This PPT consists of what is agri start up, how it is to be registered and what are the different avenues to start an enterprise in agriculture, various organisations supporting and nurturing start ups etc.,
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
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
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
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
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.
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.
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
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)
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)
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
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.