To narrow the gap between ‘the industry’ and ‘the innovation ecosystem’, Atal Innovation Mission (AIM) and Sattva Consulting are working to establish a structured and streamlined process that enables and motivates corporates to fund the innovation ecosystem with ease. This would involve bringing corporates, incubators/ startups, and other stakeholders in the innovation ecosystem together to facilitate conversations and devise ways to facilitate effective collaborations for promoting and scaling innovations.
This integration between the corporates and the overall innovation ecosystem will benefit both, the corporates, and the Incubatees/start-ups. With a greater volume of funds flowing into the ecosystem, more start-ups and incubators will benefit from improved capability-building support for better infrastructural and research facilities, and improved access to funds, empowering more entrepreneurs to explore entrepreneurship at scale.
CSR & Corporate Philanthropy for Innovation in India(click here to download)