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MANJUPRAKASH
PALB 7028
II Ph.D.
Agri Start ups: An Intervention for Boosting
the Future of Agriculture in India
Seminar-II
“To build a strong eco-system for nurturing innovation and startups in
the country which will drive economic growth and generate large scale
employment opportunities.”
AIM:
To empower startups to grow through innovation and design.
Source: www.StartupIndia.in
START-UP INDIA :
Flagship initiative – January 16, 2016
WHY INDIA?
3rd 1,200+
$4.2B
8/10
28yrs
- www.nasscom.in
Present Scenario
- AgFunder’s AgTech Investing Report, 2016
$3.23 Bn was invested
in agricultural sector
worldwide
$313 Mn
Start-up scenario in India Agritech (2013-2017)
- NASSCOM, 2018
To understand the concept of startup
To discuss the avenues for startups in
agricultural sector
To know the government schemes and
incubation facilities related to startup
To review the success stories related to
startup
Objectives
Startup
Startup means an entity, incorporated or registered in India not
prior to 5 years, with annual turnover not exceeding Rs. 25 crore
in any preceding financial year, working towards innovation,
development, deployment or commercialization of new products,
processes or services driven by technology or intellectual property.
Source: www.StartupIndia.in
Converting an Opportunity into profit is called as startup
Overview of Start-up India Action plan
• Self-certification
• Launch of Mobile app and
portal
• Startup India Hub
• Legal support and fast-
tracking patent examination at
reduced costs
• Relaxed norms
• Faster exit for startups.
1. Simplification and
Handholding
• Fund of Funds : corpus of
Rupees.10,000 cr.
• Credit guarantee fund for
startups.
• Tax exemption on capital gains
invested in Fund of Funds.
2. Funding support and
Incentives
Salient Features of Startup India
●●●
• Organizing Startup Fests
• Launch of Atal Innovation Mission
(AIM) with Self–Employment and
Talent Utilization (SETU) Program of
NITI Aayog.
• Setting up 7 new research parks
modeled on the Research Park at IIT
Madras.
• Launching of innovation focused
programs for students.
• Annual Incubator Grand Challenge.
3. Industry-Academia
Partnership and
Incubation
• Small Industries Development
Bank of India (SIDBI) with a
Corpus of Rs.500 crore per
year for the next four years.
4. Credit Guarantee
Fund
●●●
Steps to be followed for setting up of startup
Startup ecosystem
Startup
Ecosystem
Support
organisations
Big
companies
Universities
Other
Research
organisations
Service
providers
Funding
organisations
• Ideas, inventions and research
• Startups at various stages
• Entrepreneurs
• Startup team members
• Investors
• Mentors
• Advisors
- NASSCOM Startup India report, 2016
Seed
Stage
Start-Up
Stage
Growth
Stage
Established
Stage
Expansion
Stage
Decline
Stage
Exit Stage
From idea to phases and team to organization
Lifecycle of a start-up
Sl. No. Category States
1 Best performer Gujarat
2 Top performers Karnataka, Kerala, Odisha, and Rajasthan
3 Leader Andhra Pradesh, Bihar, Chhattisgarh,
Madhya Pradesh, and Telangana
4 Aspiring
leaders
Haryana, Himachal Pradesh,
Jharkhand, Uttar Pradesh, and West Bengal
5 Emerging states Assam, Delhi, Goa, Jammu & Kashmir,
Punjab, Tamil Nadu, and Uttarakhand
6 Beginners Chandigarh, Manipur, Mizoram, Nagaland,
Puducherry, Sikkim, and Tripura
Startup State Ranking, 2018
State wise number of startups
- Startup India National report, 2018
Sl. No. States Startups
1. Maharashtra 2587
2. Karnataka 1973
3. Delhi 1833
4. Uttar Pradesh 1129
5. Telangana 748
6. Gujarat 712
7. Haryana 710
8. Tamil Nadu 709
9. Kerala 461
10. West Bengal 417
11. Madhya Pradesh 384
12. Rajasthan 371
Sector wise distribution of startups
- Startup India National report, 2018
2017 Global Startup Ecosystem Ranking
Leading economic nations - Start-up in 2017
11.3%
9.4%
4.9%
4.4% 4.4%
3.7%
3.4%
3.2%
2.9%
2.7%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
Canada United States India Brazil United Kingdom China Germany Japan France Italy
Start-uprate(NascentEntrepreneurshipRate)
- NASSCOM, 2018
Benchmarks for India…
- Zinnov research and analysis
Need of Startup
Employment opportunities
Rural welfare
Transportation Facility Health Facility Education
Resource Scarcity Land availability Biodiversity conservation
Global warming Pollution Control
Need of Startup
Food safety and security
Start up in the field of Agriculture and its allied sector is called as
Agri Startup
Agri Startups
Agri startup
Agri startup is a company that is in the first stage of
its operations, initially bankrolled by their
agripreneurial founders as they attempt to capitalize
on developing a product or service on agriculture
and allied sector for which they believe there is a
demand.
