Startup culture thrives on the spirit of youthful ambition, fueled by fresh ideas and cutting-edge technology. Driven by innovators with a keen eye for market opportunities, startups disrupt existing norms or carve out entirely new spaces. Understanding the crucial role of its people in shaping the economy, the Indian Government, led by Narendra Modi, intro-duces the game-changing "Startup India" initiative. This bold move recognizes the latent talents of Indians and their eagerness to contribute to national growth. Despite many nur-turing dreams of starting their own businesses, financial hurdles often stand in their way. Enter Startup India, a supportive platform that aims to empower aspiring entrepreneurs, helping them turn their concepts into successful ventures. By fostering an environment where creativity flourishes, this initiative not only boosts economic progress but also ele-vates India's global standing. Through Startup India, the government is unlocking the na-tion's potential, steering it towards a brighter and more prosperous future for all. The term 'Incubation' originates from the Latin word 'incubation', which the an-cient Romans used to describe a practice of nurturing basic ideas until they blossomed into grand visions over time. When we talk about business start-up incubators today, we're borrowing and adapting the concept from medicine. These are places that support new ventures during their vulnerable early stages by offering physical spaces, communication tools, social connections, and access to funding. Being associated with an incubator and its sponsors also brings credibility and respectability to these startups. Moreover, incubators provide expert guidance and support from professionals to help these ventures thrive (Smilor & Gill, 1986; Aernoudt, 2004; Bollingtoft & Ulhoi, 2005).It's reported that the idea of business incubators started in the USA back in 1959 and then spread to Europe, South Korea, and other places in the late 1900s. In India, the government was quick to jump on board with the concept, launching a big nationwide pro-gram for business incubation in 2000 under the National Science and Technology Entre-preneurship Development Board (NSTEDB), which falls under the Department of Science & Technology, Government of India (NSTEDB Report, 2009).
This document discusses agri startups in India, including their prospects and challenges. It begins with providing context on India's agricultural sector and food processing industry. It then defines what a startup and agritech startup are. The document outlines the objectives of studying agritech startups in India and their innovative solutions. It discusses the current scenario of agritech startups in India, including key states, sources of funding, and government initiatives to support them like Startup India. The prospects of agritech startups include employment generation, supply chain streamlining, and resource minimization. However, challenges include lack of financial services, long gestation periods, and government regulations. The document concludes with strategies to promote agritech
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.,
The document discusses Indian start-ups, including their definition, ecosystem, opportunities and challenges. It notes that the number of start-ups in India has grown significantly in recent years, with over 9,000 start-ups as of 2019 representing a variety of sectors such as healthcare, finance, education and retail. While securing funding and building a strong team are ongoing challenges for entrepreneurs, opportunities exist in developing solutions for India's large population across areas like agriculture, manufacturing and software. Government initiatives like Startup India and Digital India also aim to support the growth of the startup industry.
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This document provides an overview of issues, challenges, and opportunities for Indian startups. It begins with defining startups and outlining government initiatives to support them, such as Make in India, Stand Up India, and Digital India. It then discusses the growing startup ecosystem in India, noting there are over 800 new tech startups per year. However, startups also face challenges such as a lack of skilled talent, difficulties raising capital, and sustainability issues. The document reviews relevant literature on startup challenges and concludes with an analysis of the key issues and challenges Indian startups encounter.
Focus: Innovation and Technical Capability
Innovation and technical capability have been the key drivers of economic growth. Countries which have focused on research and adopted changes have seen faster economic progress than countries which have not. In the past, India has been ranked low on research and development and the challenges related to design, innovation, patent filing and a supportive start-up ecosystem have hampered India’s economic progress.
The Indian Government and the Industry recognize that disruption through convergence of technology and enterprise can be a game-changer for the economy and society. The recent demonetisation drive by the Government of India, in a way, has inaugurated a Fintech revolution. Innovations in the financial technologies such as digital payment gateways and mobile wallets by a host of home-grown ventures are transforming the present financial landscape by offering more transactional agility and transparency.
Cluster development aims to enhance the productivity and competitiveness of small and medium enterprises through economies of scale. India has over 350,000 small enterprises clustered in sectors like textiles, metals, food processing and others. Clusters provide opportunities for mutual learning, knowledge sharing and access to common facilities. However, clusters require state intervention for long-term sustainability since benefits may not be immediately visible. The Ministry of Small Scale Industries initiates various programs to promote technology upgrades, access to finance, skills and market linkages for clusters across India.
