NITI Aayog and USAID annouces partnership under SAMRIDH initiative to Accelerate Health Innovation and Entrepreneurship in India

NITI Aayog and USAID annouces partnership under SAMRIDH initiative to Accelerate Health Innovation and Entrepreneurship in India
  • Atal Innovation Mission (AIM), NITI Aayog, and the U.S. Agency for International Development (USAID) have announced a new partnership under the Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) initiative.
  • Purpose: It aims to improve access to affordable and quality healthcare for vulnerable populations in tier-2 and tier-3 cities, and rural and tribal regions.
  • Under this partnership, AIM and SAMRIDH have announced a Call for Proposals for healthcare innovators and entrepreneurs in India. Through this initiative, they will focus on innovations across the healthcare landscape. 

Points to remember:

  1. SAMRIDH scheme is supported by?- USAID
  2. USAID has partnered with whom under the SAMRIDH scheme to Accelerate Health Innovation and Entrepreneurship in India?- NITI Aayog/AIM 
  3. USAID Headquarters?- Washington, D.C., United States

Source: PIB

Extra Info on SAMRIDH

Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) is supported by the United States Agency for International Development (USAID) and Indian Institute of Technology-Delhi (IIT-D). It aims to mobilize a capital pool of $100+ million from private sector and bilateral organizations. It leverages this fund to offer both grant and debt financing provision to support the expansion of market-based health solutions.

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