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IncubationRural & Social
ACIC

Atal Community Innovation Centres

Up to ₹2.5 crore to build innovation centres in aspirational and underserved regions, with AIM covering half the project cost.

What you get

Up to ₹2.5 crore in tranches; AIM funds 50% of the total project

Nodal ministry

NITI Aayog

Support type

Incubation

Best suited for

Ideation · Prototype / PoC

Typical timeline

Applications through aim.gov.in, assessed by a screening committee

What this scheme actually is

ACICs bring incubation infrastructure and capacity building to regions the mainstream startup ecosystem has not reached. AIM funds half the project and the applicant matches the rest through PPP or private contribution. For founders in aspirational districts, an ACIC may be the only local incubation available.

Implementing agency: Atal Innovation Mission

What the scheme sets out to do

Offer infrastructure facilities and capacity building to potential entrepreneurs in aspiring regions
Extend the innovation ecosystem into underserved geographies

Who can apply

Academic applicants: UGC and AICTE affiliated universities and colleges, ITIs and other technical diploma colleges
Non-academic applicants: voluntary and other organisations with strong experience in promotion of science and technology
Minimum 3 years of existence for all applicants

What you get

Support of up to ₹2.5 crore in multiple tranches based on the approved budget
AIM funding covers 50% of the total project cost
Applicant matches the remainder through PPP or private contribution

How to apply, step by step

  1. 1

    For founders: find the ACIC in your district

    ACICs are concentrated in aspirational and underserved regions. Local access is the entire point of the programme.

  2. 2

    For institutions: arrange the 50% match first

    The matching contribution through PPP or private funding must be credible at application stage.

  3. 3

    Apply online and face the selection committee

    Applications are submitted via aim.gov.in and evaluated by a screening and selection committee.

How Company Avenue Advisory helps

What we actually do on a ACIC mandate

Entity structuring and Section 8 incorporation for ACIC applicants
Matching-contribution structuring including CSR and PPP routes
Grant accounting and utilisation compliance

No consultant can guarantee a sanction — that decision sits with the evaluating committee, bank or incubator. We commit to an honest eligibility view, an application built to the evaluator’s format, filing inside the window and a documented follow-up cadence. That is stated in every engagement letter we sign.

Official sources

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