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. 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. It aims to mobilize a capital pool of $100+ million from the 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.
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.
- This new partnership announced will enhance SAMRIDH’s efforts to reach vulnerable populations, leveraging AIM’s expertise in innovation and entrepreneurship.
- The collaboration would focus on innovations across the healthcare landscape with the common goal to mount an effective response to the ongoing third wave of COVID-19 and build health system preparedness for future infectious disease outbreaks and health emergencies.