This document discusses agri startups in India, including their prospects and challenges. It begins with providing context on India's agricultural sector and food processing industry. It then defines what a startup and agritech startup are. The document outlines the objectives of studying agritech startups in India and their innovative solutions. It discusses the current scenario of agritech startups in India, including key states, sources of funding, and government initiatives to support them like Startup India. The prospects of agritech startups include employment generation, supply chain streamlining, and resource minimization. However, challenges include lack of financial services, long gestation periods, and government regulations. The document concludes with strategies to promote agritech
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.,
The document discusses Indian start-ups, including their definition, ecosystem, opportunities and challenges. It notes that the number of start-ups in India has grown significantly in recent years, with over 9,000 start-ups as of 2019 representing a variety of sectors such as healthcare, finance, education and retail. While securing funding and building a strong team are ongoing challenges for entrepreneurs, opportunities exist in developing solutions for India's large population across areas like agriculture, manufacturing and software. Government initiatives like Startup India and Digital India also aim to support the growth of the startup industry.
Introduction to Agribusiness and Innovation Platform @ ICRISATFundaciat
The document discusses the Agribusiness and Innovation Platform (AIP) at ICRISAT and its Agri-Business Incubation (ABI) Program. The ABI Program incubates agribusiness ventures in various sectors like seed, farm, biofuel and innovative ventures. It provides technical and business support services and has impacted over 650 entrepreneurs. The ABI is financially sustainable and has facilitated the commercialization of over 30 technologies, generating direct employment for over 800 people.
This document provides an overview of issues, challenges, and opportunities for Indian startups. It begins with defining startups and outlining government initiatives to support them, such as Make in India, Stand Up India, and Digital India. It then discusses the growing startup ecosystem in India, noting there are over 800 new tech startups per year. However, startups also face challenges such as a lack of skilled talent, difficulties raising capital, and sustainability issues. The document reviews relevant literature on startup challenges and concludes with an analysis of the key issues and challenges Indian startups encounter.
Focus: Innovation and Technical Capability
Innovation and technical capability have been the key drivers of economic growth. Countries which have focused on research and adopted changes have seen faster economic progress than countries which have not. In the past, India has been ranked low on research and development and the challenges related to design, innovation, patent filing and a supportive start-up ecosystem have hampered India’s economic progress.
The Indian Government and the Industry recognize that disruption through convergence of technology and enterprise can be a game-changer for the economy and society. The recent demonetisation drive by the Government of India, in a way, has inaugurated a Fintech revolution. Innovations in the financial technologies such as digital payment gateways and mobile wallets by a host of home-grown ventures are transforming the present financial landscape by offering more transactional agility and transparency.
Cluster development aims to enhance the productivity and competitiveness of small and medium enterprises through economies of scale. India has over 350,000 small enterprises clustered in sectors like textiles, metals, food processing and others. Clusters provide opportunities for mutual learning, knowledge sharing and access to common facilities. However, clusters require state intervention for long-term sustainability since benefits may not be immediately visible. The Ministry of Small Scale Industries initiates various programs to promote technology upgrades, access to finance, skills and market linkages for clusters across India.
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1) While India has the human capital and resources to leverage new technologies like AI, machine learning, and IoT, its spending on R&D as a percentage of GDP is still low compared to other countries. The industry sector in particular needs to increase its investment in technology and innovation.
2) CII has been promoting technology adoption in Indian industry through various programs and platforms. It is also partnering with the government on initiatives to facilitate industry-academia collaboration and international joint R&D projects.
3) For India to fully capitalize on new technologies, both industry and start
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Start-up and entrepreneurship promotion is a clear priority for the Indian government to fuel economic growth and provide much needed jobs. However, as a recent study by the Planning Commission highlights, gaps remain in the Indian start-up eco-system: Apart from challenges in access to capital, the current support and incubation system is not sufficient to strengthen entrepreneurship in the country.
Currently, there are around 220 incubators in India. Looking
at the demand, incubation capacities need to increase to
1,000 incubators by the year 2020.
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The Indian startup ecosystem, once in its nascent stages, has now matured into a thriving hub, attracting global attention and substantial investments.
