Thrust areas for Agri-entrepreneurship

Presentation of

Operational Guidelines for RKVY-RAFTAAR

Innovation and Agri-

entrepreneur development

component

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

ARCHITECTURE OF THE SCHEME

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 –

1. Farm Mechanisation

2. Biotechnology and Bioinformatics 3. Post-Harvest Processing

4. Agri-Food Processing

5. Agronomy, Soil & Agri Health Services 6. Farm Retailing

7. Precision Farming

8. Nutraceuticals & Agri-Value Chain 9. Supply Chain Management

10. Internet of Things (IoT) & Information and Communication Technology (ICT) in Agriculture 11. 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

 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.

Seed Stage Funding

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