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APRIL-JUNE 2023

Agripreneurship
Promoting Innovation and
Startup led Growth

/InAgrisearch | /user/icarindia | officialicarindia | www.icar.org.in | /icarindia


(April-June 2023)

02 From The Chief Editor Desk 27 Telangana Sona: Low Glycemic Index Super
Fine Rice from PJTSAU
03 From The Desk of Guest Editor
28 TNJFU Marine Products Business Incubation Forum:
Promoting Entrepreneurship in Fisheries and Aquaculture
04 The Rise of Entrepreneurship in India G Sugumar
Rakesh Chandra Agrawal

30 NIRF Rankings 2023


06 Startup India Standup India: Farm Universities
Nazir A Ganai
31 Institutes

08 How Higher Education Institutions are Building


Entrepreneurship Ecosystem 33 Inculation Cenres
V Geethalakshmi
43 Startups
10 Cultivating Agri-Innovation and Entrepreneurship
in Gujarat 51 Success Stories
K B Kathiria

52 Empowering farmers through new technology and


12 SKUAST-K Innovation Ecosystem: Setting Example innovative solutions: Dr Karan Singh Thakur’s agri-
and Delivering Impact entrepreneural journey
Parvaze A Soli

53 Purple Revolution: Meet Kashmir’s Lavender Lady


14 Agri-Startups: Status and Challenges
S S Vinayagam, S Karingu, P Chandana
BS Yashavanth, G Venkateshwarlu, and C S Rao 53 Innovative Minds: Taking walnut processors
to growers’ doorsteps
18 J&K’s Agricultural Export-Import Policy 2023-30
Sajad H Baba 54 Women empowerment: Dairy farmer changes
fortunes for her family

20 Nurturing Agripreneurial Ecosystem through


Agri Education 54 Entrepreneurial Journey: Self-reliance through
M A A Siddique integrated farming

20 Digital Agriculture: Future of Indian Agriculture 55 Sran Vermicompost Farm: Story of eminence
Dil Mohammad Makhdoom and progress from Punjab

21 SKUAST-K Innovation and Startup Policy 55 Sky is the Limit: Future Belongs to Fisheries Entrepreneurs
Haroon R Naik
56 Niche Crops
22 Building Agripreneurial Ecosystem at Anand
Agricultural University 60 Entrepreneur’s Glossary
M K Jhala and Samit Dutta

24 NEATEHUB: Promoting Entrepreneurship in North


Bidyut Chandan Deka

26 PJTSAU Making Drone Technology a Farm


Implementable Solution
From the Chief Editor’s Desk
young citizens enters the workforce, it could create
economic growth resulting a shift in population’s age
structure, mainly when the working-age population is
larger than the number of dependents. The agriculture
sector will continue to be a major employer in India.
Agritech startups are developing innovative solutions
for various aspects of agriculture, including precision
farming, supply chain management, bio-fertilizer
production, ornamental gardens and market linkages.
These technologies can help improve productivity,
reduce costs and increase the income of farmers. Agri-
trading centres, commercial agri-hubs, etc. are some of
the prospective entrepreneurial areas that can be
extensively tapped on a larger scale.
The significance, importance and need of
agripreneurship is now being realized more and more.
The government as well as NGOs are also supporting
the promotion and development of the same. As a
helping hand for new agripreneurs, incubation centres
provide a wide variety of business and technical
services, including initial seed funding, network
opportunities, lab facilities and advisory services.
These centres help the new-age entrepreneurs and
young minds to transform their innovative ideas into
viable business propositions.
This issue of Agri-Rise mainly focuses on
agripreneurship in different sectors of agriculture. It
contains articles on the rise of entrepreneurship in
I n d i a , c u l t iva t i n g a g r i - i n n ova t i o n , b u i l d i n g
agripreneurial ecosystem, innovation and startup
policy, various incubation centres and startups in
Agripreneurship to Startups agriculture, details of champion farmers and the
glossary related to entrepreneurship. Some success
stories of student entrepreneurs are also included.

T
I believe that this issue of Agri-Rise will be highly useful,
he changing dynamics of the global economy
informative and beneficial for students and other
and the increasing demands of the growing
stakeholders. The editors express their gratitude to all
population require exploring innovative
the authors for developing and providing the articles,
solutions to enhance agricultural productivity, sustain-
especially to Dr Nazir Ahmad Ganai, Vice Chancellor,
ability and profitability. This can be achieved by
Sher-e-Kashmir University of Agriculture and
nurturing an agripreneurial ecosystem through
Technology-Kashmir, Srinagar for compiling this issue
strengthening our agricultural education. Agripre-
as the Guest Editor. We sincerely thank the Hon’ble
neurship is the process of adopting new methods,
Minister of Agriculture and Farmers’ Welfare, Hon’ble
processes, and techniques in agriculture and allied
Ministers of State of Agriculture and Farmers’ Welfare,
sectors for better output and economic earnings. In our
Government of India and Secretary, DARE and Director
country, agriculture and allied sectors offer
General, ICAR for their guidance and support in this
tremendous entrepreneurial opportunities.
activity. We are also thankful to the ICAR-Directorate of
India has the largest youth population in the world and Knowledge Management in Agriculture, New Delhi for
offers both a workforce as well as market. The young all the support in printing this quarterly issue of ICAR-
generation is driving the culture of innovation, Newsletter Agri-Rise.
entrepreneurship and diversity. As this vast resource of

02
From the Desk of Guest Editor
Promotion of entrepreneurship and start-up culture
in academic institutions is a national priority aiming
to build a self-reliant India that seeks to create
additional jobs outside the public sector and translate
research ideas into scalable technologies.
Since the inception of the Institutional Development
Plan NAHEP in SKUAST-K, we have been able to
establish 15 faculty and student start-ups. The
University at present has an idea bank of >250
innovations. Our innovators and student mentors
have been recognized at the national level for their
exemplary performance. Our University startups
range across a diversity of domains from food value
addition, functional foods, farm automation and
machanization, process innovations. This has led to
more than 40 patents being filled and 10 patents
being granted. More than 35 of our innovators have
been able to garner a cumulative seed grant of > 400
lakhs and 33 national awards. The outstanding
achievements have helped the University to secure 1st
Rank in Innovation Category among SAU in NIRF
Innovation ranking 2022 as well as improvement of
th
overall university ranking to 4 best SAU in the
country. The innovation profile of the University is set
to grab greater extramural funding for research and
innovation, having received one major research grant
under PURSE recently. We as an institution are
developing model systems for new age agri-
education as a major push for regional and national
farm economy by creating next-gen leaders that can
drive the change towards a broader national goal of
improving livelihood, profitability and sustainability
of the farm sector.
This issue of Agri-Rise contains expert perspectives,
case studies and success stories to pitch the case for
mainstreaming the entrepreneurship and startup
ecosystem in the country. India has already emerged as
the Startup capital of the world and under the mission

I t is highly satisfying that SKUAST-K is leading the Startup India with a financial outlay of 10,000 crores,
compilation of this special issue of AgriRise on the the country has already 99,380 DPIIT registered
theme “Agripreneurship”. This role is the Startups. However, most of such efforts are coming
testimony of ICAR’s appreciation of our path- from IITs and non-farm sector. There is a need to infuse
breaking efforts towards mainstreaming Startup culture in the farm sector through NARS and
Entrepreneurship and Startup culture in the SAU’s to create solutions for the local and national
University. SKUAST-K’s growth and promotion of I trust and believe that this document is able to cover
entrepreneurship aptitude among faculty and the Startup landscape of SAU’s in India and help
students have been phenomenal. Strong policy shift, identify the bottlenecks and opportunities for
administrative will, and institutional mechanisms creating an Atmanirbhar Bharat through Innovation,
together have created an enabling entrepreneurial Incubation, and Startups.
ecosystem in the University.