The document discusses the Indian startup ecosystem. It provides an overview of key trends in the Indian startup landscape and funding environment in 2016. Some highlights include an estimated 4,750+ tech startups in India, with around 1,400 new startups incorporated in 2016. Total funding amounted to $3.8-4 billion, down from 2015 but with around 8% more startups receiving funding. Bengaluru, Delhi-NCR and Mumbai accounted for about 70% of Indian startups. Emerging areas drawing investor interest included financial technology, education technology, healthcare technology, and cloud/analytics solutions.
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What they are offering?
Government support
Recommendations
Conclusion
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- Challenges discussed include the need for India to develop a more structured innovation process within industry, and to better support innovation among SMEs and startups through improved policies, funding, and entrepreneurial infrastructure.
The document discusses startups in India, including defining startups as high-risk, high-growth businesses in their early stages. It notes that India has over 90,000 recognized startups, making it the third largest startup ecosystem globally. Key government initiatives to support startups are also summarized, such as Startup India which aims to simplify regulations and increase funding. The top challenges facing Indian startups are identified as lack of planning, execution, innovation, funding, and mentorship.
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Startup Incubation in Agriculture Sector.pptx
1. Startup Incubation in Agriculture in
Indian Context
Doctoral Seminar I on
Course In-charge
Dr. Aditya Sinha
Dept. of Extension Education
BAC, Sabour
Major Advisor
Dr. Anil Paswan
Dept. of Extension Education
BAC, Sabour
Presented by
Pappu Kumar Yadav
Ph.D. (Semester-3rd)
Roll. No- D/EXTN/3410/2022-23
Dept. of Extension Education
BAC, Sabour
Bihar Agricultural University, Sabour, Bhagalpur- 813210
2. Structure of the Presentation
01
04
02
05
03
06
Indian Agriculture
Startup
Agri-Startup
Startup Incubation
Incubation Scenario in Bihar
References
4. Introduction to Indian Agriculture: Significance
in the Indian Economy
Agriculture plays a vital role during the initial stage of economic
transformation. The growth of the agricultural sector is a precondition for
the growth of all other activities.
Employment: Over 70% of rural households depend on agriculture
for their livelihood. However, the workforce in this sector is often
seasonal, under-employed, and underpaid.
GDP Contribution: Agriculture contributes approximately 18.3% to
India’s total GDP. Despite challenges, it remains a critical sector for the
country’s long-term and inclusive economic growth (PIB, 2023).
Impressive Growth: Indian agriculture has witnessed impressive
growth over the last few decades, reflecting its resilience and
adaptability.
Source- https://rb.gy/t26nt9
5. Opportunities for Advancements:
Technological Solutions: Adoption of precision agriculture,
IoT devices, drones, and AI-powered tools can enhance
productivity and efficiency.
Financial Support: Government schemes, subsidies, and
private investments can provide financial resources for
modernization.
Climate-Smart Agriculture: Implementing practices like
conservation agriculture, water-saving techniques, and resilient
crop varieties can mitigate climate risks.
Market Innovations: Developing value chains, promoting agri-
entrepreneurship, and leveraging e-commerce platforms can
improve market access and profitability.
6. Challenges in Indian Agriculture: Current Scenario
Lack of Modernization: Outdated farming practices and
limited adoption of modern technologies.
Small Landholdings: Fragmentation of land holdings leads to
inefficiencies in farming, lower economies of scale, and
challenges in accessing credit and technology.
Climate Change Impact: Climate variability, erratic weather
patterns, and natural disasters like floods and droughts pose
significant threats to agricultural productivity.
Market Access Issues: Limited market infrastructure, price
volatility, and lack of efficient value chains contribute to
challenges in accessing markets and obtaining fair prices for
farmers' produce.
Source- https://rb.gy/qyzuc2
Source- https://rb.gy/md0r2g
8. A startup is a newly established business venture,
typically characterized by innovation, scalability,
and a high growth potential. Startups are often
associated with technology, disruptive business
models, and a focus on addressing market gaps or
solving specific problems (Shane and Venkatraman,
2020).
Startup means an entity, incorporated or registered
in Indian not prior to 5 years, with annual turnover
not exceeding Rs. 25 crore in any preceding
financial year, working towards innovation,
development or commercialization of new product,
processes or services driven by technology or
intellectual property (DPIIT, 2016).