Avenues for startups in
agricultural sector
Farming-as-a-service (FAAS)
• Agri equipment renting is another area likely to see market traction.
• As modern equipment is expensive and unaffordable for the average
farmer, renting can take the burden of the input costs away from the
farmer.
Startups are leveraging drones or tractor-
based solutions to get data on field,
pertaining to both weather and agricultural
data to determine risk.
Determine soil and crop health
Big Data
Market linkage models
• Innovations to help farmers with timely and accurate estimation of
sowing and harvesting in sync with consumer demand patterns.
Fintech for farmers
• Farm income is mostly in cash and it presents an opportunity for
Fintech startups to digitize payments for farmers through payment
gateways linked to their accounts.
• Such startups can also create the credit profile environment for
funders and lenders.
IoT for farmers
• Smart farming including concepts like high-
precision crop control, data collection, automated
farming techniques will remove inefficiencies and
bolster productivity.
Living Green Buildings
Sustainable ecosystem
Aquaponics
Apiculture
Need for future
Futuristic Solar Farming
Sl. No. Sectors Startup
1 Upstream (Input) Marketplace
model (Matching Agri-input
sellers to farmers)
2 Downstream (Output) ‘Farm-
to-Fork’ supply chain model
(Matching farmers to
businesses or retail customers
for fresh produce, processed
food)
3 Engineering led innovation
Examples of Agri Startups
• New innovative solution
• Social media for farmers is an added
value
• Focus on problems of potential
customers
• Strong proposal with effective solution
that promise and increase productivity
• Favourable business climate
• Emerging market for agristartups
• Increase in number of digitalised
farmers
• Angel investors
• Earn foreign exchange
• Competitive landscape
• Farmers may find it difficult to adopt
new technologies
• Possible laws and regulations
regarding leasing of farm land
• Lack of marketing expertise
• New on market
• Limited financial resources
• Lengthy procedure by funding
institutes
SWOT Analysis of Agri Startup
Strengths
ThreatsOpportunities
Weakness
The government schemes and
incubation facilities related to
startup
KEY
HIGHLIGHTS
OF THE
CELL'S
ACTIVITIES
Skill India Program
 Skill India is a campaign launched on 15 July 2015
 Aims to train over 40 crore people in India in different skills by
2022
 But these constraints can be removed with the help of
Agricultural Skill Council of India (ASCI) which is providing
ample opportunities for the individuals with agriculture
background to develop their skills as per the competency standards
and qualifications
 So, it is necessary to link them to the Skill India program
75 start-ups
Student READY Programme
• To provide rural entrepreneurship awareness, practical
experience in real-life situation and creating awareness to
undergraduate students about practical agriculture and allied
sciences.
• Helps in building confidence, skill and acquire ITK of the
locality and thereby preparing the pass-out for self-employment.
ICAR Agri-Business Incubators
• Pusa Krishi Incubator is an innovation hub and agri-
business incubation centre of ICAR-IARI.
• The incubator offers unparalleled technical and business
mentorship, network of industry experts as well as access to
government grants and funding platforms.
