Support to Agri-Tech Startups

Feb 07: The Government of India is committed to promoting 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 the “Innovation and Agri-Entrepreneurship Development” programme under Rashtriya Krishi Vikas Yojana (RKVY) from 2018-19 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):

  1. National Institute of Agricultural Extension Management     (MANAGE), Hyderabad.
  2. National Institute of Agricultural Marketing (NIAM) Jaipur, Rajasthan.
  3. Indian Agricultural Research Institute (IARI) Pusa, New Delhi.
  4. University of Agriculture Science, Dharwad, Karnataka.
  5. Assam Agriculture University, Jorhat, Assam.

RKVY-RAFTAAR Agribusiness Incubators (R-ABIs):

  1. Chaudhary Charan Singh University, Hisar, Haryana
  2. CSK   Himachal Pradesh Krishi Vishvavidyalaya, Palampur, Himachal Pradesh
  3. IIT-BHU, Varanasi, Uttar Pradesh
  4. Jawaharlal Nehru Krishi Vishwa Vidyalaya, Jabalpur, Madhya Pradesh
  5. ICAR-Indian   Veterinary    Research     Institute,   Izatnagar,    Bareilly,    Uttar Pradesh
  6. Punjab Agricultural University, Ludhiana, Punjab
  7. Indira Gandhi Krishi Vishwavidyalaya, Raipur, Chhattisgarh
  8. Sher-e-Kashmir University of Agricultural Sciences and Technology, Jammu & Kashmir
  9. IIM, Kashipur, Uttarakhand
  10. Kerala Agricultural University, Thrissur, Kerala
  11. ICAR-Indian Institute of Millets Research, Hyderabad, Telangana
  12. Tamil Nadu Agricultural University (TNAU), Coimbatore, Tamil Nadu
  13. Agri innovation and entrepreneurship cell, ANGRAU, Andhra Pradesh 14) National Rice Research Institute, Cuttack, Odisha
  1. S K N Agriculture University, Jobner, Rajasthan
  2. Indian Institute of Technology Kharagpur, West Bengal
  3. Bihar Agricultural University, Bhagalpur, Bihar
  4. Anand Agricultural University, Anand, Gujarat
  5. ICAR-Central Institute for Research on Cotton Technology, Mumbai, Maharashtra
  6. Dr Panjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra
  7. National Institute of Veterinary Epidemiology and Disease Informatics (NIVEDI), Bengaluru, Karnataka
  8. College of Fisheries, Lembucherra, Tripura
  9. Department of Veterinary Medicine College of Veterinary Sciences &Animal Husbandry, Aizawl, Mizoram
  10. College of Horticulture & Forestry, Pasighat, Arunachal Pradesh

Under the programme, financial support up to Rs. 5.00 lakh is provided at the idea/pre-seed stage and up to Rs. 25 lakhs at the seed stage to entrepreneurs/ startups in the field of agriculture & allied sectors 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 of 20 start-ups in each category of pre-seed and seed stage in a particular year for financial assistance under the Innovation and Agri-entrepreneurship programme. The fund is released in instalments 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 are provided on financial, technical, IP issues etc. Besides, the Government of India organize various national-level programmes including agri-startup conclaves, agri fairs and exhibitions, webinars, and 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 has been released in instalments 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.

Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.