Startup
9. 1 Lakh +
Startups
recognized
by DPIIT
12.42 Lakh
Jobs reported by
39,000+ startups
670+
Districts with
atleast one
recognized
startup
48%
of the
recognized
startups have
at least one
woman director
30
States and
UTs have a
dedicated
startup policy
Rs 4,509 Crore
of investments made in
384 startups through the
Fund of Funds scheme
53,226
orders received
by startups with
a value of over
Rs 2,279 Crores
through GeM
portal
39
regulatory
reforms enabled
with the help of
various Ministries
319
eligible
startups have
been granted
exemption under
80-IAC of the
Income Tax Act
STARTUP INDIA IN NUMBERS (JAN 2016-DEC 2023)
(Source- DPIIT Report, 2023)
10. The Action Plan
SIMPLIFICATION & HANDHOLDING
Startup India Hub
Rolling out of mobile app and portal
Legal support and fast-tracking patent examination at lower costs.
Relaxed norms of public procurement for startups
Faster exit for startups
INDUSTRY-ACADEMIA PARTNERSHIP & INCUBATION
Organizing startup fests for showcasing innovation and
providing a collaboration platform.
Launch of Atal Innovation Mission (AIM) with Self Employment
and Talent Utilization (SETU) programme
Harnessing private sector expertise for incubator setup
Building innovation centers at national institutes
FUNDING SUPPORT & INCENTIVES
Provision of funding support through a Fund of Funds with a corpus of
Rs 10,000 crore
Tax exemption on capital gains
Tax exemption to startups for three years
Tax exemption on investments above fair market value
Key
Pillars
Startup India Report (Up to 2023)
12. • India is the second-largest agricultural
landholders with around 50% of Indians are
making their livelihood from agriculture so the
role of agri-startups is so crucial in creating
opportunities for peoples (Surliya et al., 2021).
• Agri-startups are defined as innovative
enterprises operating in the agriculture sector
that utilize technology, data analytics, and novel
business models to address challenges and create
opportunities for sustainable growth, efficiency,
and resilience in farming practices and agri-
related activities (Singh et al., 2020).
• Startups in the field of agriculture and it’s allied
sector is known as Agri-Startup.
Agri-Startup
13. Driving Innovation
Introducing Efficient
Farming Techniques
Resource Optimization
Promoting Value Addition
In Agricultural Products
Enhance Productivity
Profitability
Food Security
Climate Change
Adaptation
Need
(Liu et al.,2020)
14. Funding Sources
In the beginning, expenses
are more than the revenues
Because of more expense, they
require financing
They can be funded from
different sources
Source- http://surl.li/rsddq
Source- http://surl.li/rsdgk
15. Personal Investment
Most appealing source of
financing, using own money to
jumpstart business and don’t owe
anyone else in the process.
Crowdfunding
This involves funding a business
by taking small amounts of
capital from a large number of
people, usually via the internet.
Angel Investors
Wealthy individuals who will
provide funding in exchange for a
share of equity in the startup.
Venture Capital
Venture capitalists are all about the
money, and only invest in businesses
that have the potential of providing
good returns on their investment
Bank Loans
Bank loans are a popular source of
funding for many startups.
Startup Incubators & Accelerators
Early stage businesses can consider
Incubator and Accelerator programs
as a funding option. Found in almost
every major city, these programs
assist hundreds of startup businesses
every year.
17. Startup Incubation: An Overview
HISTORY:
The formal concept of incubation began in the USA in 1959
when Joseph Mancuso opened Batavia Industrial Center in
Newyork..
It expanded in the US in 1980s and spread to the UK and
Europe through various related forms (innovation centers,
science park).
Batavia Industrial Center (Now)
In order to build a solid and sustainable startup foundation,
one needs expert guidance and hand holding. In the start up
world we call them incubators and the process is called
incubation.
18. The startup scene in India is on a rise like never
before
Incubators are technology-driven enterprises that accelerate the commercialization of
innovations and research outputs, boosting the growth and survival rate of technology-based
startups from 30% to 70% (NSTEDB, 2016a).
Incubators in creating a supportive environment for startups, facilitating knowledge
exchange, and promoting collaboration among entrepreneurs, investors, and industry experts
(De Clercq et al., 2022).
Startup incubation supports entrepreneurs in developing startup ideas, refining models,
accessing funding, and building sustainable ventures through activities like startup
planning, market research, product development, and networking (Hackett & Dilts, 2023).
