Innovation and Agri-entrepreneur development component

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Presentation transcript:

Innovation and Agri-entrepreneur development component Presentation of Operational Guidelines for RKVY-RAFTAAR Innovation and Agri-entrepreneur development component

ARCHITECTURE OF THE SCHEME Infrastructure and assets - 50% (of 70%) Pre – harvest (20%) & Post – harvest (30%) infrastructure- Sorting-grading, packing, precooling units, transport and cold storage Value Addition linked Production projects 30% (of 70%) Production integrated with processing units for value added production Flexi funds 20% (of 70%) For projects as per the local need of States Sub-schemes (20%) Based on National level priorities (BGREI, CDP, AFDP, etc.) Innovation and agri-entrepreneur development (10%) For creating end to end integrated solutions for agri-entrepreneurs - creation of employment Normal RKVY – 70% of annual outlay

Objectives Achieve ''Lab to land'' by promotion of new technology /varieties through culture of Agri startups Promote innovation, entrepreneurship and business creation in agriculture and allied sector by skill development, capacity building and technology scale up; Create employment opportunities for youth Promote integrated approach for technology acquisition, R&D, commercial technology transfer and knowledge dissemination; Facilitate agri-startup ecosystem by support including technical, legal, financial, intellectual property and regulatory compliance related services to agripreneurs; Build a vibrant agri-startup ecosystem, through a network between academia, financial institutions, industries etc. Pure R&D proposal for academic pursuits not eligible for support. Some examples – Utilise waste mango kernel to make mango kernel butter and oil for personal care products , making biscuits from traditional millets in combination with wheat flour etc.

Thrust areas for Agri-entrepreneurship An indicative list – Farm Mechanisation Biotechnology and Bioinformatics Post-Harvest Processing Agri-Food Processing Agronomy, Soil & Agri Health Services Farm Retailing Precision Farming Nutraceuticals & Agri-Value Chain Supply Chain Management Internet of Things (IoT) & Information and Communication Technology (ICT) in Agriculture Artificial Intelligence in Agriculture

Key Constituents of the Scheme Knowledge Partners – Indian Agricultural Research Institute (IARI), New Delhi, National Institute of Agricultural Extension Management (MANAGE), Hyderabad National Institute of Agricultural Marketing (NIAM), Jaipur Establishment of RKVY-RAFTAAR Agribusiness Incubators (R-ABIs) Agri-preneurship Orientation Idea/Pre-Seed Stage Funding of Agri-preneurs Seed Stage Funding of R-ABI Incubatees

States allocated to KPs MANAGE, Hyderabad NIAM, Jaipur IARI, New Delhi Andhra Pradesh State/UTs NE State Gujarat Telangana West Bengal Assam Uttar Pradesh Tamil Nadu Bihar Meghalaya Madhya Pradesh Karnataka Jharkhand Mizoram Chhattisgarh Kerala Odisha Manipur Himachal Pradesh Puducherry Rajasthan Nagaland Uttarakhand A & N Maharashtra Arunachal Pradesh Jammu & Kashmir Lakshadeep Tripura Punjab Goa Sikkim Haryana Dadri & Nagarhaveli Chandigarh Daman & Diu NCT of Delhi

Role of the Knowledge Partner

Role of Knowledge Partner Advise DAC&FW on implementation Hand hold new or existing R-ABIs Implement a Centre of Excellence (CoE) to demonstrate best practices An amount of Rs.7.45 crore (approx.) is proposed to be allocated to KPs for capital and operational expenses in 2018-19 and 2019-20.

Role of the R-ABI

R-ABIs Public funded Academic/ Technical/R&D institutions/ organizations/ universities / State Agriculture University(s)(SAUs)/IITs/IIMs in Agriculture & Allied sectors with a proven track record in promotion of agri/rural- technology based enterprises eligible to apply as R-ABIs. Institutes that have no experience but meet the criteria can all also apply. R-ABI may be setup as “not for profit‟ section 8 company or as a Society/Trust at the its discretion. Maximum grant-in-aid of INR 300 lakhs to cover capital and operational expenditure will be made for 2018-19 and 2019-20.

Agri-preneurship Orientation

Nurture potential agripreneurs by training cum internship to provide practical, technical and business insights. R-ABI shall announce programme at the state/local level. Recipient should have initial business plan/ proposal. Applicants for programme will apply as per prescribed format. Stipend of Rs 10,000 per month to interns for two months by the R-ABI. 60 hours initial training in R-ABI along with two months hands on training cum internship.

Idea/Pre Seed Stage Funding

Develop an innovative idea based on technology, service, business platforms etc. and launch the business based on that. After two months of agri-preneurship orientation, interns will qualify for Idea/Pre-Seed Stage Funding. Recipient will register as legal entity and to be an Indian start-up as per DIPP definition. Each selected start-up will be provided seed stage funding as 90% grant up to a maximum of Rs 5 lakh.

Seed Stage Funding

Seed Stage Funding To ensure timely seed support to deserving incubatees within R-ABIs. Translation of minimum viable product to marketable and scale-up product and business. Selected incubatees will be provided incubation and seed stage money as 85 % grant up to a maximum of Rs. 25 lakhs. The recipient should be a registered legal entity in India within minimum of two months of residency at the R-ABI. The recipient has to be an Indian start-up as per DIPP definition.

Thank you Link of the Guidelines for the Innovation and Entrepreneurship Component available at http://rkvy.nic.in/static/download/pdf/RKVY-RAFTAAR_Ent.pdf