EMPI, a top management institution in Chattarpur, New Delhi has been selected out of thousands of applicants by NITI Aayog, Government of India under their Atal Innovation Mission (AIM) to set-up a first of its kind Atal Incubation Centre, specially focused on Renewables, Smart Energy and New Electric Mobility with the underpinning of AI & IOT Technologies. The aim of the center is tocreate world-class incubation facilities withsuitable physical infrastructure. Energy Lab, Australia, the largest Energy Incubator in Australia is the technical collaborator.
The center aims to provide comprehensive support to help young entrepreneurs in domains such as Renewables, Smart Energy and New, Intelligent & Electric Mobility to emerge as successful business enterprises that shall transform India. This Centre matches the Government of Indias policy frameworks like that of FAME 1 &FAME 2, non-tariff incentives for green vehicles and a national storage mission; all initiatives oriented to bring about 30% electric mobility by 2022. Also the Government is making a concerted effort to promote solar energy through the Solar Park and KUSUM schemes. Further the incubator goes beyond traditional incubators in playing a pro-active role in shaping and structuring projects of high value and impact and shall engage with Industry, Government and Civil society to define problem areas that require innovative solutions.
Atal Innovation Mission (AIM) is a flagship initiative of NITI Aayog, a policy think tank of the Government of India, to promote the spirit of innovative and entrepreneurial mindset in the country with various programmes such as the Atal Tinkering Labs, Atal Incubation Centers, and organizing challenges such as Atal New India Challenge, Defence Innovation Startup Challenge, etc. Its objective is to serve as a platform for the promotion of world-class innovation hubs, grand challenges, start-up businesses, and other self-employment activities, particularly in technology-driven areas.
As the founding team of EMPI Institutions has several stalwarts from Industry and Government, especially from the energy sector, EMPI decided to set up an incubation facility in its area of core expertise and an already existingextensive network.
EMPI Business School is recognized as one of the top Management Institutions of the country and has built a unique name for itself as of the most innovative institutions. Some of the most innovative initiatives undertaken by EMPI includes the EU-India International Business Management Centre, The GLOBE Project of the Wharton Schools GLOBE Foundation, Indian Quality Management Practices, We Think for India (Indias first participative Public Policy forum), Andhra Pradesh Aerospace & Defense Cluster (Indias first innovation cluster for Aerospace & Defense, next to Bangalore, as a JV with the Govt. of AP) and the EMPI Indian Innovation Awards under the Mission Innovative India. The awards, which were started in the year 2005 was Indias and perhaps the worlds first such Innovation Awards to recognize organizational innovations across diverse sectors in one platform. The awards were launched at the gracious hands of the President Dr. A P J Abdul Kalam.
The AIC-EMPI Incubation Center is the latest initiative of EMPI, which aims to support start-ups in the areas of renewables, electric mobility and smart energy to translate their ideas, concepts and problems into successful world-class enterprises.
CEO, AIC-EMPI Incubator
Fmr. Exec. Director, BHEL
Director, AIC-EMPI Incubator
President, EMPI Group of Institutions