Agri-Startup incubation nurtures innovative agricultural startups, supporting their growth
and success by creating a conducive ecosystem for developing, testing, and scaling ideas,
technologies, and business models in agriculture.
20. How do they help?
Many companies lack the necessary networks and
expertise to ensure optimal growth and success for
their business.
Startup incubators play a crucial role in assisting
these companies in achieving growth and success.
25. Some of Key Incubator and
Accelerator for Agri-Startup in India
26. AGRI UDAAN
AGRI UDAAN is India’s 1st Food & Agribusiness accelerator organised by
NAARM, a-IDEA and IIM-A, CIIE in partnership with Caspian Impact
Investment and supported by DST.
The impact of AGRI UDAAN includes that 200 agribusiness startups have
applied for the accelerator program, 40 startups mentored, end to end
capacity for 8 startups in their value chain and 3 out of 8 startups mentored
received a total of funding worth ~2.5 Cr INR.
The impact of CIIE includes 500 ventures trained, incubate or
accelerated, 3000 jobs generated, 100 startups seed funded and many
more.
It has launched a food and agri-business accelerator in partnership
with a-IDEA- the business incubator at National Academy of
Agricultural Research Management (NAARM).
Centre for Innovation
Incubation and
Entrepreneurship
(CIIE)
27. a-IDEA (Association for Innovation Development of
Entrepreneurship in Agriculture), is a Technology Business
Incubator (TBI) hosted by ICAR- National Academy of Agricultural
Research Management, Hyderabad (ICAR- NAARM) & Department
of Science & Technology, Govt. of India (DST, GOI).
a-IDEA
(Association for Innovation
Development of
Entrepreneurship
in Agriculture
International Crops
Research Institute for
the Semi-Arid
Tropics (ICRISAT)
In December 2002, the International Crops Research Institute for the
Semi-Arid Tropics (ICRISAT), a non-profit organization, joined forces
with the Department of Science & Technology (DST), an Indian
government agency, to develop an agribusiness incubator (ABI) at
ICRISAT.
28. Agri-Tech Start-
up Accelerator
CIE, Hyderabad
IIIT-Hyderabad and National Institute of Agricultural Extension
Management (MANAGE) have signed an MoU to start an Agri
tech startup accelerator programme.
The Agri Tech Startup Accelerator Programme will identify,
support and facilitate idea-stage enterprises using latest
technologies and innovations to solve agriculture specific issues
faced in India.
Source: NASSCOM, 2018b; FICCI, 2018
30. RKVY-RAFTAAR - KPs
North East Agriculture Technology Entrepreneurs Hub (NEATEHUB) is
an Agribusiness incubator of Assam Agricultural University. It has been
recognized as an “Atal Incubation Centre” by NITI Aayog and also as a
knowledge partner under the RKVY-RAFTAAR scheme.
Pusa Krishi is an agriculture innovation hub known for its world-class
technology, deep sector knowledge, and transformational impact
Ministry of Agriculture & Farmers’ Welfare, Government of India for
the biggest agri-business incubation scheme RKVY-RAFTAAR
The center's main focus is to promote the development of innovative
products of Start-ups, which cater to the most disruptive problems in
the agricultural sector. It aims at creating more employment
opportunities and wealth creation, thus adding to the inclusive growth
of the country’s GDP.
31. RKVY-RAFTAAR – (R-ABI)
IGKV R-ABI is an agri-innovation hub and agri-business incubation center of
Indira Gandhi Krishi Vishwavidyalaya, Raipur Chhattisgarh, India. It is
supported by the Department of Agriculture, Cooperation & Farmers Welfare,
Ministry of Agriculture & Farmers Welfare, Govt. of India, New Delhi under the
RKYV-RAFTAAR Scheme.
UTKARSH-PDKV, Agri-Business Incubation Centre, Dr. Panjabrao Deshmukh
Krishi Vidyapeeth, Akola established under the Rashtriya Krishi Vikas Yojna
(RKVY) is in order to promote agripreneurship and agribusiness by providing
financial support and nurturing the incubation ecosystem.
Sabour Agri Incubators (SABAGRIs) seeks to identify, incubate and assist
start-ups whose business models have relevance for rural, social impact, and
farmer’s perspective and networking for providing solutions to agro and
allied business.