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PROSPECTS

Rakesh Chandra Agrawal

The Rise of Entrepreneurship in India

E ntrepreneurship is critical for economic growth


and development because it drives innovation,
creates jobs, and boosts competitiveness.
Entrepreneurship has played a significant role in
India's economic growth, by creating jobs for millions,
Entrepreneurship Monitor (GEM) India's
entrepreneurial activity (adults aged 18–64, starting or
running a new business) rose to 14.4% in 2021
compared to 5.3% in 2020, with a concomitant increase
in business ownership to 8.5% in 2021 from 5.9% in
contributing to the diversification of the economy, and 2020. This increase in early-stage entrepreneurial
creating new markets and opportunities for foreign activity in India in 2021 has been propelled by pent-up
investment . As India enters its 77 t h year of demand and subsequent opportunities, as well as
independence, it is time to acknowledge the enabling ecosystem and institutional and policy support
contribution the country has made to the global by the government.
entrepreneurial ecosystem. From just an emerging
India is gradually establishing a robust startup
market, India has consolidated its position as the third
ecosystem. The government set up a ministry that
largest in the world today with over 99,000 DPIIT-
focuses on helping new businesses in order to promote
recognized startups across 670 districts of the country
and support entrepreneurs. Several policy and
including > 100 unicorns (valuations of US$ 1 billion or
institutional initiatives including the provision of seed
more) with a total valuation of $ 340.80 billion
capital and financial assistance to startups, the
emerging in the last decade. Since 2017-18, the number
establishment of incubators and accelerators to provide
of unicorns has been increasing exponentially, with a
mentoring, networking, and resource access towards
whopping 66%. In 2022 alone, 42 technology-led start-
ideation and product development. The major policy
ups have been added to the list. These startups span
support system created by union government to
across diverse sectors and industries ranging from
promote the entrepreneurial ecosystem in India
fintech to agri tech to health tech and many more,
includes;
attracting global investors and venture capital. The
growth of India as a major start up hub in the last two Startup India Action Plan (2016): For promoting
decades is mainly due a rapid transition from being an simplification and handholding, funding support and
IT services and business process outsourcing hub to incentives and industry-academia partnership and
becoming a significant R&D centre. The growth has incubation.
also been led by the changes in talent landscape, with
Fund of Funds for Startups (FFS) Scheme: Established
most of new age entrepreneurs emerged from non-
with a corpus of ₹10,000 crore. Monitoted by DPIIT, and
business families. India ranks 2nd in innovation quality
executed by SIDBI, to make capital available for startups
with top positions in the quality of scientific
at the seed and growth stages, as well as raising the
publications and the quality of its universities among
domestic capital, reducing reliance on foreign capital,
middle-income economies. The Indian Startup
and encouraging homegrown and new venture capital
Ecosystem has seen exponential growth in past few
funds.
years (2015-2022), with 15X increase in the total
funding of startups, 9X increase in the number of Credit Guarantee Scheme for Startups (CGSS): To provide
investors and 7X increase in the number of incubators guarantees on loans made to DPIIT-recognised startups
by Scheduled Commercial Banks, Non-Banking Financial
The evolution of Indian entrepreneurship dates back to
Companies (NBFCs), and Venture Debt Funds (VDFs)
Rigveda, when metal handicrafts were prevalent in
under SEBI-registered Alternative Investment Funds.
society. However, the rise of entrepreneurship culture in
India is a relatively recent phenomenon, having taken off Regulatory Reforms: Since 2016, the government has
in the early 2000s, largely driven by the growth of the implemented over 50 regulatory reforms to improve
Indian economy, the availability of venture capital, the the ease of doing business, the ease of raising capital,
emergence of incubators, and the availability of a large and the compliance burden on the startup ecosystem.
pool of talented individuals who have contributed to the
Ease of Procurement: To relax the prior turnover and
growth of entrepreneurship in India and has opened up
prior experience in public procurement requirements
greater opportunities for entrepreneurs to start their
for all DPIIT-recognized startups, subject to meeting
own businesses. According to the Global

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quality and technical specifications, as well as creation of products, solutions, and services with commercial
Government e-Marketplace (GeM) Startup Runway for value. Improved education and research ecosystem
startups to sell products and services directly to the coupled with digital and other technologies are playing a
government. very important role in creating a vibrant business
environment. The emergence of new avenues of funding
has also changed the landscape, with non-banking
financial companies (NBFCs), angel funders, private
Entrepreneurship and National Development equity and venture capitalists providing working
India is contemplating to be the 3rd largest economy by capital. The government’s resolve to promote
2047 and emerge as VishwaGuru leading the global entrepreneurship has been also reflected in NEP-2020
innovation and discovery market. Science and that focuses on bridging the skill divide and help country
technology is expected to drive national economy in create a vibrant skilled manpower under the SKILL
future. This will create wealth, employment, livelihood INDIA flagship programme. In this context, ICAR has
and generate capital for social development. More than also embraced the change and is reorienting the
that, it will also drive several transformations for academic landscape in SAU’s to fuel such changes and
national development such as; ensure that agriculture emerges as a key sector for
(i) Innovation: entrepreneurship relies heavily on entrepreneurship and startups. The education system in
innovation. New-age entrepreneurs heavily SAU’s needs reorientation towards creating social
embrace technology and business model capital by driving innovation and translational research,
innovations and not only bring technological upscaling the innovation products and services into
innovation, but also pioneer new business business prepositions and fostering linkages with
structures. Innovation facilitates the market, industry and service sectors to drive potential markets
opens up new prospects, and increases as well as achieve the scale of economy.
consumption. As a result, entrepreneurship is

T
he bottom line
crucial for fostering innovation.
(ii) Re s e a rc h a n d D eve l o p m e n t : I n n ova t i o n
progresses through research and development.
When an entrepreneur develops innovative ideas As India enters its 77th year of independence, it is time to
and turns them into a business, they must acknowledge the contribution the country has made to
constantly innovate to stay competitive. the global entrepreneurial ecosystem. Entrepreneurship
in India has been promoted not just to create successful
(iii) Employment: Employment is critical for the growth
businesses, but creating innovative solutions that bring
of any economy. A low employment rate is an
benefits to both business and society. It requires foresight,
indication of poor economy and an economy must
dedication and most importantly, the willingness to take
create more jobs and salary opportunities. In this
risks. Entrepreneurship in India has been the driving
context, the scale of an entrepreneurial entity is
force behind the country's rise to become a global
important as that defines its capacity to create jobs
economic powerhouse, with its potential to create jobs
and wage opportunities.
a n d s t i m u l a te e c o n o m i c g ro w t h . T h e I n d i a n
(iv) Social Development: Social entrepreneurship is a entrepreneurial system should embrace Resilience,
modern notion that encourages entrepreneurs to Innovation, Customer Focus, Risk-taking, and
effect social change. Crowdfunding companies are Adaptability. The start-up ecosystem is booming in India
typically involved in social activity, such as due to, (a) Emerging markets , (b) Increased political will
generating funds for non-profit organizations and and Government support, (c) Technological innovations,
impacting the society. A prosperous society makes (d) Changing mindset towards entrepreneurship,
the path to community development easier. As a however, the major challenges in growth of startup
result, the necessity for entrepreneurship in India culture in India including the availability of skilled
is critical since it combines social reform with manpower, funding, policy frameworks, marketing value
economic development. chains and competitive ability of Indian startups
Education as a major driver of advantage with big companies have to be taken care of by
entrepreneurial growth offsetting the implications of system bottlenecks. The
matra of Ease of Doing Business holds great value in
Education plays a very important role in driving the promoting the Deputy Director General
Entrepreneurship (Agri. Education)
ecosystem in India
g ro w t h o f e n t re p re n e u r s h i p . T h e g ro w t h o f towards larger goal Indian Councilnational
of fostering of Agricultural Research
development.
entrepreneurship is undoubtedly propelled by Email : ddg.edu@icar.gov.in
innovation and translational research that generates

05
PROSPECTS

Nazir A Ganai

Startup India Standup India


Farm Universities

Agriculture universities possess a wealth of knowledge about local agro-climatic


conditions, crop patterns, and farming practices. This contextual understanding
is invaluable for startups aiming to develop region-specific solutions

I n the last few years, India has witnessed a burgeoning


interest in entrepreneurship and innovation, driven by
initiatives such as the Startup India Standup India
campaign. The flagship program, launched by Hon’ble
Prime Minister Shri Narendra Modi, aims to promote and
innovative ideas into practical solutions, agriculture
universities can not only collaborate with various
agribusinesses but can launch their own startups.
SKUAST-K has a number of such examples, where both
students and faculty have formed startups based on their
support the growth of startups across various sectors, own innovative ideas and research. For fostering this kind
fostering economic development and job creation with of startup ecosystem, the university has come up with
emphasis on women and people from ST/SC categories. many initiatives such as Innovation and Startup Policy
Amid this landscape, agriculture universities have emerged (SISP) on the lines of the National Innovation and Startup
as pivotal contributors to the success of the Startup India Policy. The varsity has the target to become the first
Standup India campaign, particularly in solving critical innovation-led farm university in the country. Similarly, a
problems in the agriculture sector number of other agriculture
while nurturing a culture of universities in the country have
innovation and entrepreneurship. framed their policies towards
fostering agri-entrepreneurship
Agriculture, being the mainstay
and startup culture.
of India's economy, plays an
important role in ensuring food Agriculture universities possess
a n d n u t r i t i o n a l s e c u r i t y, a wealth of knowledge about
providing livelihoods, and local agro-climatic conditions,
contributing to the country's crop patterns, and farming
Endeavour and Prosper
GDP. However, the sector faces a practices. This contextual
number of challenges such as understanding is invaluable for
resource constraints, climate change, post-harvest losses, startups aiming to develop region-specific solutions. By
and inefficiencies in the supply chain. The Startup India sharing their insights, the universities empower startups
Standup India campaign recognises that leveraging to create products and services that are tailored to the
technology, innovation, and entrepreneurship can needs and challenges of specific geographic areas. This
address these issues and revolutionize agriculture and not only enhances the startups' chances of success but
elevate the livelihoods of millions of farmers. Farm also ensures that innovations are relevant and effective at
universities play a vital role in realising this national goal. the grassroot level.
Research and Development, as we know, forms the One of the key roles that agriculture universities play in
bedrock of any innovative ecosystem, agriculture the Startup India Standup India campaign is the
universities, with their extensive experience and nurturing of entrepreneurial talent. These institutions
expertise in farm sciences, are well-equipped to conduct have the infrastructure and resources to provide
ground-breaking research that addresses the sector's comprehensive education and training in
pressing issues. These institutions serve as hubs for agripreneurship. They can offer specialized courses,
scientific exploration, enabling the development of new workshops, and mentorship programs that equip
and improved crop varieties, sustainable farming aspiring entrepreneurs with the skills required to
practices, precision agriculture techniques, and pest navigate the complexities of the agriculture sector. By
management strategies. To translate their research and fostering enabling ecosystem, the universities inspire

