AIM & UNDP Unveil Youth Co:Lab 2025

25 Dec 2024

AIM & UNDP Unveil Youth Co:Lab 2025

The Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Development Programme (UNDP), in partnership with Citi Foundation, have launched the seventh edition of the Youth Co:Lab National Innovation Challenge for 2024-2025.

About Atal Innovation Mission (AIM)

  • Establishment: AIM was set up in 2016.
  • Objective: The mission aims to create and promote an ecosystem of innovation and entrepreneurship across schools, universities, research institutions, MSMEs, and industries.
  • Implementing Agency: The Atal Innovation Mission is implemented by NITI Aayog.
  • Major Initiatives
    • Atal Tinkering Labs: Encourage problem-solving mindsets in schools.
    • Atal Incubation Centers: Support world-class startups and enhance the incubator model.

About NITI Aayog

  • The NITI (National Institution for Transforming India) Aayog  is the premier public policy think tank of the Government of India
  • It serves as the nodal agency for driving economic development and promoting cooperative federalism. By adopting a bottom-up approach, it engages State Governments in the economic policy-making process, moving away from the model of bargaining federalism.
  • Establishment: NITI Aayog was established on January 1, 2015, by a resolution of the Union Cabinet to replace the Planning Commission.
  • Nature of Body: It is an executive body and is non-constitutional and non-statutory.
  • Structure
    • Chairperson: The Prime Minister.
    • Vice Chairperson: Appointed by the Prime Minister.
    • Ex-Officio Members: Up to four Union Ministers nominated by the Prime Minister.
    • Governing Council: Includes the Prime Minister, Vice Chairperson, ex-officio members, full-time members, Chief Ministers, and Lieutenant Governors of UTs.
    • Special Invitees: Administrators of select Union Territories.
    • CEO: Appointed by the Prime Minister, manages daily operations and holds the rank of Secretary to the Government.
    • Full-Time Members: Experts in fields like economics and science.
    • Regional Councils: Address regional issues and are chaired by the Prime Minister or a representative.

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About Youth Co:Lab

  • Foundation: Youth Co:Lab was founded in 2017 by UNDP and Citi Foundation.
    • It aims to empower youth and promote the implementation of the Sustainable Development Goals (SDGs) through social innovation and entrepreneurship.
  • Launch in India: The initiative was launched in India in 2019 in collaboration with the Atal Innovation Mission, NITI Aayog.
  • National Innovation Challenge 2024-2025: This edition focuses on empowering young entrepreneurs and entrepreneurs with disabilities.

Key Achievements of Youth Co:Lab

  • Regional Reach: Supported young social entrepreneurs in 28 countries and territories across Asia and the Pacific since 2017.
  • Wide Engagement: Engaged over 255,000 participants through national dialogues, regional summits, and innovation challenges.
  • Youth Development: Benefited 15,000+ young people through skills development activities and supported 1,700+ youth-led innovation and entrepreneurship teams.
  • Collaborative Network: Established a Youth Empowerment Alliance with 210+ ecosystem stakeholders.

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About UNDP

  • Establishment: UNDP was established in 1966 by the General Assembly of the United Nations.
  • Focus Areas
    • Sustainable development.
    • Democratic governance and peacebuilding.
    • Climate and disaster resilience.
  • Funding: UNDP is funded entirely through voluntary contributions from UN member nations.
  • Headquarters: Its global headquarters is located in New York, USA.
    • The UNDP Country Office for India is situated in New Delhi.
  • Reports Published
    • Human Development Index.
    • Sustainable Development Goals.
    • Gender Inequality Index.

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