32. THRUST AREA
OBJECTIVES
FACILITIES
Centre for Agribusiness Incubation and Entrepreneurship (CAIE)
Rajmata Vijayaraje Scindia KrishiVishwavidyalaya, Gwalior
Supported By: National Bank For Agriculture And Rural Development
Agribusiness, Farm Management, Service
Sector, Food Processing, Biotechnology, etc.
Petroleum products from plastic waste,
Antiseptic ointment from herbal waste,
Herbal Drinks, Biogas from aquatic weeds
Agri-business incubation and creation of a
dynamic ecosystem
TECHNOLOGIES
COMMERCIALIZED
Coworking spaces, skilling, mentoring,
processing and product prototype
development labs.
33. THRUST AREA
OBJECTIVES
FACILITIES
TechnologyIncubationCenter
Lala Lajpat Rai University of Veterinary and Animal Sciences, Hisar
LUVAS FMD-Loss Calculator, Haemorrhagic
Septicaemia Diagnostc Kit (Patent #432740)
Technical and handholding support for micro food
processing enterprises, FPOs/SHGs and
Cooperatives
TECHNOLOGIES
COMMERCIALIZED
Coworking space, mentoring and laboratory
support for product development
Dairy and Meat Technology,
Diagnostics, and Feed Technology
34. THRUST AREA
OBJECTIVES
Startup Incubation and Entrepreneurship Development Society
(Pant STRIEDS)
GB Pant University of Agriculture and Technology Pantnagar
Supported By: Startup Uttarakhand, Government of Uttarakhand
Food Processing and Agriculture
To mentor and incubate
emerging startups
FACILITIES
Grinding of cold pressed wheat & multi grain flour
using water powered mills by
M/5 KB System Private Ltd.. Phosphorus rich organic
manure for use in organic farming by M/S Tarai Gold
Chemicals Pvt. Ltd
Medicinal and aromatic plant based organic products
by M/S Kimalava Naturals Private Ltd.
35. THRUST AREA
OBJECTIVES
Center for Startup Facilitation
Dr. Rajendra Prasad Central Agricultural University, Pusa, Bihar
To develop agripreneurial ecosystem in Bihar
Agriculture
Supported by: RKVY-RAFTAAR
FACILITIES
Coworking space, mentoring and laboratory
support for product development
36. THRUST AREA
Sabour Agri Incubators (SABAGRIS)
Bihar Agricultural University, Sabour Bhagalpur
Supported by: RKVY-RAFTAAR
Entrepreneurship and Business Creation in
Agriculture and allied Sector
OBJECTIVES
To nurture potential agripreneurs by providing
training cum internship with other startups to
provide them practical, technical and business
insights
Coworking space, mentoring and laboratory
support for product development
FACILITIES
39. Bihar: Incubation and Mentorship Support
Incubation and Mentorship support is provided to
States/UTs in the form of financial and
infrastructural support to Startups and State-
supported incubators.
The State understands the importance of Incubation
Centers for Startups.
The Bihar Startup Policy 2022 lays down the
financial assistance for setting up of new incubators
(both physical and virtual) and expanding State
supported Incubators.
State Performance
~50
20+
Registered Mentors
State Supported
Incubators functioning
40.
41. Venture Park collaborates with the Government of Bihar and investors to
provide capital support to deserving entrepreneurs. The incubator offers
state-of-the-art co-working spaces that facilitate the exchange of
knowledge and information among startups from diverse domains,
including agriculture technology, education technology, e-commerce, and
service aggregation.
AIC-Bihar Vidyapith – AIC Bihar Vidyapith, supported by Atal Innovation
Mission and NITI Aayog, is dedicated to building a robust startup
ecosystem in Bihar. As the Business Incubation Center of the Department of
MSME, Government of India, they focus on nurturing grassroots
innovations and supporting startup founders in achieving their goals.
Incubation Centre IIT Patna – The incubator at IIT Patna is a collaborative
effort between the State Government of Bihar and the DeitY Government
of India, with the former providing matching funds and the support.
42. Bihar Entrepreneurs Association is a non-profit organization that was
established in 2011 and has grown to include 18,000 members who work
voluntarily at the block and district level to promote entrepreneurship
and innovation on a global scale. The association has city and
international chapters and has conducted 100 Startup Yatras and over
250 workshops, engaging in one-on-one interactions with more than 1.5
lakh youth over six years.
