Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) Agri-Food Business Incubation Center (AFBIC), IIT Kharagpur is inviting applications for its Cohort 4 batch of Agripreneurship Orientation Program (AOP).
Sponsoring Agency: RKVY-RAFTAAR
Type of Fund: Accelerator, Incubation, Mentorship and/or Training
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 05/31/2021
Size of the Fund: Less than USD $50,000
Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) Agri-Food Business Incubation Center (AFBIC), IIT Kharagpur is inviting applications for its Cohort 4 batch of Agripreneurship Orientation Program (AOP).
Agripreneurship orientation program is aimed at providing an opportunity to entrepreneurs with focus on students/ youth to work on their innovative ideas in Agribusiness by imparting two months training cum hands on internship with other startups in Agriculture and allied sectors. Guided by experienced and innovative startups, they will be able to understand business concepts/nuances, strategy and practical insights of specific industries or markets, challenges and strategies to resolve them.
After successful completion of the two months orientation program, MANAGE Centre for Innovation and Agripreneurship (CIA) will provide opportunity for the entrepreneurs pitching for grant-in-Aid up to 5 lakhs.
Objectives
• To nurture potential agripreneurs by providing training cum internship with other startups to provide them practical, technical and business insights.
• To create and nurture a pipeline of agripreneurs for incubators.
• To make pursuing entrepreneurship related to innovative ideas an attractive career option among other available career choices.
Funding Information
• A stipend of Rs 10,000/- per month will be granted to these interns for two months during the hands on training period.
• Idea/ Pre-Seed Stage Funding: under this, subsistence grant of a maximum of Rs. 5 lakhs (up to 90% of the Project cost) will be provided to interns who have successfully completed the initial two months of Agripreneurship orientation program and are aspiring to convert their innovative idea based on technology, service, business platforms etc. into a prototype/ product. Startups supported for idea/pre-seed stage funding will be eligible for obtaining next stage of Seed Stage Funding after evaluation.
Eligibility Criteria
• The applicant should propose one innovative idea based on technology, service, business platforms etc. for increasing efficiency in agriculture and allied sector.
• The applicants are expected to pursue their entrepreneurial aspirations full time.
• The applicant should have an initial business plan/ proposal for the idea they intend to pursue.
More information at: https://www.manage.gov.in/RKVY/AboutAOP.aspx
Eligible Countries:
India
