ICAR-NAARM Technology Business Incubator (TBI), a-IDEA and Indian Institute of Management Ahmedabad’s (IIM-A) incubator Center for Innovation, Incubation and Entrepreneurship (CIIE) announces “AGRI UDAAN”- Food and Agribusiness Accelerator 2.0.
This programme will help to selected innovative startups who will be mentored in ‘to scale up their operations in the agricultural value chain for effective improvement in agriculture. Th6-month 6 month program in which shortlisted the agricultural startups with promising innovative business models will be mentored & guided to scale up their operations.
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 the fixed term, cohort-based, mentorship-driven and they culminate into demo day.
Forthcoming Food & Agribusiness accelerator: AGRI UDAAN
Looking at the impact created through NAARM TBI a-IDEA India’s first Food & Agribusiness accelerator 2015 in partnership with IIM-A CIIE, National Science and Technology Entrepreneurship Development Board (NSTEDB), DST has come forward to support AGRI UDAAN – a unique initiative for the upliftment of agri-startups.
Through AGRI UDAAN we will be reaching out to agri-startups across the country with a series of roadshows in Chandigarh, Ahmedabad, Pune, Bangalore, Kolkata & Hyderabad. This initiative is backed by Caspian Impact Investments as Platinum Partner, Yes Bank as Banking Partner, NCDEX eMarkets Ltd (NeML) & Marico Innovation Foundation as Silver partners.
AGRI UDAAN also received support from National Research Development Corporation (NRDC), Agrinnovate as tech transfer partners, and FICCI as outreach partner.