Source- https://startup.bihar.gov.in/startup-cell-and-incubators-list
SABAGRIs has launched a “Startup Agri-Business Incubation Program &
Agripreneurship Orientation Programme” to promote agri-startups by
providing a grant-in-aid of up to Rs.25 lakhs. This seed funding is available
to potential startups that have a minimum viable product (MVP) based on
innovative solutions, processes, products, services, or business models in
the agriculture and allied sector.
44. Startup
Name
Person
Associated with
Programme
Associated with
About the Startup
Abhijeet Narayan
SABSWAVLAMBI
(SAIP-I) 2019-20
Indoor Pollution control through NASA Approved
Plants, selling through malls & super markets with
of door-step delivery along with mail services (a
complete package of household plantation)
Abhinav Anand
Agripreneurship
Orientation Program-I
(SABUMANG)
Manufacturing and marketing of fortified Atta and
helping consumer to take care of lifestyle diseases.
Ajit Kumar
Startup Agri-Business
Incubation Program-III
(SABSWAVLAMBI)
Manufacturing and marketing of AI-driven device
for farm surveillance, crop protection &
management along with clean energy based farm
equipment & machinery for small and marginal
farmers to reduce input cost.
45. Startup
Name
Person
Associated
with
Programme
Associated with
About the Startup
Santosh Kumar
Startup Agri-
Business Incubation
Program-I
(SABSWAVLAMBI)
Anand Sagar Natural Dairy Farm Pvt. Ltd. Working on
integrated Sahiwal cow rearing value chain to increase
the income of small dairy producers and provide
premium quality milk to the health-conscious urban
households. Maintaining the supply chain through
Block-chain technique
Aradhana
Kumari
Agripreneurship
Orientation Program-
III (SABUMANG)
IoT, ICT services for maintaining poultry farmer and
providing logistics for supply chain management
through digital Platform by aggregating all the
stakeholders of poultry business.
Source- https://www.sabagris.com/startup-funded-startups
46. References
• Anupam, A., & Saravanan, R. (2019). Agritech Startups: The Ray of Hope in Indian Agriculture.
Discussion Paper 10, MANAGE-Centre for Agricultural Extension Innovations, Reforms and
Agripreneurship, National Institute for Agricultural Extension Management (MANAGE),
Hyderabad, India.
• Hackett, S., & Dilts, D. (2023). Startup incubation: A review and research agenda. Journal of
Business Venturing, 38(1), 101225.
• PIB, GoI, Ministry of MSME, (2020). Champions Portal based on ICT operationalized to help
MSMEs utilize opportunities, Dec 31, 2020.
• Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of
research. Academy of management review, 25(1), 217-226.
• Singh, A., Singh, R., & Kumar, A. (2020). "Role of Agri-Startups in Transforming Indian
Agriculture: A Review." International Journal of Current Microbiology and Applied Sciences,
9(10), 2517-2526.
47. WEB References
• Department for Promotion of Industry and Internal Trade (2016), Government of India. (n.d.). "Startup India -
Definition of Startup." Retrieved from https://www.startupindia.gov.in/content/sih/en/startupgov/startup-
recognition-page.html
• FICCI (2018) Agri start-ups: Innovation for boosting the future of agriculture in India. Retrieved from
http://ficci.in/publication.asp?spid=23049
• NASSCOM (2018b). Agritech In India-Maxing India Farm Output. Retrieved from https://www.
nasscom.in/knowledge-center/publications/agritech-india-%E2%80%93-maxing-india-farm-output.
• Surliya, V., Anubhav, & Kiran. (2021, July). Agri start-up in India: opportunities and performance in Indian
context. www.justagriculture.in. https://www.researchgate.net/publication/353257503_Agri_Start-
up_in_India-_Opportunities_and_Performance_in_Indian_Context
• DPIIT. (2023). PRABHAAV-Powering a Resilient & Agile Bharat for the Advancement of Visionary Startups.
Department for Promotion of Industry and Internal Trade. New Delhi: Ministry of Commerce and Industry.
Retrieved 2023, from file:///C:/Users/patel/Desktop/Thesis/Credit/Credit%20Material/Factbook-100K-
Recognitions%2016-23.pdf
48. Failure is an option if the things are not
failing then you are
not innovating enough
All you need passion and
perseverance……
Martin Uzochukwu Ugwu