• It supports to agri-startups in scaling up their business and
commercialise their product.
Pusa Krishi Incubator
Activities
• Incubation
• Technology Commercialization
• Education Workshops
• Intellectual Property Facilitation
Aim
To provide a platform for budding Agripreneurs to provide
innovative solutions.
• Pusa Krishi Incubator has already graduated
3 cohorts with 34 start-ups. Have already raised
more than 7 crore in funding and won several
national awards and recognition
CrAdLE
(Centre for Advancing & Launching Enterprises )
• EDII has hosted a TBI – CrAdLE at Ahmedabad, Gujarat. 2nd
December 2016
• CrAdLE is supported by National Science and Technology
Entrepreneurship Development Board (NSTEDB), DST, GoI.
Focus areas - Manufacturing, Healthcare, Renewable
Energy and Food/Agribusiness
Achievements
The N S Raghavan Centre for Entrepreneurial Learning
(NSRCEL) at IIM Bangalore.
NSRCEL
225 +
Ventures incubated
5,400 +
Jobs created
 Trained nearly 53,544 professionals
 23,246 started their own enterprises (43.41 %)
 They intend to nurture all interested potential agripreneurs
It is a TBI hosted by, ICAR-NAARM, Hyderabad & DST, GoI.
a-IDEA has been housed in the Centre for Agri-Innovation for
fostering innovation and entrepreneurship in agriculture in India.
a-IDEA aims to help entrepreneurs ideate, incubate and
accelerate their innovative early stage start-ups
Start-ups are scalable to become competitive food and agri-
business ventures through capacity building, mentoring,
networking and advisory support.
a-IDEA
(Association for Innovation Development of Entrepreneurship
in Agriculture)
National Award For Emerging Technology
Business Incubator
• An initiative of the Department of Biotechnology, Ministry of
Science, Technology and Earth Sciences, GoI.
• Established in 2009
Mandate
• To enable cutting edge Life Sciences Research and Innovation
• C-CAMP is the country’s most exciting life sciences innovation
hub bringing together academia, industry and the startup ecosystem
- all on one platform.
Centre for Cellular and
Molecular Platforms
 Directorate of Agri-business Development in 2007
 It strives to serve as a one stop solution to all the business needs of
entrepreneurs who are interested in agriculture, bio-technology, food
processing, farm machinery and horticulture.
 It facilitates technology transfer through its network of TBI of DST.
To commercialize technologies and products developed by the
University
Technology Business Incubator
(TNAU)
Other Incubators and Accelerators focused on
Agritech
The success stories and research
study related to startups
Qualification M.Sc. Seed Science
Age 24 Year
Nodal Training Institute Shriram Pratishthan Mandal (SPM) Belgaum
Name of Venture SILVIA TRADE INC
Nature of Services Seed Varietal tasting and evaluation,
Consultancy
No. of Farmers Covered 5000
No. of Villages Covered 100
Annual Turnover 5.00 Cr.
Mr. Sharad Deshpande
Hubballi, Karnataka
Seeds of Success
Sustainability over the Long Term, Organically
Mr. Ramesh Khaladkar
Pune, Maharashtra
Qualification B.Sc. Forestry
Age 25 Year
Nodal Training Institute SSVP-Pune
Name of Venture Mauli Agro-tech
Nature of Services Manufacturing of Neem based organic
product, Consultancy
No. of Farmers Covered 450
No. of Villages Covered 20
Annual Turnover 2.00 Cr.
Mehrotra, N et al., (2016)
Entrepreneurial India: How startups
redefine India’s economic growth
The major reasons for failure of startups as identified
by Venture capitalists
Leaders of established companies identify the benefits
of collaborating with startups
• The government’s approach of targeting start-ups to power growth
over the next decade is well judged. But the easing of rules and
creation of a conducive policy environment should not be restricted
just to start-ups. It should be extended to all businesses.
• An enabling environment for this will comprise incubation centres
which can plug into cutting-edge research happening in the country.
