Atal Innovation Mission

Awards

Each ANIC winner is eligible for a funding of up to
INR 1 crore

Funding of INR 1 crore comprises of 2 parts:

  • Grant-in-Aid
    • up to INR 80 lakhs
    • non-returnable grant
  • Equity Investment
    • up to INR 20 lakhs
    • 2% equity in the start-up to be held by the government