06
students and researchers to think creatively and diverse backgrounds. These universities act as bridges,
develop innovative solutions to agricultural challenges. ensuring that innovative ideas reach the right people
At SKUAST-K we have taken several initiatives under and receive the necessary support to flourish.
I D P- NA H E P fo r n u r t u r i n g a g r i p re n e u r s . T h e
Moreover, agriculture universities contribute to policy
establishment of the SKUAST-Kashmir Innovation,
formulation and advocacy efforts that create an enabling
Incubation ad Entrepreneurship (SKIIE) Centre, under
environment for startups in the agriculture sector. By
which trainings, mentoring, incubation facilities and
conducting research on regulatory barriers, market
grants for innovative ideas and research-based startups
dynamics, and technology adoption, these institutions
are provided.
generate evidence-based insights that inform policy
Collaboration is a cornerstone of thriving innovation decisions.
ecosystems, and agriculture universities act as crucial
As India strives to achieve sustainable and inclusive
intermediaries in fostering collaboration between
growth, the role of agriculture universities in fostering
startups, farmers, industry players, and government
startups stands as a beacon of hope, driving positive
agencies. They can facilitate networking events,
change and unlocking the immense potential of
technology transfer platforms, and innovation
agriculture in the country's development journey.
challenges that bring together stakeholders from

Hon’ble Lt Governor of J&K UT, Shri Manoj Sinha felicitating two SKUAST-K innovators, who won The first and
second prizes during the Youth Entrepreneurship Festival at Ganderbal Kashmir

Vice-Chancellor
SKUAST-Kashmir
Email : vc@skuastkashmir.ac.in

07
AGRI BUSINESS

V Geethalakshmi

How higher Education Institutions are


Building Entrepreneurship Ecosystem

E ntrepreneurship plays a significant role in promoting


economic development through innovation, job
creation and an increase in income. India ranks third
in terms of number of startups registered in the world. About
99% of the founders/co-founders of these startups were
Indian Scenario
The Indian education system is the second largest in the world
with 1074 universities and 45,000 colleges with an enrolment
of 4.13 crore students (UGC, 2023). There are 63 State
Agricultural Universities, five Deemed Universities, three
from Higher Educational Institutes (HEIs) and 9% of them
Central Agricultural Universities, four Central Universities
were women entrepreneurs. This is a great break away from
with Agriculture Faculty and a few other institutions under the
the tradition, wherein industrial or business families were
private sector involved in promoting agriculture education.
known to initiate and establish business organizations.
There are about 35,000 faculty members engaged in
Investment and growth in education, to a greater extent,
agriculture education, research and extension, and an
contributed to the increasing number of skilled employees.
estimated three lakh students are pursuing various
Peer and parental pressure on youth was primarily to seek a
Undergraduate, Postgraduate and Doctoral programmes in
safe employment option, preferably in government
these institutions (2020).
organizations. However, in the last decade, there has been
greater thrust towards innovations and startups and few Innovation is measured in terms of the publication of
educated youth have chosen the adventure to become scholarly articles, patents granted, technology
entrepreneurs. This process has to be made robust and commercialisation, revenue generation, consultancy,
available to youth across all regions. research projects, academia-industry linkage etc.
Universities are expanding their academics and also act as
The emphasis on establishing an entrepreneurial ecosystem,
providers of innovation and technologies for their
research parks, incubation centres and institution’s culture in
stakeholders viz., incubators, accelerators, startups,
higher education, has motivated students and faculty
industries, national laboratories, research institutions,
members to convert their research output into products and
FPOs, and state and central government. The majority of
services and establish startups. Thus, education is a key trigger
the technological product development and prototype
for the development of entrepreneurship. It is evident that
products are validated at Universities. Other forms of
higher education aligned with the entrepreneurial ecosystem
promoting entrepreneurial activities in universities are
builds confidence among graduate students to start their
consultancies, capacity-building programs, research and
business ventures.
development; technology transfer and commercialization,
International Scenario ownership of technology/ science parks, incubators, and
staff and student project works.
Globally, academic research and innovation in universities
played a significant role in producing technological TNAU experiences in promoting entrepreneurship
products and promoting entrepreneurship. According to
Students are nurtured to become entrepreneurs through
the McKinsey Global Institute (MGI) report on
courses, capacity-building programs, project works,
entrepreneurship, three pillars that enable innovation and
experiential learning programs and interactions with
entrepreneurship in universities are viz, developing an
entrepreneurs. The Institutional Development Plan (IDP)
innovation ecosystem, creating an entrepreneurial culture
funded by ICAR builds technical and entrepreneurial
and providing sustained financial support for new
competence among the student community. MoUs are signed
ventures. The US Department of Commerce study on
for specific research and product development collaborations.
entrepreneurial universities reported the following five
aspects for promoting entrepreneurship; The Global Conference: Linking Students with
Stakeholders for Demand-Driven Research & Industrial
• Promoting student innovation and entrepreneurship
Internship was organized in 2022. About 75 innovations
• Encouraging faculty innovation and entrepreneurship
from students’ research were displayed and more than
• Actively supporting university technology transfer
800 visitors representing 150 industries/Startups/
and commercialisation
MSMEs witnessed the student innovation expo on both
• Facilitating university-industry collaboration and
days. About 17 Companies came forward to support the
• E n g a g i n g i n re g i o n a l a n d l o c a l e c o n o m i c
students’ innovations by funding for their research,
development efforts
Internships, and collaboration for research through the

08
TNAU Business Incuba on Centres
TBI-ABIS, TNAU, Coimbatore-
Rs.2.5 Cr Supported by DST

NABARD - Madurai Tiruchirappalli


Agribusiness Agribusiness Incuba on
Incuba on Forum Forum (Rs. 2.39 Cr)
Supported by EDII, GoTN
(Rs.12.24 Cr)
Me upalayam Agroforestry
E - YUVA - BIRAC Business Incuba on Forum
(Rs. 2.42 Cr) Supported by
EDII, GoTN

Periyakulam Hor business


Post Harvest Incuba on Forum (Rs. 2.15 Cr)
Technology Centre Supported by EDII, GoTN

Killikulam Agribusiness Incuba on Forum


(Rs. 2.13 Cr) Supported by EDII, GoTN

signing of a Memorandum of Understanding on the market and realising growth is a long process with
application of artificial intelligence and IoT in agriculture many challenges of various dimensions from different
and allied sectors. quarters. Most of the students are put off by this
physically and mentally arduous process and the fear of
TNAU formed the Directorate of Agribusiness Develop-
failure. They seek simpler and smarter ways for growth.
ment in 2007 and eight incubation forums have been
established with specialization in agriculture, horticul- c) Lack of business skills: Students are especially worried
ture, forestry, food processing and biotechnology. These about the business dimension of innovation, primarily
incubation forums not only handhold Startups, but also because they lack skills and experience in managing
commercialize the technologies developed by students various aspects of business, especially marketing and
and faculty members. There are 1303 incubatees across all finance.
the Agribusiness Incubation Forums in TNAU. Over the years
Way Forward
Rs 68 Crores in the form of grants, subsidies and loans have
been distributed to incubatees. About 37 TNAU technologies Starting a business or becoming an entrepreneur will
have been commercialized and 16 innovations of incubates become a favoured choice for students when the traditional
have been patented. employment options are shrinking and on the other side, the
support to students to become entrepre-neurs is
In addition, the establishment of an Agri hub with funding
strengthened and made available widely. The students
from Entrepreneurship Development and Innovation
should be exposed to career options, including scientists,
Institute, Chennai, conducting Agri Business
startups and entrepreneurs at the school level. This should
Management Meet “PRABANDHAZ” every year, Agri-
gain momentum at HEIs. The link between students’
Ideathon Challenge, Boot camps, business simulation
research, innovation and startups should be strengthened
games, and workshops contribute to a greater extent to
and widely publicised for adoption.
guiding students to become entrepreneurs.
One should be physically and mentally agile and possess the
Barriers to student entrepreneurship
perseverance to pursue the journey to become an
Though there are numerous impediments for students to entrepreneur. Education, skill development, motivation,
become entrepreneurs, the most critical are discussed mentoring, funding and continuous handholding of students
below: will enable them to become entrepreneurs. Procedures and
policies have to be developed at the University for identifying
a) Prejudiced perspective: Students are generally
students aspiring to become entrepreneurs and should be
counselled by parents to become employees with
nurtured as they pass through various stages of
high salaries or professionals like Doctors. Only
entrepreneurial development. Networking with
when students reach college they come to know
government and private funding agencies and creating an
about research, innovations and startups. By this
entrepreneurial ecosystem within the University is a
time, students become risk-averse and look at
prerequisite for sustainable entrepreneurship development.
entrepreneurship with prejudice. Lack of exposure
to entrepreneurship programs and peer support for
students, who want to become entrepreneurs also
discourages students from venturing into it.
Vice-Chancellor,
b) Unrealistic assumptions: Students expect higher TNAU, Coimbatore
growth in a shorter time span. The path to convert an Email : vctnau@tnau.ac.in
idea into an innovative product/service, accepted by the

09
AGRIBUSINESS

K B Kathiria

Cultivating Agri-Innovation and


Entrepreneurship in Gujarat
Startups and Agribusiness Incubation infrastructure, equipment, and manpower. These R-
ABIs invite applications from agripreneurs in different
Initiatives stages of the business life cycle (ideation/expansion)
and provide them an opportunity to generate

W hile agripreneurship holds immense promise, it


is not without challenges. Lack of access to
finance, inadequate infrastructure, and
fragmented land holdings pose hurdles for aspiring
agripreneurs. Additionally, changing traditional mindsets,
innovations in agriculture and allied sectors.
These innovations may include, for example, technological
solutions, processes, products, services, business
platforms, etc., that could enhance productivity or increase
efficiency in agriculture and allied activities, enhance
bridging the urban-rural divide, and addressing policy gaps remuneration or farmers’ incomes, rural economy and
require collaborative efforts from various stakeholders. To wealth. Aligning farmers to market through value chain
foster a vibrant agripreneurial ecosystem, policymakers, approach with a sustainable development agenda are the
financial institutions, research institutions, and industry key. Till date, more than 1100 entrepreneurs have been
experts must work together with entrepreneurs to provide funded under RKVY R-ABI programs and the initiative has
the necessary support, mentorship, and infrastructure. In created a great impact.
view of this, Government of India has designed ‘Startup
India’, a flagship initiative, intended to build a strong
ecosystem for nurturing innovation and startups in the
country that will drive sustainable economic growth and
generate large scale employment opportunities. The
Government through this initiative aims to empower
startups to grow through innovation and design.