If that is achieved , the Start-up India campaign would be
meaningful
Conclusion
• The real test for Start-up India will be the re-
domiciling of Indian start-ups .Partly to improve the
ease of investing in start-ups, such investments have
been exempted from long-term capital gains – which
will have to be watched carefully for signs that it is
being taken advantage of by, for example, real estate
manipulators.
Agri start ups_manjuprakash

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Agri start ups_manjuprakash

  • 1.
  • 2. MANJUPRAKASH PALB 7028 II Ph.D. Agri Start ups: An Intervention for Boosting the Future of Agriculture in India Seminar-II
  • 3.
  • 4. “To build a strong eco-system for nurturing innovation and startups in the country which will drive economic growth and generate large scale employment opportunities.” AIM: To empower startups to grow through innovation and design. Source: www.StartupIndia.in START-UP INDIA : Flagship initiative – January 16, 2016
  • 6. Present Scenario - AgFunder’s AgTech Investing Report, 2016 $3.23 Bn was invested in agricultural sector worldwide $313 Mn
  • 7. Start-up scenario in India Agritech (2013-2017) - NASSCOM, 2018
  • 8. To understand the concept of startup To discuss the avenues for startups in agricultural sector To know the government schemes and incubation facilities related to startup To review the success stories related to startup Objectives
  • 9. Startup Startup means an entity, incorporated or registered in India not prior to 5 years, with annual turnover not exceeding Rs. 25 crore in any preceding financial year, working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property. Source: www.StartupIndia.in
  • 10. Converting an Opportunity into profit is called as startup
  • 11. Overview of Start-up India Action plan
  • 12. • Self-certification • Launch of Mobile app and portal • Startup India Hub • Legal support and fast- tracking patent examination at reduced costs • Relaxed norms • Faster exit for startups. 1. Simplification and Handholding • Fund of Funds : corpus of Rupees.10,000 cr. • Credit guarantee fund for startups. • Tax exemption on capital gains invested in Fund of Funds. 2. Funding support and Incentives Salient Features of Startup India ●●●
  • 13. • Organizing Startup Fests • Launch of Atal Innovation Mission (AIM) with Self–Employment and Talent Utilization (SETU) Program of NITI Aayog. • Setting up 7 new research parks modeled on the Research Park at IIT Madras. • Launching of innovation focused programs for students. • Annual Incubator Grand Challenge. 3. Industry-Academia Partnership and Incubation • Small Industries Development Bank of India (SIDBI) with a Corpus of Rs.500 crore per year for the next four years. 4. Credit Guarantee Fund ●●●
  • 14. Steps to be followed for setting up of startup
  • 15. Startup ecosystem Startup Ecosystem Support organisations Big companies Universities Other Research organisations Service providers Funding organisations • Ideas, inventions and research • Startups at various stages • Entrepreneurs • Startup team members • Investors • Mentors • Advisors - NASSCOM Startup India report, 2016
  • 17. Sl. No. Category States 1 Best performer Gujarat 2 Top performers Karnataka, Kerala, Odisha, and Rajasthan 3 Leader Andhra Pradesh, Bihar, Chhattisgarh, Madhya Pradesh, and Telangana 4 Aspiring leaders Haryana, Himachal Pradesh, Jharkhand, Uttar Pradesh, and West Bengal 5 Emerging states Assam, Delhi, Goa, Jammu & Kashmir, Punjab, Tamil Nadu, and Uttarakhand 6 Beginners Chandigarh, Manipur, Mizoram, Nagaland, Puducherry, Sikkim, and Tripura Startup State Ranking, 2018
  • 18. State wise number of startups - Startup India National report, 2018 Sl. No. States Startups 1. Maharashtra 2587 2. Karnataka 1973 3. Delhi 1833 4. Uttar Pradesh 1129 5. Telangana 748 6. Gujarat 712 7. Haryana 710 8. Tamil Nadu 709 9. Kerala 461 10. West Bengal 417 11. Madhya Pradesh 384 12. Rajasthan 371
  • 19. Sector wise distribution of startups - Startup India National report, 2018
  • 20. 2017 Global Startup Ecosystem Ranking
  • 21. Leading economic nations - Start-up in 2017 11.3% 9.4% 4.9% 4.4% 4.4% 3.7% 3.4% 3.2% 2.9% 2.7% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% Canada United States India Brazil United Kingdom China Germany Japan France Italy Start-uprate(NascentEntrepreneurshipRate) - NASSCOM, 2018
  • 23. - Zinnov research and analysis
  • 24.
