About Aashray Incubator
India, with a population of over 1.21 billion (Census 2011), provides innumerable opportunities to entrepreneurs, especially the youth, to develop ideas into innovative enterprises that contribute to inclusive growth, irrespective of the sectors and geographic locations.
Government of India’s policies and initiatives such as “Make in India” and "Start-up India, Stand up India" make India an ideal place for business, technology and social incubation, which are recognized as important tools for job creation, income generation, economic development and sustainable livelihoods.
A general perception is that most top entrepreneurs in India are highly educated and from India’s top institutes. However, there are also entrepreneurs who are not from the top institutes and have created evolutionary enterprises that have translated an idea or invention into a good or service that has created value and/ or for which customers are willing to pay. Others have created disruptive innovations that have totally changed a product or a service. In a social context, innovations help create new methods for alliance creation, joint venturing etc. and for creation of buyers' purchasing power.
Incube Ventures and Saath Livelihoods who have promoted Aashray Incubator to contribute to finding “out of the box” solutions for India’s inclusive developmental needs. With over 20 years of combined experience of introducing innovations and enterprises, the promoters of Aashray decided to join forces to support young people with innovative ideas and start-ups in transforming ideas into socially relevant products and services that will materially benefit the people at the bottom and median levels of the economic pyramid.
Aashray Incubator supports:
a) social enterprises that directly work towards achieving social or environmental impact;
b) transformative technologies in the areas of biotechnology, nanotechnology, non-destructive testing and diagnostics, and information and communication related technologies.
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