation Centers that are supporting deep tech entrepreneurs. Deep technology is an outcome of very intense research and development (R&D) with high knowledge content.
  • The benefits of this program are aimed at addressing specific issues through training and guidance over a period of 12 months. Candidates selected for the program will get access to in-depth learning via a comprehensive lecture series, live team projects, exercises, and project-specific mentoring.
  • They will also have access to a deep tech startup playbook, curated video library, and plenty of peer-to-peer learning opportunities. The AIM-PRIME program is specifically tailored for the rapid scaling up of deep-tech science ventures in India, providing not just the necessary intellect and support but also the exposure they rightly deserve.

About Mission Integrated Bio-refineries


Goal: 

Develop and demonstrate innovative solutions to accelerate the commercialization of integrated biorefineries, with a target of replacing 10% of fossil-based fuels, chemicals and materials with bio-based alternatives by 2030

Mission: 

  • The Mission will advance sustainable biorefining pathways and technologies to support the development and commercialization of bio-based fuels, chemicals and materials, by also considering process energy demands.
  • This will support de-risking new and emerging technology, while improving the cost-competitiveness of bio-based alternatives, notably biofuels.

Click Here To Know More: About Mission Integrated Bio-refineries


 

 

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