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New Delhi, Nov 19 (IANS) In line with the Government of India’s ongoing efforts to strengthen the country’s innovation and entrepreneurship landscape, NITI Aayog’s Atal Innovation Mission (AIM) has formalized a strategic partnership with CFA Institute India Pvt Ltd. Ltd. signed a joint statement of intent here on Wednesday
This partnership will provide substantial support to Atal Tinkering Labs (ATL), Atal Incubation Centers (AIC), Atal Community Innovation Centers (ACIC) and early stage startups.
It aims to offer structured capacity-building programmes, exclusive financial education modules and global best practices in line with India’s long-term goals of fostering responsible and future-ready innovators.
Under the collaboration, school innovators under ATL will get access to structured learning modules on financial literacy and ethics. AIM-supported incubators and startups will receive expert-led training, knowledge reports and specialized advisory inputs aimed at strengthening the financial stability framework.
CFA charterholders will additionally contribute to incubator review processes and may be considered for advisory and governing roles within the AIC and ACIC to further enhance transparency, accountability and governance excellence.
This partnership is expected to facilitate the integration of global expertise, codes and standards from CFA Institute’s international network. Masterclasses, outreach programs and knowledge sessions will be organized across the country to empower students, entrepreneurs, incubator managers and other stakeholders in the innovation ecosystem.
Senior leadership from AIM and CFA Institute, including Deepak Bagla, Margaret Franklin and Aarti Porwal, participated in the discussions prior to the signing of the SoI.
Speaking on the occasion, Deepak Bagla, Mission Director, AIM, said that this collaboration is an important step in strengthening the foundation of India’s innovation ecosystem from the grassroots level to the global platform.
“This partnership will play a key role in mobilizing India’s innovation ecosystem from the grassroots to the global level through AIM’s Atal Tinkering Labs, Atal Incubation Centers (AIC), Atal Community Innovation Centers (ACIC) and local innovation initiatives. CFA Institute’s expertise in financial ethics, governance and global professional standards will significantly strengthen our efforts to build a responsible, financially aware and future-ready innovation ecosystem. Will do.”
Emphasizing the growing relevance of financial and governance competencies, Margaret Franklin, President and CEO, CFA Institute, said that CFA Institute is honored to partner with Atal Innovation Mission to advance financial education and ethical decision making among India’s next generation of innovators.
As India’s entrepreneurial ecosystem continues to grow, the need for strong financial capabilities and high standards of governance becomes even more essential.
Through this strategic collaboration, we aim to bring the global expertise and mission of CFA Institute to support AIM’s efforts to foster responsible and future-ready innovators across India.
Highlighting the role of the initiative in strengthening foundational financial knowledge, Aarti Porwal, Senior Country Head India, CFA Institute, said: “This partnership represents a meaningful step towards strengthening the financial foundation of India’s innovation landscape. Finance and governance are the fundamental building blocks for sustaining innovation. By working closely with AIM’s incubator, startups and Atal Tinkering Labs, we are providing an understanding of financial markets, governance practices and ethical principles to the early stages of entrepreneurship. Our focus will be on creating accessible and globally aligned learning opportunities that help young entrepreneurs thrive.”
–IANS
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