Presentation of Operational Guidelines for RKVYRAFTAAR Innovation and
- Slides: 17
Presentation of Operational Guidelines for RKVY-RAFTAAR Innovation and Agrientrepreneur development component
ARCHITECTURE OF THE SCHEME Infrastructure and assets - 50% (of 70%) Value Addition linked Production projects 30% (of 70%) • Pre – harvest • Production (20%) & Post integrated – harvest with (30%) processing infrastructure- units for Sortingvalue added grading, production Flexi funds 20% (of 70%) • For projects as per the local need of States packing, precooling units, transport and cold storage Normal RKVY – 70% of annual outlay Sub-schemes (20%) • Based on National level priorities (BGREI, CDP, AFDP, etc. ) Innovation and agri-entrepreneur development (10%) • For creating end to end integrated solutions for agrientrepreneurs - creation of employment
Objectives § Achieve ''Lab to land'' by promotion of new technology /varieties through culture of Agri startups § Promote innovation, entrepreneurship and business creation in agriculture and allied sector by skill development, capacity building and technology scale up; § Create employment opportunities for youth § Promote integrated approach for technology acquisition, R&D, commercial technology transfer and knowledge dissemination; § Facilitate agri-startup ecosystem by support including technical, legal, financial, intellectual property and regulatory compliance related services to agripreneurs; § Build a vibrant agri-startup ecosystem, through a network between academia, financial institutions, industries etc. § Pure R&D proposal for academic pursuits not eligible for support. § Some examples – Utilise waste mango kernel to make mango kernel butter and oil for personal care products , making biscuits from traditional millets in combination with wheat flour etc.
Thrust areas for Agri-entrepreneurship An indicative list – 1. Farm Mechanisation 2. Biotechnology and Bioinformatics 3. Post-Harvest Processing 4. Agri-Food Processing 5. Agronomy, Soil & Agri Health Services 6. Farm Retailing 7. Precision Farming 8. Nutraceuticals & Agri-Value Chain 9. Supply Chain Management 10. Internet of Things (Io. T) & Information and Communication Technology (ICT) in Agriculture 11. Artificial Intelligence in Agriculture
Key Constituents of the Scheme • Knowledge Partners – • Indian Agricultural Research Institute (IARI), New Delhi, • National Institute of Agricultural Extension Management (MANAGE), Hyderabad • National Institute of Agricultural Marketing (NIAM), Jaipur • Establishment of RKVY-RAFTAAR Agribusiness Incubators (R-ABIs) • Agri-preneurship Orientation • Idea/Pre-Seed Stage Funding of Agri-preneurs • Seed Stage Funding of R-ABI Incubatees
States allocated to KPs MANAGE, Hyderabad NIAM, Jaipur IARI, New Delhi Andhra Pradesh State/UTs NE State Gujarat Telangana West Bengal Assam Uttar Pradesh Tamil Nadu Bihar Meghalaya Madhya Pradesh Karnataka Jharkhand Mizoram Chhattisgarh Kerala Odisha Manipur Himachal Pradesh Puducherry Rajasthan Nagaland Uttarakhand A & N Maharashtra Arunachal Pradesh Jammu & Kashmir Lakshadeep Tripura Punjab Goa Sikkim Haryana Dadri & Nagarhaveli Chandigarh Daman & Diu NCT of Delhi
Role of the Knowledge Partner
Role of Knowledge Partner § Advise DAC&FW on implementation § Hand hold new or existing R-ABIs § Implement a Centre of Excellence (Co. E) to demonstrate best practices § An amount of Rs. 7. 45 crore (approx. ) is proposed to be allocated to KPs for capital and operational expenses in 2018 -19 and 2019 -20.
Role of the R-ABI
R-ABIs § Public funded Academic/ Technical/R&D institutions/ organizations/ universities / State Agriculture University(s)(SAUs)/IITs/IIMs in Agriculture & Allied sectors with a proven track record in promotion of agri/ruraltechnology based enterprises eligible to apply as R-ABIs. § Institutes that have no experience but meet the criteria can all also apply. § R-ABI may be setup as “not for profit‟ section 8 company or as a Society/Trust at the its discretion. § Maximum grant-in-aid of INR 300 lakhs to cover capital and operational expenditure will be made for 2018 -19 and 2019 -20.
Agri-preneurship Orientation
§ Nurture potential agripreneurs by training cum internship to provide practical, technical and business insights. § R-ABI shall announce programme at the state/local level. § Recipient should have initial business plan/ proposal. § Applicants for programme will apply as per prescribed format. § Stipend of Rs 10, 000 per month to interns for two months by the R-ABI. § 60 hours initial training in R-ABI along with two months hands on training cum internship.
Idea/Pre Seed Stage Funding
• Develop an innovative idea based on technology, service, business platforms etc. and launch the business based on that. • After two months of agri-preneurship orientation, interns will qualify for Idea/Pre-Seed Stage Funding. • Recipient will register as legal entity and to be an Indian startup as per DIPP definition. • Each selected start-up will be provided seed stage funding as 90% grant up to a maximum of Rs 5 lakh.
Seed Stage Funding
Seed Stage Funding § To ensure timely seed support to deserving incubatees within R-ABIs. § Translation of minimum viable product to marketable and scale-up product and business. § Selected incubatees will be provided incubation and seed stage money as 85 % grant up to a maximum of Rs. 25 lakhs. § The recipient should be a registered legal entity in India within minimum of two months of residency at the R-ABI. § The recipient has to be an Indian start-up as per DIPP definition.
Thank you Link of the Guidelines for the Innovation and Entrepreneurship Component available at http: //rkvy. nic. in/static/download/pdf/RKVY -RAFTAAR_Ent. pdf
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