The objectives of the “India Innovation Initiative 2016” are:
- To strengthen the innovation and entrepreneurial eco-system in the country by communicating, sensitizing, encouraging and promoting a culture of Science & Technology-led innovation among all sections of society;
- To build understanding among innovators from different parts of the country about different facets of the ecosystem such as patenting, commercialization of innovation, company formation and marketing and funding;
- To provide a wider outreach to cover urban as well as rural youth by reaching out to the remotest corners of the country;
- To overall establish a large national platform for individual and grass-root innovators, incubators, mentors and investors to come together to facilitate commercialization of the most promising innovations leading to entrepreneurship as a viable career path and generation of new job opportunities in the country.