ENA Sectors 2022-10-18 11:07:48 <p><strong>Hyderabad, Oct 18 (KNN)</strong> Atal Incubation Centre (AIC) -Pinnacle Entrepreneurship Forum announced on Tuesday its plans to incubate 40 new, passionate and innovative startups fr0m tier-2 and tier-3 cities.</p> <p>It will be selecting startups that are willing to address the ground-level societal issues of Bharat &mdash;where 70 per cent of India resides, said a press release.</p> <p><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></p> <p>The incubator is also eying to facilitate more than Rs 50 million to startups over the next three years across automotive, EV, agritech, IT/IoT/AI, clean energy, health tech, social innovation, and other emerging areas. </p> <p>Speaking on the way forward, Dr. Sudhir Mehta, Founder, AIC-Pinnacle and Chairman of Pinnacle Industries &amp; EKA said, We firmly believe that the youth fr0m tier-2 and tier-3 cities possess huge potential, talent, and futuristic vision. They deeply understand the ground-level societal problems of Bharat and have the ability to come up with innovative-scalable business ideas and solutions that contribute largely to the idea of nation-building.</p> <p>Were looking forward to inviting the next-generation wealth creators and entrepreneurs to strengthen Indias startup ecosystem, he said.</p> <p>AIC-Pinnacle has already been incubating over 60+ startups and has plans to onboard 40 new potential startups which will be supported under various government-supported schemes such as Atal Incubation Mission AIC, MeitY, TIDE 2.0, MSME Innovative, SISFS, etc. to establish a solution-driven economy together.</p> <p>Being Indias leading Government-backed start-up incubator, AIC-Pinnacle Entrepreneurship Forum grooms, guides, mentors, connects and supports young, potential, innovative startups. </p> <p>AIC-Pinnacle is a startup accelerator with a highly experienced advisory board including 100+ veteran mentors, IP support, legal assistance, investor, and market connect, focused learning &amp; development programs, manufacturing, and rapid prototype assistance, advanced product testing lab facilities, co-working space, startup community access, hiring assistance, etc. to nurture and prepare startups in a focused and practical manner with a real market environment and support. <em><strong>(KNN Bureau)</strong></em></p> 30900 https://knnindia.co.in/news/newsdetails/sectors/aic-pinnacle-entrepreneurship-forum-aims-to-incubate-40-new-startups-from-tier-2-3-cities 2022-10-18 11:07:48 knnindia.co.in