  • 25. Need of Startup Employment opportunities Rural welfare Transportation Facility Health Facility Education
  • 26. Resource Scarcity Land availability Biodiversity conservation Global warming Pollution Control Need of Startup Food safety and security
  • 27. Start up in the field of Agriculture and its allied sector is called as Agri Startup Agri Startups
  • 28. Agri startup Agri startup is a company that is in the first stage of its operations, initially bankrolled by their agripreneurial founders as they attempt to capitalize on developing a product or service on agriculture and allied sector for which they believe there is a demand.
  • 29. Avenues for startups in agricultural sector
  • 30. Farming-as-a-service (FAAS) • Agri equipment renting is another area likely to see market traction. • As modern equipment is expensive and unaffordable for the average farmer, renting can take the burden of the input costs away from the farmer.
  • 31. Startups are leveraging drones or tractor- based solutions to get data on field, pertaining to both weather and agricultural data to determine risk. Determine soil and crop health Big Data
  • 32. Market linkage models • Innovations to help farmers with timely and accurate estimation of sowing and harvesting in sync with consumer demand patterns. Fintech for farmers • Farm income is mostly in cash and it presents an opportunity for Fintech startups to digitize payments for farmers through payment gateways linked to their accounts. • Such startups can also create the credit profile environment for funders and lenders.
  • 33. IoT for farmers • Smart farming including concepts like high- precision crop control, data collection, automated farming techniques will remove inefficiencies and bolster productivity.
  • 35.
  • 37.
  • 38.
  • 41. Sl. No. Sectors Startup 1 Upstream (Input) Marketplace model (Matching Agri-input sellers to farmers) 2 Downstream (Output) ‘Farm- to-Fork’ supply chain model (Matching farmers to businesses or retail customers for fresh produce, processed food) 3 Engineering led innovation Examples of Agri Startups
  • 42. • New innovative solution • Social media for farmers is an added value • Focus on problems of potential customers • Strong proposal with effective solution that promise and increase productivity • Favourable business climate • Emerging market for agristartups • Increase in number of digitalised farmers • Angel investors • Earn foreign exchange • Competitive landscape • Farmers may find it difficult to adopt new technologies • Possible laws and regulations regarding leasing of farm land • Lack of marketing expertise • New on market • Limited financial resources • Lengthy procedure by funding institutes SWOT Analysis of Agri Startup Strengths ThreatsOpportunities Weakness
  • 43. The government schemes and incubation facilities related to startup
  • 44.
  • 45.
  • 47. Skill India Program  Skill India is a campaign launched on 15 July 2015  Aims to train over 40 crore people in India in different skills by 2022  But these constraints can be removed with the help of Agricultural Skill Council of India (ASCI) which is providing ample opportunities for the individuals with agriculture background to develop their skills as per the competency standards and qualifications  So, it is necessary to link them to the Skill India program
  • 49. Student READY Programme • To provide rural entrepreneurship awareness, practical experience in real-life situation and creating awareness to undergraduate students about practical agriculture and allied sciences. • Helps in building confidence, skill and acquire ITK of the locality and thereby preparing the pass-out for self-employment.
  • 51. • Pusa Krishi Incubator is an innovation hub and agri- business incubation centre of ICAR-IARI. • The incubator offers unparalleled technical and business mentorship, network of industry experts as well as access to government grants and funding platforms. • It supports to agri-startups in scaling up their business and commercialise their product. Pusa Krishi Incubator
  • 52. Activities • Incubation • Technology Commercialization • Education Workshops • Intellectual Property Facilitation Aim To provide a platform for budding Agripreneurs to provide innovative solutions.