Key Central Schemes for


Agripreneurship & Agri-Startups
In line with this initiative, various central and state
government schemes and programmes have been
launched to support startups. Two such central
schemes, which benefit startups and entrepreneurs,
specifically working in the domain of agriculture and
food processing as enlisted below.
2. PMFME
1. RKVY RAFTAAR Agribusiness Incubator
The Rashtriya Krishi Vikas Yojna (RKVY) an important Ministry of Food Processing Industries (MoFPI),
scheme of the Government of India, Ministry of Government of India, is implementing a Centrally
Agriculture and Farmers’ Welfare (MoA&FW), is aimed sponsored scheme-PM Formalisation of Micro Food
at strengthening infrastructure in agriculture and allied Processing Enterprises Scheme (PMFME) for providing
areas and promote agripreneurship and agribusiness by financial, technical and business support for setting up
providing financial support and nurturing the and upgradation of two lakh micro food processing
incubation ecosystem. A new component under the enterprises through credit linked subsidy during five
revamped scheme RKVY-RAFTAAR (Remunerative years from 2020-21 to 2024-25 with an outlay of Rs.
Approaches for Agriculture and Allied sector 10,000 crores. Those interested in starting new food
Rejuvenation) has been launched in 2018-19. business ventures, as well as those who are already
Under this scheme, 24 new agribusiness incubators involved in food processing businesses and microenter-
were established as well as existing agribusiness prises, SHGs, FPOs, and producer cooperative societies,
incubators were strengthened with need-based can benefit from this programme. Food processing

10
• Assistance up to ₹ 3 lakh to enroll and participate for
national/international recognized acceleration
program
• For mid-level Pre-Series A funding of startups, a
separate fund under Gujarat Venture Finance
Limited (GVFL) for smaller ticket funding between ₹
50 lakh to ₹ 3 crore
• Additional 1% Interest Subsidy, maximum up to 9%
on term loans to applicant under the provisions of
scheme for assistance to MSMEs

2. Student Startup and Innovation Policy


Government of Gujarat has also launched ‘Student Startup
projects with a project cost of up to ₹ 1 crore are eligible and Innovation Policy (SSIP), which is an exclusive support
for assistance under this scheme; 10% of the project cost scheme for students aimed at financially support students
will be the investor’s share. The banks will extend 90% as in innovation and entrepreneurship. With the aim of
loan without collateral. The government’s grant will be “catching them young”, the rules laid down under SSIP
35% of the project’s cost, with a maximum limit of ₹ 10 states that the support system at school level will be
lakh. If the SHG members are involved in food processing, provided as a maximum of ₹ 20,000 per proof of concept
each member will be given ₹ 40,000 as seed capital. Apart (PoC)/ prototype/ innovation for classes 9-12 and PoC
from extending the subsidy-linked credit for individual prototype support grant upto ₹ 2,50,000 for higher and
projects, food processing clusters can avail credit-linked technical Education students up to 35 years of age.
subsidies at the rate of 35% for establishing common
infrastructure and a common facility centre.
Support to Individual under SSIP
• All Beneficiaries
• Exposure to Tinkering Lab, Innovation Lab,
Startups Support Initiatives by Incubation Centers
Government of Gujarat • Large scale sensitization, events, and programs for
Government of Gujarat has also developed two unique developing Scientific Mindset
startup support initiatives which can be immensely • Collective/Community level support system and
beneficial for entrepreneurs and students of agriculture activities
and allied sectors. • Capacity Building
• Class 9 to Class 12
1. Scheme for Assistance for • Maximum ₹ 20,000 per PoC/Prototype/ Innovation
Startups/Innovation • Higher and Technical Education
• Maximum ₹ 2.50 lakh per PoC/Prototype /Innovation
Government of Gujarat has also developed a policy for • IP Support up to 100% of expense
providing assistance to Startups/ Innovation. Under this
scheme, any individual/ group of individuals having As per the state education department records, 6276
innovative idea/ concept will be eligible and/ or Student innovations were supported, 1122 intellectual
Universities/ education institutions, Incubation Centre/ property got filed, 2132 Student Start-ups were
PSUs/ R&D Institutions/ Private and other establishments supported through various flagship programmes and
will be eligible as an institution to support and mentor to 186 educational institutions including 51 universities
innovators as approved by the committee. were funded under SSIP during 2017-21 to fund
innovations and startups.
Under this scheme, the following assistance is provided:
• Assistance upto ₹ 30 lakh as aseed support to the
startups
• Sustenance allowance of ₹ 20,000 per month to the
startups and ₹ 25,000 per month to women led
startups for a period of one year
• Assistance up to ₹ 1 lakh per startup for obtaining
Vice Chancellor,
training in soft skills on reimbursement basis
Anand Agricultural University
• Additional assistance up to ₹ 10 lakh for the startups
Email : vc@aau.in
generating significant impact on the society

11
PROFILE

Parvaze A Sofi

SKUAST-K Innovation Innovation ecosystem


Ecosystem
Setting Example and
A s a major policy
s u p p o r t f o r
innovation, SKUAST-K
drafted its institutional
innovation policy SKUAST-K
Delivering Impact Innovation and Startup Policy
(SISP), on the lines of NISP,
being the only SAU to do so, to
foster the development ,
streamline and strengthen
the innovation and entrepreneurial ecosystem in the

N
ational Agricultural
university. With a vision of becoming the first innovation
Higher Education
led University, we have engaged faculty, students as well
Project (NAHEP) was
as outside innovators in idea pitching through a series of
launched by ICAR with the aim
events aimed at incubating the ideas and converting
to provide NARS (ICAR
them into scalable technologies. The policy envisages
institutes/SAUs) with the
mechanisms for promoting innovation, benefit sharing
opportunity to create
and IPR management. Under the umbrella policy
executable models of a
initiative, SKUAST-K has established the SKUAST-K
reformed education system
Innovation, Incubation and Entrepreneurship (SKIIE)
that will take the country to its
Centre which houses a discovery centre and a patent
next developmental goals through innovative and out of
facilitation cell to provide physical infrastructure and
box initiatives. SKUAST-K has the distinction of being an
logistic support for IP creation and management.
outstanding performer under IDP-NAHEP having led the
Recognising the policy support and tangible impact of
national resolve to create a reformed education model
SKUAST-K initiatives, the National Science & Technology
inline with NEP-2020.
Entrepreneurship Development Board has granted the
university a Technology Business Incubator with a
Innovation Key performance financial outlay of ₹ 5 crore. In yet another recognition
indicators for SKUAST-K’s inspiring credentials, the Union Ministry
of Micro, Small and Medium Enterprises has approved
SKUAST-K is the first innovation-led farm university, and 550 capacity development programs for promoting
the impact of it's innovative vision, institutional will and entrepreneurship and skill development in the UTs of
structured implementation has been obvious within just J&K, and Ladakh. As an institution, the university is
three years. From being ranked 27th in 2018, we are sitting poised for greater feats in the coming years as it
proudly at the top, the 4th Best SAU in the country. The only continues to foster a changed mindset backed by
SAU figuring in the NIRF Innovation ranking and Band institutional support for mainstreaming innovation at
Excellent in the Atal Innovation ranking. The university has the grassroots level among students and young faculty.
a comfortable position vis-à-vis the accomplishments made We have set ourselves an ambitious target of leading
especially in promoting innovation and discovery-led J&K’s innovation landscape in the farm sector and
education and research, and creating solutions to existing re o r i e n t i n g o u r e d u c a t i o n s y s t e m t o c re a t e
and emerging farm sector challenges. Based on our strong opportunities for leadership, innovation, employment,
performance indicators, the university received the highest livelihood and overall social well-being.
number of seed grants from various funding agencies. We
have created a proactive mentoring system that has led to Education Model- Propelling
well over 250 innovative ideas, 15 of which have emerged Innovation
as startups. Just in three years, SKUAST-K has earned 10
patents both from faculty and students. We are the only SAU
to have secured 9 BIRAC BIG grants as a testimony to our
enabling ecosystem. S KUAST-K IDP under the World Bank-funded NAHEP
was envisioned to create a holistic reform
framework that makes agri-education futuristic.

