RKVY- RAFTAAR Agribusiness Incubator

The RashtriyaKrishiVikasYojna (RKVY) is an important scheme of the Government of India, Ministry of Agriculture and Farmers’ Welfare (MoA&FW), aimed at strengthening infrastructure in agriculture and allied areas In order to promote agripreneurship and agribusiness by providing financial support and nurturing the incubation ecosystem, a new component under the revamped scheme RKVY- RAFTAAR has been launched in 2018-19.
RKVY-RAFTAAR supports agribusiness incubation by tapping innovations and technologies for venture creation in agriculture. In this process, incubation facilities and expertise already available with participating academic, technical, management and R&D institutions in the country shall be utilized on an individual or collective basis to harness synergies.
The existing institutional agribusiness incubators are, therefore, envisaged to be strengthened on a need basis and new ones to be set up by providing grants- in-aid under the scheme. 
Agribusiness Incubation is in its early stages in the Indian agricultural landscape.The existing institutional agribusiness incubators are, therefore, envisaged to be strengthened on a need basis and new ones to be set up by providing grants-in-aid under the scheme. 

University of Agricultural Sciences, Dharwad Centre of Excellence (UASD CoE) Agri-Business Incubator (UASD-RABI) is a Knowledge Partner in RKVY RAFTAAR project among five Knowledge Partners throughout India. RKVY RAFTAAR Agri-Business Incubators (R-ABIs) who get the handholding support from UAS, Dharwad are:

 

1. Anand Agricultural University (AAU), Anand, Gujrat.
2. Dr. Punjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra.
3. National Institute of Veterinary Epidemiology and Disease Informatics (NIVEDI), Bengaluru, Karnataka.
4. ICAR-Central Institute for Research on Cotton Technology, Mumbai, Maharashtra

Knowledge Partner

1460805769UniversityofAgriculturalScienc
Backup_of_FINAL LOGOpng.png
Backup_of_prasoonpng.png

Idea/ Pre-Seed Stage Funding 

 Grant of a maximum of Rs. 5 lakhs 

Seed Stage Funding as grant-in-aid to Startups 

 Grant of a maximum of Rs. 25 lakhs 

Booklet of Agri-startups during 2019-202

The key components of Innovation & Entrepreneurship Cell under RKVY- RAFTAAR 

a. Strengthening of existing agribusiness incubators for integrated rejuvenation and development and setting up new ones – R-ABI (RKVY-RAFTAAR Agribusiness Incubators). 
b. Seed Stage Funding of R-ABI Incubatees 
 
c. Agripreneurship Orientation 
 
d. Idea/Pre-Seed Stage Funding of Agripreneurs 

   Objectives of RKVY-RAFTAAR Agribusiness Incubators (R-ABI) 
 
a. To achieve ''Lab to land'' by dissemination of new technology /varieties to farmers through promoting a culture of Agri startups 
b. To promote innovation, entrepreneurship and business creation in agriculture and allied sector by skill development, capacity building and technology scale up; 
c. To create employment opportunities for youth in agriculture in the rural vicinity; 
 
d. To promote an integrated approach for technology acquisition, R&D, commercial technology transfer and knowledge dissemination; 
e. To facilitate evolution of an agri-startup ecosystem by support for cost effective, value added services including technical, legal, financial, intellectual property and regulatory compliance related services to agripreneurs; 
f. To build a vibrant agri-startup ecosystem, by establishing a network between academia, financial institutions, industries and other related institutions; 
g. Capacity building of existing agri-incubators as R-ABIs to achieve other related objectives; 
h. To generate/ provide innovative solution to meet local and global agriculture and business challenges, and competitiveness. 

Agripreneur

Orientation

Prasoon

Pallav

a. To ensure timely seed support to deserving incubatees within R-ABIs. 
 
b. To enable translation of minimum viable product (MVP) to marketable stage and scale up the product and business. 


c. To provide a platform for faster experimentation and modification in their approaches or minimum viable product (MVP) based on innovative solutions/ processes / products/ services/ business models etc. for scaling up. 

a.To develop an innovative idea based on technology, service, business platforms etc. into prototype/ product, services/ platforms etc. and launching of a business based on that. 


b. To provide an opportunity to budding agripreneurs/students for venturing into the agribusiness arena as well as for minimizing risks involved in businesses based on innovation; 


c. To attract and retain a large number of enthusiastic and skilled youth in agriculture; 
d. To create a pipeline of innovative startups for incubators. 

a. To ensure timely seed support to deserving incubatees within R-ABIs. 


b. To enable translation of minimum viable product (MVP) to marketable stage and scale up the product and business. 


c. To provide a platform for faster experimentation and modification in their approaches or minimum viable product (MVP) based on innovative solutions/ processes / products/ services/ business models etc. for scaling up.