  • 53. • Pusa Krishi Incubator has already graduated 3 cohorts with 34 start-ups. Have already raised more than 7 crore in funding and won several national awards and recognition
  • 54. CrAdLE (Centre for Advancing & Launching Enterprises ) • EDII has hosted a TBI – CrAdLE at Ahmedabad, Gujarat. 2nd December 2016 • CrAdLE is supported by National Science and Technology Entrepreneurship Development Board (NSTEDB), DST, GoI.
  • 55. Focus areas - Manufacturing, Healthcare, Renewable Energy and Food/Agribusiness Achievements
  • 56. The N S Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIM Bangalore. NSRCEL 225 + Ventures incubated 5,400 + Jobs created
  • 57.  Trained nearly 53,544 professionals  23,246 started their own enterprises (43.41 %)  They intend to nurture all interested potential agripreneurs
  • 58.
  • 59. It is a TBI hosted by, ICAR-NAARM, Hyderabad & DST, GoI. a-IDEA has been housed in the Centre for Agri-Innovation for fostering innovation and entrepreneurship in agriculture in India. a-IDEA aims to help entrepreneurs ideate, incubate and accelerate their innovative early stage start-ups Start-ups are scalable to become competitive food and agri- business ventures through capacity building, mentoring, networking and advisory support. a-IDEA (Association for Innovation Development of Entrepreneurship in Agriculture)
  • 60. National Award For Emerging Technology Business Incubator
  • 61. • An initiative of the Department of Biotechnology, Ministry of Science, Technology and Earth Sciences, GoI. • Established in 2009 Mandate • To enable cutting edge Life Sciences Research and Innovation • C-CAMP is the country’s most exciting life sciences innovation hub bringing together academia, industry and the startup ecosystem - all on one platform. Centre for Cellular and Molecular Platforms
  • 62.  Directorate of Agri-business Development in 2007  It strives to serve as a one stop solution to all the business needs of entrepreneurs who are interested in agriculture, bio-technology, food processing, farm machinery and horticulture.  It facilitates technology transfer through its network of TBI of DST. To commercialize technologies and products developed by the University Technology Business Incubator (TNAU)
  • 63. Other Incubators and Accelerators focused on Agritech
  • 64. The success stories and research study related to startups
  • 65. Qualification M.Sc. Seed Science Age 24 Year Nodal Training Institute Shriram Pratishthan Mandal (SPM) Belgaum Name of Venture SILVIA TRADE INC Nature of Services Seed Varietal tasting and evaluation, Consultancy No. of Farmers Covered 5000 No. of Villages Covered 100 Annual Turnover 5.00 Cr. Mr. Sharad Deshpande Hubballi, Karnataka Seeds of Success
  • 66. Sustainability over the Long Term, Organically Mr. Ramesh Khaladkar Pune, Maharashtra Qualification B.Sc. Forestry Age 25 Year Nodal Training Institute SSVP-Pune Name of Venture Mauli Agro-tech Nature of Services Manufacturing of Neem based organic product, Consultancy No. of Farmers Covered 450 No. of Villages Covered 20 Annual Turnover 2.00 Cr.
  • 67. Mehrotra, N et al., (2016) Entrepreneurial India: How startups redefine India’s economic growth
  • 68. The major reasons for failure of startups as identified by Venture capitalists
  • 69. Leaders of established companies identify the benefits of collaborating with startups
  • 70. • The government’s approach of targeting start-ups to power growth over the next decade is well judged. But the easing of rules and creation of a conducive policy environment should not be restricted just to start-ups. It should be extended to all businesses. • An enabling environment for this will comprise incubation centres which can plug into cutting-edge research happening in the country. If that is achieved , the Start-up India campaign would be meaningful Conclusion
  • 71. • The real test for Start-up India will be the re- domiciling of Indian start-ups .Partly to improve the ease of investing in start-ups, such investments have been exempted from long-term capital gains – which will have to be watched carefully for signs that it is being taken advantage of by, for example, real estate manipulators.