12
Much before the draft of NEP-2020 was unveiled for SKUAST-K is the first SAU to have envisioned an initiative
public opinion, we had projected our vision for futuristic to project India as a preferred destination for higher
higher education that is innovative, transformative, education and thereby reverse the direction of
inclusive and sustainable. Our model was drawn on internationalisation. The initiative was heralded as a
innovative shifts in policy and action that could help us strong beginning of our national resolve and as a sequel to
emerge as a socially responsible institution with a that, the Ministry of External Affairs has created a
mission of creating leaders dedicated portal for attracting foreign students. This is a
of tomorrow. Much of our stark recognition of our leadership in the national
institutional progress in the agricultural education platform where we have
last two years has been a demonstrated our excellence in promoting a globally
result of our innovative and competitive education system that can create leaders for
futuristic approaches to the global good.
teaching, research and
SKUAST-K also led the nation in developing a working
outreach, a strong reflection
model of education in light of broader themes of NEP-2020
of our multidisciplinary,
to create a dynamic system that is responsive to the
choice-based and skill-
aspirations of the nation and our stakeholders. We are
directed curriculum. When NEP-2020 was unveiled we
committed to fast track our initiatives for implementation
found ourselves in a comfortable stage of operation with
and establishing our position as an institution to reckon
many reforms already having taken off in our university
with. As a policy planning stakeholder to the J&K
with tangible impacts in terms of improved performance
government, we have reinforced our leadership position by
in key indicators.
developing a roadmap for holistic agricultural
The SKUAST-K education model is a spinning wheel of development of J&K that is expected to transform existing
innovation that connects education and research with sustainable agriculture into a commercial bio-economy
innovation and entrepreneurship with multi-stakeholder within the compass of sustainability, human and animal
engagements. In order to institutionalize the reformed health and overall social wellbeing.
education system, we have developed a framework for a
As we poise to attain greater accomplishments under
flexible curriculum that enshrines multi-disciplinarity as
NAHEP, we are extremely grateful to ICAR for having
well as choice-based course design (Degree by Design) in
reposed faith in our capabilities to design and articulate
all undergraduate programmes. We have also declared all
a system of education that is innovative and breeds
our masters and doctoral programmes as Sandwich in
innovation. We are committed to social responsibility
partnership with leading national and international
and a broader goal of making India a knowledge
institutions. In fact, this university has led the nation in
superpower (Vishwa Guru) to lead the world in a new
creating an institutional system for the partnership of
geopolitical landscape.
shared national resources by formulating a multiparty
engagement framework. We are the first SAU to institute a
Dual-degree programme with Western Sydney University
Australia towards our broader goal of internationalising Professor Plant Breeding & Genetics,
agricultural education. SKUAST-K

13
AGRI-STARTUPS
S S Vinayagam, S Karingu, P Chandana
BS Yashavanth, G Venkateshwarlu and C S Rao

Agri-Startups: Status and Challenges


I ndia witnessed a remarkable ascent in its startup
ecosystem in recent years, ranking as the third rapidly
expanding hub in the world for budding entrepreneurs
after the USA and China as per the Economic Survey 2021-
22. According to the report published by the Economist
2. Skill development and capacity building: Focus on
skill development and capacity-building initiatives
as part of counselling programs. Equipping
entrepreneurs with essential business acumen and
leadership skills will enhance their chances of
Intelligence Unit (EIU) in April 2023, India stands in tenth success.
position in terms of Business Environment Ranking (BER)
3. Financial literacy and accessibility: Implement
among 82 countries for the period of 2023-27. Also, in the
initiatives to enhance financial literacy among
World Bank’s Ease of Doing Business Index 2020, India
entrepreneurs and establish better linkages
ranked 63 among 190 countries. To achieve Atmanirbhar
between financial institutions and
Bharat's vision of a $5 trillion Indian economy by 2024-25,
entrepreneurship programs. This will streamline
startups are observed as the country's next major
the funding process and make it more accessible for
development drivers. Startups can generate impactful
promising ventures.
solutions through their innovations, and thereby act as
vehicles for socio-economic development and 4. Networking and knowledge sharing among eco-
transformation. The Startup India initiative in 2016 has system Partners: Encourage incubators, financial
achieved remarkable success, as evident by the recognition institutions, agri-tech startups, investors to share
of 99,380 startups by the DPIIT in 2023 and created best practices, experiences, and success stories
employment of 8.93 lakh. India is also home to more than with each other. Establishing a network of will
100 Unicorns and 23 of them emerged in 2022 itself. The facilitate knowledge transfer and collaboration.
Indian startup ecosystem recorded a 7.5% increase in the
number of venture capital deals and raised $27.5 billion 5. Regional-specific solutions: Tailor agri related
across 1,355 deals during 2022 (www.startupindia.gov.in). entrepreneurship programs and incubation models
Among startups from various sectors, the Fintech, Edtech, to address the unique challenges faced by
and health tech sectors have emerged as the top categories, entrepreneurs in different regions. A localized
witnessing a substantial number of deals. approach can lead to more relevant and effective
support.
As of July 2023, India has a remarkable count of 5577
6. Monitoring and evaluation: Regularly monitor and
agriculture startups officially recognized by DPIIT. Of these
evaluate the impact of various programs and
2608 are dedicated to Agritech, 861 to organic agriculture,
initiatives. Data-driven insights will help refine
175 to horticulture, 888 to food processing, 320 to animal
strategies and ensure continuous improvement in
husbandry and dairy farming, and 76 to fisheries
the entrepreneurial ecosystem.
(www.startupindia.gov.in) which are focusing on
leveraging technology, data, and innovations to improve By implementing these recommendations, India can
farm productivity, enhancing supply chain efficiency, create an enabling environment for agri-startup
promoting sustainable practices, and empowering entrepreneurs to thrive, fostering a culture of innovation,
farmers. Of the total startups in India recognized by DPIIT job creation, and economic prosperity for the nation.
(99380), agriculture, food and beverages industry related
startups account to 11%. There are about 27.16% of the Conclusion
startups creating value added products by reducing post- Success and sustainability of agritech startups heavily rely
harvest losses and contributing to the export market. The on supporting quantifiable business models with higher
geographical spread of agri-startups shows that unit economics while also embracing traditional value chain
approximately 60% of these startups are concentrated in partners rather than eliminating them. Additionally, it is
four states: Maharashtra (1104), Karnataka (516), Gujarat essential for these startups to maintain a strong focus on
(474), and Uttar Pradesh (465) respectively. their goals of independence and sustainability. Providing
technical support through mentors and investors and
Recommendations
strengthening incubation centres, agri-startups can better
1. Government and private sector collaboration: navigate the challenges they face during their inception and
Encourage collaboration between the government growth phases. Moreover, government policies, programs,
and private sector in developing and implementing and initiatives play a critical role in nurturing a thriving agri-
national and state-focused entrepreneurship tech entrepreneurial landscape in India.
programs. This partnership can ensure
comprehensive coverage and a diverse range of ICAR-NAARM Hyderabad
support for startups. Email: ceo.aidea@naarm.in

14
GOVERNMENT POLICIES AND INITIATIVES TO PROMOTE AGRI-STARTUPS IN INDIA
Policy / Programme

Department of Agriculture & Farmer's Welfare has implemented ' Innovation and
Agri-Entrepreneurship Development' program under RKVY to encoursage new ideas
by providing finance of ` 5 lakh at the idea/pre-seed stage and ` 25 lakh at the
seed stage and incubation services through RKVY Agribusiness Incubators (R-ABIs).
This initiative has made India as a global focus point for designing and
manufacturing that aids in captivating investments, stimulating innovation,
developing skills, protecting intellectual property in fields like biotechnology, food
processing, renewable energy, etc.

Department of Biotechnology promotes agribusiness biotech incubators through its


Biotechnology Ignition Grant (BIG) with ` 50 lakh funding and mentorship.

The capital assistance is provided by Small Farmers Agri-Business Consortium


(SFAC) in the form of interest-free loan up to ` 50 lakh or 26% of the promoter's
equity, whichever is lower.

The scheme is aimed to educate and train rural women in various sectors including
agriculture, horticulture, food processing, etc.

Supported by Department of Science and Technology with financial support upto


`10 lakh to a startup or to an individual for developing a prototype that can be
commercialized.

15
16
17
POLICY

Sajad H Baba

J&K’s Agricultural Export -Import Policy 2023-30

D espite various exclusive attributes, agricultural


sector in J&K UT is characterized by low productivity,
resource use inefficiency, poor intensification, slow
advent of technologies and subsistence nature confronting
various sustainability issues. To break this inertia, Holistic
global value chain integration.

