The Atal Innovation Mission (AIM) was set up by NITI Aayog with an objective to create and encourage an environment of innovation and entrepreneurship across schools, educational organisations, research institutes and industries including MSMEs.  

AIM has two functions:

• Promote entrepreneurship by encouraging innovators to become entrepreneurs through financial support as well as mentorship 
• Promote Innovation by creating a platform where ideas are generated through like-minded individual

AIM has created four programs to support these functions:

• Atal Tinkering Labs
• Atal Incubation Centres
• Atal New India Challenges and Atal Grand Challenges
• Mentor India

Apart from these programs, AIM also seeks and collaborates with academia, industries, NGOs and individuals to enable an atmosphere of innovation. 

Funding: Rs 1,000 crore until 2019-20