‘Agri Udaan’ To Help Startups In Agriculture Sector | SupportBiz
Sign in | Register |Follow us on
_

News

‘Agri Udaan’ To Help Startups In Agriculture Sector

 
NITI Aayog Member Ramesh Chand on Friday inaugurated 'Agri Udaan Food & Agribusiness Accelerator 2.0', a programme to promote innovation and entrepreneurship in agriculture.

Agri Udaan is organised by NAARM, a-IDEA and IIM-A, CIIE in partnership with Caspian Inpact Investment and supported by DST. The program focuses on catalyzing scale-up stage Food & Agribusiness startups through rigorous mentoring, industry networking and Investor pitching.

The focus area of the initiatives are sustainable inputs, precision/smart agriculture, innovative food technology, supply chain technology, fisheries, soil, water and weather tech, ICT & IoT in
Agriculture, agri fintech, animal husbandry, urban/vertical farming, agri-biotech, post-harvest technology, farm fresh retail, farm mechanization.

Accelerators are 4-8 month program aiming at scaling up innovative startups with a working prototype and initial market traction. This is done through education, mentorship, and financing. Startups enter accelerators for a fixed-period of time, and as part of a cohort.

The cohort is shortlisted by evaluation panel comprising of industry veterans, business experts, R&D scientists. Four distinct factors that make accelerators unique are fixed term, cohort based, mentorship driven and they culminate into demo day.

Through AGRI UDAAN we will be reaching out to agri-startups across the country with a series of road shows in Chandigarh, Ahmedabad, Pune, Bangalore, Kolkata & Hyderabad.

The application is available at www.aidea.naarm.org.in.

Applications will be evaluated by mentors from industry, business and partner organizations, based on the average scores top 40 startups will be shortlisted and allowed to pitch in front of panel of evaluators during cohort finalization programme on 9th and 10th of October 2017 at NAARM. Out of these about 8 to 12 startups will be selected for final cohort for capacity building workshop.