Objectives & Goals


• To prioritize niche commodities for international
trade based on their inherent advantages
Agricultural Development Project (HADP) has been • To diversify export basket, widen the base, and
conceived with its multi-pronged priority R&D interventions encourage export of high value and value-added
to secure a central role for the farming sector in the economic agricultural surplus
progress of the territory. Mega project is in practice to • To ensure the adherence to quality specifications of the
increase aggregate agricultural outputs, meet demand of commodity(ies) at par with global quality standards
growing population, encourage the growth of secondary • To ensure consistency and commitment with respect
agriculture, generate productive employment and to delivery specifications, and product specifications
strengthen backward and forward linkages. in international market
• To adopt globally recognized norms of Good
Why Agricultural EXIM Policy Agriculture Practices (GAP) all along the value chain
• To promote “Brand JK” and win trust for its
These HADP initiatives would restructure agriculture from
uniqueness and quality, and GI Products
Subsistence to Sustainable Commercialization and this
• To focus on market-led production systems by the
sector is expected to emerge as a science-led and knowledge-
farmers
based bioeconomy. Agro-climatic diversity provides diverse
The major goal of the Agricultural EXIM policy is to adopt and
production environment and impart uniqueness to our
operationalize J&K-dedicated Agri-EXIM Policy in harmony
domestically produced commodities which are highly
with the J&K Holistic Agricultural Development Project.
demanded in other countries. The export potential can be
harnessed for the development of circular economy and can
earn appreciably in global market space. However, the Agricultural EXIM Policy for J&K was formulated within NITI
potential available in export is yet to be tapped owing to poor Aayog’s four verticals of export preparedness viz Policy,
deployment of appropriate technology, absence of export Business Ecosystem, Export Ecosystem and Export
infrastructure and missing links in global value chain. Performance. Broader proposed interventions categorized
Unfavorable import of some of the commodities like apple, into strategic, operational and import substitutions are as:
walnut, etc is draining our resources. These issues get
accentuated by the non-existent business & export Strategic interventions
ecosystem in the J&K UT and non-availability of dedicated | Policy Support
export policy unlike other states/UT of India. We need to { Adoption of J&K-specific Agricultural EXIM Policy.
promote export for functional and horizontal expansion of Coordination across institutions to build an ecosystem
market for our produce based on and agro-ecological and for implementing EXIM policy recommendations to aid
traditional advantages in our agricultural produce. A in country’s import substitution and export of the
comprehensive EXIM policy is needed for building robust surplus commodities.
domestic & global value chains that can connect farm gates | Institutional Framework
with demand centres in both national and global markets and { Establishment of an ‘Export Promotion Council’ (EPC)
prevent loss of resources through import substitution. and formation of ‘Export Coordination Cells’ for
Beyond the attainment of self-reliance in agricultural facilitation and grievance redressal mechanisms, with
production as outcomes of HADP, J&K UT Level Apex Directorate of Horticulture P&M (JKHP&M) as the State
Committee constituted by the Government of J&K vide G. O. Implementing Agency (SIA).
No. 985-JK (GAD) of 2022, Dated, 30.08.2022 for the { Certification for Residue and Quality Analysis of the
formulation of Agricultural EXIM policy for J&K. The agri-products (fresh and processed). The NABL RCRQ
committee examined the issues from a pluralistic outlook Laboratory of SKUAST-Kashmir as the Nodal Agency for
and gave final shape to the first ever Agricultural EXIM residue level analysis for all Agro-chemicals
policy of J&K UT that proposed a comprehensive (fungicides, pesticides, weedicides, growth promotors,
framework with a set of strategic and operational antibiotics) and Heavy metals and nutritive quality
interventions that could make J&K a net exporter of analysis.
agricultural commodities through policy support and

18
{ GAP and Organic Certification with Department of risk cover in export transit.
Agriculture being the nodal agency. | Access to institutional credit
| Business Infrastructure: { Export-dedicated low-cost loan schemes with credit
{ Establishment of Export Incubation Centers at two guarantee trust fund (CGTF)
Universities (SKUAST J and K) for handholding and incubation { A system of Export Card to be put in place.
of new startups and enterprises on agri-export { Mobilize central government schemes and HADP
{ Establishment of Packaging and Branding Centers at initiatives.
two universities in collaboration with the IIP { Incentivize export-based activities to strengthen global
{ Establishment of two dedicated Agri-StartUp parks by supply chain.
Department of Industries and Commerce on pattern of { Access to government schemes including Startup India,
Industrial Estates Park MUDRA and others.
{ Incentivize establishment of Gramin Agricultural | Trade support
Markets (GrAMs) as produce aggregation platforms at { Promote ‘Brand JK’ for uniqueness of produce.
field level. { Develop logo, packaging design and branding elements.
| Export Infrastructure: { Conduct of export promotion events like trade fairs,
{ Establish export air cargo/dry ports and Inland buyer-seller meets, summits, etc
Container Depots (ICDs) { Access to state land for establishing export units
{ Development of integrated cold-chain infrastructure { Introduction of export promotion hubs, Special Economic
{ Establish UT-level Agriculture Exports Capability Centers Zones(SEZs)/AgricultureExportZones(AEZs).
(AECCs), Multi-modal logistic hubs (MMLHs) and Export { Develop dedicated web portal for export information
Intelligence Cells (EICs) and Export Food Parks dissemination.
{ Permanent Trade Exhibition Centers to be established { Export business offices to operate from district
at Srinagar and Jammu cities headquarters.
| R&D Infrastructure: | Growth and orientation
{ Establishment of Centers of Excellence (CsoE) in { Provide necessary support to import germplasm & raw
SKUAST-K & SKUAST-J to conduct research centered on materials of exportables.
agriculture planning & trade policy. { Collaborate with universities, APEDA, NOCB, MANAGE,
{ Collaboration with Technology Incubation Centers (TBCs) etc for capacity building.
and Agri-Business Incubation Centers (ABICs). { Quality standard compliance, logistic management, SPS
measures, food safety and appropriate use of market
Operational interventions intelligence, and others.
| Business environment | Export diversification
{ Promote Farmer Producer Organizations (FPOs) for { R&D initiatives in collaboration with national and
cluster-based production as per GAP and value chain international partners.
development. { Identify new trade partners, assessment of demand in
{ Promote use of digital/sensor technology. different destinations.
{ Promotion of Startups by encouraging innovations and { A n a ly z e i m p o r t - d e m a n d i n g l o b a l m a r ke t s ,
incentivization of agripreneurship. identification of target-markets.
{ Crowding of private investments in the global value { Define product positioning as well as adoption of
chain and policy environment for ‘ease of doing pricing strategy.
businesses and adopt system of track and trace of the
produce. Import substitution interventions
{ Reorient public extension system to support export-led | All the norms laid down for imports at the national level
production system and enable private extension to be observed.
services. | Establish robust domestic supply chains to meet local
{ Support to get benefit from Intellectual Property Rights demand in near- and far-range markets.
(IPRs), right to plant varieties and so on. This policy document provides for leveraging upon
| Transport connectivity supportive framework available in the country and suggests
{ Development of sea protocols with shipping lines and options for the convergence of proposed inter-ventions with
reefer services. them. It identifies 11 food commodities, 4 non-food
{ Enhance public sector investment in the development commodities and 02 medicinal and aromatic commodities
of transport logistics and incentivize private for export promotion and details priorities and commodity
collaboration in upgrading transport infrastructure specific interventions for export promotion. Finally, it
and connectivity. envisages the reviewing and monitoring framework for the
{ Convergence of programs of NHAI, State PWD and effective implementation of the policy.
District Development Agencies amongst others
{ Promotion of refrigerated transport to reduce carbon Professor Agri-Economics,
footprints/time/cost, etc. and subsidies on transport & SKUAST-K

19
PROSPECTS

Nurturing Agripreneurial Ecosystem


through Agri Education
M A A Siddique
Director Education, SKUAST-K

T he changing dynamics of the global economy and


the increasing demands of a growing population
require us to explore innovative solutions to
enhance agricultural productivity, sustainability and
profitability. This can be achieved by nurturing
encouraged. We need to grant students easy access to
farm management softwares, drones, precision
agriculture tools, remote sensing, AI and ML tools so that
they become tech savvy agripreneurs. Students require
gaining practical skills through hands-on activities
agripreneurial ecosystem through strengthening of our involving internships, industry collaborations, field visits
agricultural education in the country. We need to instil and establishment of farm schools etc. The collaborative
entrepreneurial mindset in our students with the partnerships are a key to create a robust agripreneurial
necessary skills and knowledge to think beyond ecosystem, and promotion of creative thinking; problem
traditional career paths and embrace agripreneurship as solving and development of communication skills in
a viable career option. The holistic and multidisciplinary students can go a long way in changing the agricultural
approach to education through encouragement of landscape of the country. We need to organize entrepre-
students to develop a broad range of skills and knowledge neurship development programs, mentorship initiatives
across various domains is really the need of the hour. and startup incubation centres focused on Agri-business
Courses on Agribusiness management, market research, ventures. These centres can also provide access to market
value chain analysis, organic farming, precision linkages, technological resources and business
agriculture and sustainable farming practices need to be development guidance to help the startups thrive.

Digital Agriculture: Future of Indian Agriculture


Dil Mohammad Makhdoomi
Director Extension/SAMETI, SKUAST-K

T o feed an estimated nine billion people by 2050,


the world has to find better and smarter ways to
grow more with less which can be accomplished
through adoption of new technologies like data science,
smart sensing, digital communication channels, and
draw out insights about the farm at varying levels of
granularity via software algorithms. IoT-based digital
farming allows field monitoring with the help of sensors
(light, humidity, temperature, soil moisture, etc.) and
automating the irrigation system only to enable growers and
farm automation. farmers to reduce waste and enhance productivity.
Digitalization can make agriculture profitable and Precision farming is one of the most famous applications of
sustainable, delivering safe, nutritious and affordable IoT in the agricultural sector and numerous organizations
food to all. Simple low-cost information and are leveraging this technique around the world.
communication technology tools promise the ability to
Drones in agriculture are employed to accomplish
deliver timely, relevant, and actionable information to
agricultural tasks which otherwise are done using manual
farmers throughout the world, at dramatically lower
labor. It saves time and is relatively more efficient. Ground-
costs than traditional extension services. Mobile apps
based and aerial drones are being used in agriculture for crop
for instance, offers a futuristic scope by providing
health assessment, irrigation, crop monitoring, crop
localized agricultural information pivotal in reducing
spraying, planting, and soil and field analysis. With strategy
crop losses and improving the yields. Smart phones
and planning based on real-time data collection and
enable the young generation to take farming as
processing, the drone technology will give a high-
their profession and perform better.
tech makeover to the agriculture industry.
Internet of things (IoT) involving the use of sensors,
Digital Agriculture has now become a movement, a
cameras, and other devices turn every farming
catch-all term for the next step forward in
related element and action into data. Be it weather,
agriculture, a smarter, more efficient agriculture that
moisture, plant health, mineral status, chemical
makes full use of big data and new technologies to
applications, pest presence and much more. All turned
benefit all the relevant stakeholders.
into large data sets that allow big data engineers to

