Deadline: 14-May-23
Pusa Krishi is excited to announce the Incubation Program- for Idea & Prototype Stage Startups to provide access to business & technology validation, strong mentoring & advisory, market linkages & connections with a view to create impactful solutions in the agriculture ecosystem.
The 2-month mentoring will take place online on video conferencing.
Focus Area
- Farm Mechanization
- Precision Agriculture
- Supply Chain & Agriculture Logistics
- Post-Harvest, Food Technology & Value addition
- Waste to Wealth & Green Energy
- Agriculture Allied Sectors
- Agri Fintech
- Agricultural Inputs & Biotechnology
- Natural Resource Management
- Agriculture Extension & Education
Benefits
- Upto INR 5,00,000 Grant-in-Aid
- Technology Validation & Backstopping.
- Pilot Opportunities
- Business Mentoring from Industry Leaders.
- Access to Cutting-Edge Infrastructure.
- Market Linkages & Investor’s Connect.
How it Works?
Phase 1
- 2-Month Online Pre-Incubation Program
- What Happens: Once selected, their startups & innovators receive transformational support. The selected individuals & groups participate in mentoring & coaching with their technical experts, business & thought leaders. They also get access to their powerful network of startups & founders. This is one of the strongest networks of changemakers who are transforming agriculture & allied sectors.
- The Results: The participants’ prototype is passed through multiple technical validations, business assessments, IP and other checks to create a feasible, viable, and scalable product ready for the market. Finally, the participants get to pitch their product to their panel of experts and the selected startups have the opportunity to get incubation with a Grant-in-Aid of upto INR 5,00,000.
Phase 2
- 1-Year Incubation Program
- What Happens: The selected startups receive mentoring and grant-in-aid of upto INR 5,00,000 (in milestone based 3-tranches) to commercially launch their product. They are mentored to run & sustain their business, grow their market linkages & connections, and develop a plan for scaling up. The start-ups also get field trials and pilot opportunities alongside.
- The Results: In the program, their startups develop a better product & business acumen, their professional network grows in quantity as well as quality, and they have more options of raising money.
Eligibility Criteria
- Arise recognises early-stage ideas in the field of agriculture & allied sectors. Your should apply, if you are:
- An Indian citizen
- Have an idea/ innovation/ early-stage startup in agriculture & allied sectors.
Selection Process
- Every year, through a rigorous open application process, their panel of evaluators select some of the most promising ideas & prototypes to be a part of ARISE. The applications are evaluated on various parameters — including but not limited to — need, novelty, technical feasibility, business viability, scalability, social impact, market size, team capabilities, and projected financial growth.
- After the application round, the shortlisted applicants appear for a selection committee interview. If selected in the interview, the applicants become a part of their cohort for the 2-month online mentoring program.
Ineligible
- Pusa Krishi, ICAR-IARI reserves the right to disqualify any application if
- Found engaged in any frauds, malpractices, or unethical activities.
- Any organization/ individual applying for the program should have not been blacklisted by the government or any major agency/ entity, and have no pending litigation in any court of law. The applicant is obligated to inform Pusa Krishi in case of any change in status of the aforementioned.
- Received a grant-in-aid support from any Government of India sponsored schemes of INR 10,00,000 or more for the same product/ service.
For more information, visit Pusa Krishi.