Support to Agri-Tech Start ups
The Government of India is committed to promote Agri-startups by providing financial and technical support to agri-startups in agriculture and allied sectors. Department of Agriculture & Farmers' Welfare (DA&FW) is implementing “Innovation and Agri-Entrepreneurship Development”
The Government of India is committed to promote Agri-startups by providing financial and technical support to agri-startups in agriculture and allied sectors. Department of Agriculture & Farmers’ Welfare (DA&FW) is implementing “Innovation and Agri-Entrepreneurship Development” programme under Rashtriya Krishi Vikas Yojana (RKVY) from 2018-19 with an objective to promote innovation and agri-entrepreneurship by providing financial and technical support for nurturing startups ecosystem in the country. So far, 5 Knowledge Partners (KPs) and 24 RKVY Agribusiness Incubators (R-ABIs) have been appointed for training & incubation of agri-startups and implementation of this programme. The list of these 5 KPs and 24 R-ABIs is given below:
List of Knowledge Partners (KPs) and RKVY- Agribusiness Incubators (R- ABIs)
Knowledge Partners (KPs):
- National Institute of Agricultural Extension Management (MANAGE), Hyderabad.
- National Institute of Agricultural Marketing (NIAM) Jaipur, Rajasthan.
- Indian Agricultural Research Institute (IARI) Pusa, New Delhi.
- University of Agriculture Science, Dharwad, Karnataka.
- Assam Agriculture University, Jorhat, Assam.
RKVY-RAFTAAR Agribusiness Incubators (R-ABIs):
- Chaudhary Charan Singh University, Hisar, Haryana
- CSK Himachal Pradesh Krishi Vishvavidyalaya, Palampur, Himachal Pradesh
- IIT-BHU, Varanasi, Uttar Pradesh
- Jawaharlal Nehru Krishi Vishwa Vidyalaya, Jabalpur, Madhya Pradesh
- ICAR-Indian Veterinary Research Institute, Izatnagar, Bareilly, Uttar Pradesh
- Punjab Agricultural University, Ludhiana, Punjab
- Indira Gandhi Krishi Vishwavidyalaya, Raipur, Chhattisgarh
- Sher-e-Kashmir University of Agricultural Sciences and Technology, Jammu & Kashmir
- IIM, Kashipur, Uttarakhand
- Kerala Agricultural University, Thrissur, Kerala
- ICAR-Indian Institute of Millets Research, Hyderabad, Telangana
- Tamil Nadu Agricultural University (TNAU), Coimbatore, Tamil Nadu
- Agri innovation and entrepreneurship cell, ANGRAU, Andhra Pradesh 14) National Rice Research Institute, Cuttack, Odisha
- S K N Agriculture University, Jobner, Rajasthan
- Indian Institute of Technology Kharagpur, West Bengal
- Bihar Agricultural University, Bhagalpur, Bihar
- Anand Agricultural University, Anand, Gujarat
- ICAR-Central Institute for Research on Cotton Technology, Mumbai, Maharashtra
- Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra
- National Institute of Veterinary Epidemiology and Disease Informatics (NIVEDI), Bengaluru, Karnataka
- College of Fisheries, Lembucherra, Tripura
- Department of Veterinary Medicine College of Veterinary Sciences &Animal Husbandry, Aizawl, Mizoram
- College of Horticulture & Forestry, Pasighat, Arunachal Pradesh
Under the programme, the financial support upto Rs. 5.00 lakh is provided at the idea/pre seed stage and upto Rs. 25 lakh at the seed stage to entrepreneurs/ startups in the field of agriculture & allied sector to launch their products, services, business platforms, etc into the market and facilitate them to scale up their products and operations. Each KP and R-ABI can select a maximum 20 start-ups in each category of pre seed and seed stage in a particular year for financial assistance under Innovation and Agri-entrepreneurship programme. The fund is released in installments to the selected startups based on the recommendation given by the Committee constituted for this purpose.
Start-ups are trained and incubated by these Knowledge Partners (KPs) and RKVY Agribusiness Incubators (R-ABIs) appointed under the programme. Technical support and mentorship is provided on financial, technical, IP issues etc. Besides, Government of India organize various national level programmes including agri-startup conclave, agri fair and exhibitions, webinars, workshops to provide a platform for the promotion of agri startups by linking them with various stakeholders.
Under this programme, funds are released to KPs and R-ABIs situated in different States. The financial assistance of Rs. 111.57 crores have been released in installments to a total of 1554 agri startups through various KPs and R-ABIs from 2019-20 to 2023-24.
This information was given by the Union Minister of Agriculture and Farmers’ Welfare, Shri Arjun Munda in a written reply in Lok Sabha today.
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