20
POLICY

Haroon R Naik

SKUAST-K Innovation and Startup Policy


Policy Objective advocacy in New
Education Policy-

T he SKUAS-K Innovation and Startup Policy (SISP-


2021) intends to create and promote student and
faculty-driven innovation and startup ecosystem in
the university. The entrepreneurial ecosystem will play a key
role in identifying, mentoring, and nurturing the innovative
2020 (NEP) and
N a t i o n a l
Innovation and
Start-up Policy-
2019 (NISP),
and entrepreneurial potential of students, faculty and staff and where innovation,
transforming them into startup entrepreneurs by providing skill education,
avenues of funding, invest-ment opportunities and incubation,
networking support to make the innovation and venture e n t r e p r e -
successful. It also aims to promote strong intra and inter- neurship and
institutional partnerships with ecosystem enablers and startup have been
different stakeholders at regional, national and international m a d e a n
levels. It delineates incentives for faculty and students indispensable
involved in innovation and startups and suggests mechanisms part of formal education. The adoption and implemen-
in the areas of IP ownership, revenue sharing, and equity tation of NEP-2020 and NISP-2019 have been made
sharing between institutes and incubated startups. mandatory for HEIs in India. Fortunately, SKUAST-K is
already treading the path of this paradigm shift in the new
Policy Genesis educational setup created under IDP-NAHEP. The policy
document is compatible with the existing statutes and

S KUAS-K is part of the flagship program on the National


Agricultural Higher Education Project (NAHEP)
funded by ICAR and the World Bank. The Institutional
Development Plan under NAHEP was granted to it for its
academic regulations in the university, and is expected to:


Achieve an attitudinal change among students and
faculty
Build a startup and entrepreneurship culture in the
innovative model of education- “A Spinning Wheel of
Knowledge connecting education and research with university
innovation and entrepreneurship”, and for developing a • Make industry as important stakeholder
flexible and inter-disciplinary learning ecosystem with its • Set up revenue earning assets and creating
slogan of “DCIDE to LEED”. Promoting skill education, endowments
innovation, incubation, entrepreneurship, industry • Take J&K on board with 4th Generation Industrial and
involvement and startup culture has been an important Agricultural revolution
objective of the project. Our endeavour under the project has • Boost exports for exchange earning
been to change the mindset of students from job seekers to • Create employment opportunities
job creators by working on enhancing their leadership and SKUAST-K SISP-2021 document draws its guiding principles
soft skills; infusing creative and critical thinking for from and is in complete consonance with the National
innovation-led enterprises; skilling them with technologies Innovation and Startup Policy-2019 rolled out by the
that drive the Agri-4.0 revolution; linking them with the Ministry of Education, Government of India. The policy
industry and the leading international organizations. During highlights various important and practical aspects of
the past few years, we have built a very strong ideation bank, promoting and supporting innovation, technology
out of which at least 13 have reached TRL-6, and are now commercialisation and startup in academic setup.
registered as student/faculty startups, which is very
encouraging. As part of the enabling ecosystem, we have
established an AI&ML centre (Artificial Intelligence &
Machine Learning centre) to skill students in new-age
technologies & SKIIE centre (SKUAST-K Innovation,
incubation and entrepreneurship centre) for handholding
the young startups towards successful enterprises.
Director Planning & Monitoring,
Our novel initiatives under NAHEP have found its strong SKUAST-K

21
AGRIBUSINESS
M K Jhala¹
Samit Dutta²

Building Agripreneurial Ecosystem


at Anand Agricultural University
Incubation Center (AIC ANAND) - A Not-for-Profit company
was established under Section 8 of Companies Act, 2013.
AIC Anand is the first company of its kind in the state,
exclusively set up to nurture and grow new innovative
startups focused on food, agriculture, and allied sectors.
The Incubation facility is equipped to support startups
through the early stages of development through the
facilities it offers including co-working space for initial
business setup, food processing pilot plants for product
development, administrative support, office equipment
and access to AAU’s world-class testing labs with
support from specialized incubation team, network of
expert advisors and mentors from the industry. The

A nand Agricultural University (AAU) is playing its


role in building up an ecosystem for stimulating and
supporting Agri-startup culture across the country.
AAU has always actively supported agri-entrepreneurs on
the research and technology aspects, but with our past
company provides entrepreneurial training to students,
entrepreneurs, startups, and FPOs. It acts as a launching
pad for new agri-ventures by providing them access to
the resources they need, all under one roof.
experience of working with entrepreneurs and Facilities available at AIC Anand
researchers, it was clearly felt that building a strong and
sustainable startup ecosystem is needed for changing the • Exclusive Co-working Space, Meeting rooms &
momentum in agri-business development in the country. Event Space for startups
• Product Development Facility with 7 pilot scale food
Hence, AAU has started implementing various stratup
processing plants
support schemes of both state and central governments.
• Experiential Learning Units
For efficient implementation of the startup support
• Pool of technologies developed by AAU Scientists
schemes as well as long term sustainable and flexible
• Accommodation Facility at University Hostels &
operation of startup ecosystems in the university, AAU
Guest House

22
• Seed funding support from various government and get to work towards converting their idea into a
private agencies business under the guidance of expert mentors using
• 50+ mentors and experts/scientists from the support facilities created for them at AIC Anand.
Agriculture & Allied Sector domains
2. Prasoon – Startup Agribusiness Incubation program
• Shared facilities including Conference room,
for the innovative agri-startup with a minimum viable
Library, Seminar Hall and Auditorium.
product, is designed to provide the startup with
The effective production of safe and nutritious food is a business mentorship, technical assistance, and access to
major concern of all stakeholders in food industries. The
unique strength of the company is the availability of 100+ Agripreneurs Trained
modern food processing pilot plants which can help the
food tech startup to develop and launch their products.
The pilot plant facility can also be utilized for testing new
technologies and test manufacturing of new food
products. The facility includes Tomato Product
Processing Line, Fruit & Vegetable Canning Line including
Retort facility, Food Extrusion Line, Individual Quick
Freezing (IQF) Line, Automatic Juice Bottle Filling and
Capping Line, Food Dehydration Line, Continuous Frying
Line with Food Packaging Station.
The Incubation Centre has also obtained FSSAI license
for manufacturing, retailing, and relabeling of different
food products. domain experts, marketing and networking support to
AIC Anand operates multiple startup and entrepreneurship grow their businesses.
support schemes, which includes national startup program
‘RKVY RAFTAAR Agribusiness Incubator’ of the Ministry of Success Stories of AIC Anand
Agriculture & Farmers Welfare, Govt. of India, and the
AAU is working towards building a world class ‘Agritech
Scheme for Assistance to Startups/Innovation and Student
Launchpad’ for startups. AIC Anand is planning for
Startup and Innovation Policy of Govt. of Gujarat.
collaboration with PUM Netherlands, an organization
AAU has also has been identified as the State Level supporting entrepreneurs in 37 countries with their
Technical Institute (SLTI) for PMFME scheme of pool of 1700 senior experts to build an impactful
Ministry of Food Processing Industry (MoFPI), Govt. of entrepreneurial ecosystem.
India. AAU is conducting and facilitating various
AIC Anand is also shortlisted by Atal Innovation Mission,
capacity building programs under the scheme for
Niti Aayog, Govt. of India to set up an Atal Incubation
master trainers, district resource persons and food-
Centre in the campus.
entrepreneurs in the state of Gujarat.
AAU Incubated 24 Agri-startups have raised successful grant-
in-aid seed funding of more than Rs. 1.95 Crores till date.

Director Research¹
Dean, College of FPT&BE²

Flagship Agripreneurship training and


incubation programs of AIC Anand
1. Pallav – Agripreneurship Orientation program for
students, innovators and budding entrepreneurs at idea
stage, is an pre-incubation program which covers
customized training for 2 months, where agripreneurs

23
AGRIBUSINESS

Bidyut Chandan Deka

NEATEHUB
Promoting Entrepreneurship in North East

A IC-AAU Incubator, popularly known as North East


Agriculture Technology Entrepreneurs Hub
(NEATEHUB), is an "Atal Incubation Centre" of NITI
Aayog, the Government of India. It has been set up as a Section
8 company under the aegis of Assam Agricultural University,
Bamboo Craft, Bio-flocs, Agro Tourism, etc.

