Ambedkar Social Innovation Incubation Mission (ASIIM)
Launched by Ministry of Social Justice and Empowerment (MoSJ&E), Govt of India
Launched under Venture Capital Fund for SCs
In order to boost entrepreneurship and innovation among the SC students/ SC Divyang youth, MoS&JE has launched an initiative viz. “Ambedkar Social Innovation and Incubation Mission (ASIIM)” under VCF-SC on 30th September 2020.
The eligibility criteria for sending proposals for seeking assistance under ASIIM initiative is as follows:
Apply through KIIT-TBI
Call for Applications
15 April – 31 May 2021
Screening & Evaluation
1 Month (1 – 30 June 2021)
Monitoring & Facilitation
2 Months (1 July – 31 August 2021)
Frequently Asked Questions
- Youth who have been identified by the TBIs being promoted by Department of Science & Technology.
- Youth who are identified for incubation by reputed private TBIs.
- Students who have been awarded under the Smart India Hackathon or Smart India Hardware Hackathon being conducted by Ministry of Education.
- Innovative ideas focusing on the socio-economic development of the society identified in the TBIs.
- Start-ups nominated and supported by corporates through CSR funds.
- Launched by the Ministry of Social Justice in 2014-15 with a view of developing entrepreneurship amongst the SC/Divyang youth and to enable them to become ‘job-givers’.
- The Objective of this fund is to provide concessional finance to the entities of the SC entrepreneurs.
- The identified innovative ideas from SC students in the TBIs would be provided equity assistance
towards TBI accommodation cost, Hardware, Software, Fellowship, Travel and marketing, IP filing,
Tool-room expenses, Co-workers etc.
- During the incubation period of 3 years, the entrepreneurs shall not be insisted for any financial
contribution except the expenses required for forming a company which would be borne by the
entrepreneurs or TBIs. Financial assistance to these initiatives shall be released to the Companies
promoted by these young SC entrepreneurs.
- SC Certificate
- Latest Resume
- Pitch Deck