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Latest World News Update > Blog > Business > NITI Aayog launches two initiatives to foster innovation – World News Network
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NITI Aayog launches two initiatives to foster innovation – World News Network

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Last updated: June 10, 2024 12:00 am
worldnewsnetwork 1 year ago
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New Delhi [India], June 10 (ANI): NITI Aayog under its flagship initiative Atal Innovation Mission (AIM) has launched the ‘AIM – ICDK Water Challenge 4.0’ and the fifth edition of ‘Innovations for You’ handbook, which are aimed at fostering innovation and sustainability in the country, NITI Aayog said in a release on Monday.
Atal Innovation Mission (AIM) is the Government of India’s flagship initiative to create and promote a culture of innovation and entrepreneurship across the length and breadth of our country.
AIM – ICDK Water Challenge 4.0 has been initiated in collaboration with the Innovation Centre Denmark (ICDK) at the Royal Danish Embassy in India. The aim of the initiative is to address critical water-related challenges through inventive solutions.

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The selected teams will form the Indian cohort, which will participate in the global Next Generation Digital Action program and engage with young talents from leading universities and innovation hubs in 9 countries (India, Denmark, Ghana, Kenya, Korea, Tanzania, South Africa, Ghana, Colombia, and Mexico).
The focus of the program is to encourage the exploration of sustainability, digital solutions, inclusion, and universal design principles.
The participants will have the opportunity to showcase innovations at the Digital Tech Summit scheduled in Copenhagen from October 30th to 31st, 2024 funded by the Government of Denmark.

The challenge invites entries under two tracks: One for the students and the other for the young entrepreneurs both under the age of 35. Early-stage startups, researchers, and young innovators committed to driving positive environmental change.
the second initiative named ‘Innovations For You’ is a coffee table book series spotlighting the endeavors of SDG Entrepreneurs in India. The fifth edition features 60 entrepreneurs from diverse corners of India, each contributing to societal betterment through sustainable innovations.
The call for applications commences on June 10th, 2024, with the deadline set for June 20th, 2024.
Speaking during the launch of the event, Mission Director AIM, NITI Aayog Dr. Chintan Vaishnav said “These initiatives epitomise our relentless pursuit of innovation and sustainability, propelling India towards a brighter, more resilient future. Through collaborative efforts with partners like ICDK and the Royal Danish Embassy in India, we aim to address pressing challenges and empower young innovators to drive positive change in both countries.”
Minister Counsellor, Head of Trade Council in New Delhi & Regional Coordinator South Asia, Royal Danish Embassy Soren Norrelund Kannik-Marquardsen in his speech said, “This challenge aims to combine the skills of Danish and Indian entrepreneurs to solve global challenges that not only affect India and Denmark but the whole world.” (ANI)

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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