new delhi jawaharlal nehru university jnu is back in the news and this time for the right reasons the university under its startup policy has established jawaharlal nehru university foundation for innovation jnufi to support the students and faculties who owned startupstoday niti aayog sanctioned financial support of rs 999 crore for five years to support the jnufi as atal incubation centre aicjnufi under the atal innovation mission aim scheme of government of india said a statement from jnuit said the goal of aicjnufi is to promote and support startups in specific subjects or sectors that have applications and impact in the core sectors of the economyone of its mandates is to promote and establish a worldclass incubation facility for creating and incubating novel technologies and business ideas into viable commercial products or services apart from helping the startups the aicjnufi will encourage innovation in the indian ecosystem and in jnu through its activities such as workshops training and capacity building mentoring support to earlystage startupsthe starting of aicjnufi on jnu campus will foster startup companies and budding entrepreneurs with mentorship and guidance to encourage startups and take care of the unemployment problem in india to some extentso far seven companies owned by faculties or students have already been approved by the duediligence committee for incubation at aicjnufi and three such companies have started their residence in aicjnufi the aicjnufi has aimed to incubate more than 100 startup companies over a period of five years