Objectives
• To provide an enabling ecosystem for agri startups
Jorhat, Assam, to build successful startups in agriculture and and entrepreneurs in the North East Region of India.
allied sectors. NEATEHUB is also a 'Knowledge Partner under • To help create a cadre/ pipeline of agri startups with
the RKVY-RAFTAAR scheme' by the Department of Agri elements of sustainability in the business by
Cooperation & Farmers Welfare, Govt. of India and commercializing technologies developed
handholding three incubators in the North East Region - one particularly by the Assam Agricultural University,
each in Arunachal Pradesh, Mizoram and Tripura. So far, and access other available technologies developed by
NEATEHUB has completed 9 Cohorts and has facilitated over various institutions, in general.
178 incubatees and the incubator has funded 42 startups to • To offer incubation services such as physical co-working
the tune of ₹ 4.58 Cr, thus far. spaces, industry linkages, networking opportunities
NEATEHUB offers physical co-working space for startup and through events, training and business coaching,
entrepreneurs in its Jorhat campus where over 12,000 sq. ft. of mentoring support, technology transfer and IP portfolio
area has a professional plug-and-play infrastructure. It also management, legal and quality assurance services, seed
brings in industry linkages and networking, training and capital funding and access to investments.
business coaching, technology transfer and IP portfolio • To enable translation of ideas into prototypes and
management, legal and quality assurance services, seed minimum viable products and bring to a marketable
funding and access to investment. It is a one-point contact for stage and, finally, scaling up of the business.
angel investors, mentors, corporate and VC funds interested in
investing in agri businesses in the North-East Region of India. • To stimulate the interest in the agri students of the
University by bringing in an enabling ambience for
NEATEHUB 'Incubation Program' aims to identify young student-faculty led innovations that solve
entrepreneurs at various stages of their development human—centric problems in the community, and help
(ideation, prototype development & early stage to growth them build it as a business venture.
stage) and provide the much-needed mentoring support and
industry exposure to facilitate them to develop a viable Coherent/Incoherent innovation activities
business proposition. The Cohorts completed so far in the pre-
Student-ready programme: NEATEHUB has devised a
seed and seed stage are from various realms of Agri and allied
unique program titled “Student Ready” to encourage AAU
sectors such as Digital Agriculture, Food Processing, Supply
students from the agriculture and allied sector domains to
Chain Management, Biotechnology, Farm Mechanization, Agri
tinker with their ideas - right when they enter college
waste management, Protected Cultivation, Quality Input,

24
level–and work on their ideas with support from external Incubation Centre and NEATEHUB has taken certain
experts, for lending wings to such ideas. Under this program, initiatives in this regard. The incubator has organized
the students during their second year of graduation are sensitization sessions for both students and teachers.
introduced to the “Student Ready” program where students They have also organized poster making competitions for
use smart technologies, testing, and validation services to students which emphasizes on solving community based
identify the problem areas from local surrounding problems. The incubator has given special attention in
communities and develop solutions. The students are hand- imparting STEM learnings to the students in order to
held through their ideas with able mentoring and technical develop a problem solving attitude.
Ease of doing business Collaborations
NEATEUB since its inception has taken initiatives to sign
MOU’s with different organizations so far which include
academic as well as partners from industry. So far,
NEATEHUB has partnerships with 26 institutions, a few
of which are listed below:

support of the AAU faculty,


year-on-year, as they move
from the second year to the
fourth year of the UnderGrad
prog, they undergo the Student
Ready course comprising of 12
weeks of in-class programme.
The University is funding this
unique programme and it is
envisaged that a few viable and innovative ideas would
emerge that would be worthy of gap-funding and
investments in the years ahead. To enable this, the AAU has
in place its own Startup policy which faculties and students
leverage upon.
8 weeks Incubation programme for Startup
Companies and entrepreneurs: The eight weeks
incubation program of NEATEHUB entrepreneurs is
designed to support and nurture startups . These Academia
programs usually offer a combination of resources,
• University of Science & Technology, Meghalaya
mentorship, networking opportunities, and workspace
• The Assam Kaziranga University
to help participants develop and scale their agri-tech
• Kakojan College
innovations. Sessions on digital marketing, company
formation, IPR, marketing are arranged where experts
from the respective fields shared their first-hand
Industry
experience with the startups. • Assam Startup – The NEST
• Guwahati Bio Tech Park
Pre incubation support: NEATEHUB has envisaged a pre • Numaligarh Refinery Limited
incubation program for early stage startups of the region to • WE SERVE: An Initiative to serve the Unserved
help the entrepreneurs to refine their ideas, validate their
• The Hub, Jorhat
business concepts, and prepare for the incubation phase.
• SELCO Foundation
The Incubator offer mentoring sessions to help founders
• BODHIK Ventures
validate their startup ideas. This involves analysing market
• Sammunnati Foundation
potential, identifying target customers, and assessing the
• AIC – JK Lakshmipat University
viability of the business model.
Connecting the Atal Tinkering Labs : Working with Atal Vice Chancellor
Tinkering Lab is one of the mandates of an Atal Assam Agricultural University, Jorhat

25
TECHNOLOGY

PJTSAU Making Drone Technology


a Farm Implementable Solution

W ith a vision to mainstream the field applications


of drone technology at the farmer level, Professor
Jayashankar Telangana State Agricultural
University (PJTSAU), Hyderabad has become the first
Agricultural University in India to get approval from the
thus bringing Drone know-how in Agriculture to the
farmers’ doorstep and promoting Smart Agriculture in
Telangana.
The PJTSAU has embarked upon intensification of research
efforts in critical areas of drone application to generate
Director General of Civil Aviation to carry out research in
information on evidence-based data on drone efficacy. The
agriculture using drones. It has established working
objectives are to study efficacy of drone spraying against
collaboration with Madras Institute of Technology, Govt. of
various insect pests or diseases vis-a-vis manual spraying, to
Telangana, NABARD, World Agricultural Forum, and several
study and standardize drone operating procedures for
drone startups like Marut Drone Tech,
plant protection, to evaluate the efficacy of pesticide
Thanos and others, to develop cutting
formulations against various insect pests and diseases of
edge technologies through integration
rice and to develop crop specific SOPs for pesticide use.
of AI&ML, and IOTs to make drone
Publication like “Autonomous Drones In Agriculture -
technology a field implementable
Standard Operating Protocols For Agrochemical
solution. Through a network project
Application in Field Crops” and “Standard Operating
utilizing research innovation funds, a
Protocols for Drone Based Pesticide
s t u dy o n d e ve l o p i n g S t a n d a rd
Application in rice” have been released for
Operating Procedures for using drones
the benefit of stakeholders.
in pesticide spraying was initiated and
validated in a Public Private Partnership Further, to demystify the apprehensions
mode with Marut Drone Tech Ltd, for about interference of spray chemicals
predomenent crops like Rice, Cotton, Pigeonpea, applied by drones with environment,
Groundnut, Sesame, Soybean and Safflower. Currently, special studies on ascertaining the
PJTSAU is handling a new NABARD funded research impact of drone-based spraying of
project in association with Marut Drone Tech Ltd on pesticides on avian and beneficial insect
“Development of package of practices for direct seeded fauna, and soil microbiota, have also
rice using drones”, that envisage water conservation in been initiated. Studies on product
rice production. This platform aspires to train rural youth quality assurance through bio-efficacy
in mastering drone applications. Further, studies on studies and Pesticide residue analysis of insecticides and
generating SOPs using drones for herbicide spraying in rice fungicides sprayed using drones in rice have also been
are in progress. All these efforts have transformed the taken up in multidisciplinary mode with an aim to
PJTSAU into a pioneer in Drone technologies in the country, quantify the target molecules in the economic product.

26
RESEARCH Telangana Sona
Low Glycemic Index Super Fine Rice from PJTSAU

popularize the benefits through branding for


total value chain approach involving all the
stake holders.
Due to wider adaptability and preferences, the
variety is being cultivated in many other states
viz., Andhra Pradesh, Karnataka, Tamilnadu,
Maharashtra, Odisha, West Bengal etc., During
th
the 87 meeting of Central Sub-Committee on
Crop Standards, Notification and Release of
Varieties for Agricultural Crops held on 22
September 2021, and 18 October 2021,
approved for cultivation in the state of
Karnataka. The said variety was also
registered under Protection of Plant Variety
and Farmers’ Rights Act of 2001.
The University has also developed a strategy
of Memorandum of Agreement for rice
traders on non-exclusive basis. The firms
who have signed this agreement can utilize

P rofessor Jayashankar Telangana State Agricultural the image of PJTSAU by highlighting low
University (PJTSAU) has developed a new rice variety glycemic index component besides getting
namely Telangana Sona (RNR 15048), released technical support in quality rice production.
through State Variety Release Committee. So far four firms viz., M/S. Befach 4x Private
Limited, Hyderabad; M/S. Deccanmudra,
The variety has been notified vide Indian Gazette Notification Hyderabad; M/S Mulkanoor Co-operative
No.S.O. 2238 (E) dated 29.06.2016 and has been recommended for Credit & Marketing Society Ltd,
cultivation in the state of Telangana. Bheemadevaarapalli (M), Warangal Urban
Telangana Sona is a short duration, blast resistant rice variety not District, and M/S SPV Specialty Foods LLP,
suitable for both kharif and rabi seasons. It has high (>67%) Head Secunderabad have signed the agreement
Rice Recovery even in rabi harvests, which is a major advantage to the and taking benefits out of it.
farmers and millers. It became popular on account of its unique grain
size and shape (short slender) besides cooking quality as
evident from intermediate estimates of alkali spreading
value, gel consistency and amylose.
Telangana Sona has been classified under low glycemic
index category with values of 51.5 (Umamaheshwari et
al., 2015, Release proposals of RNR 15048 variety) and
51.72
Keeping in view of several advantages of this variety with respect to
farmer (high yield, short duration, blast resistance), trader (high head
rice recovery, very fine grain) and consumer (low glycemic index, good
cooking quality, slenderness), the University has decided to

27
AGRIBUSINESS

G Sugumar

TNJFU Marine Products Business Incubation Forum


Promoting Entrepreneurship in Fisheries
and Aquaculture
breaded products, Fish/seaweed based bakery products,
Fish based extruded products, Seaweed edible products,
Fish/shrimp based pickle products, Fish based
dried/smoked products, Fish based retorted products,
Seaweed fertilizers and Seaweed based cosmetics
For the production of the above-listed fish and
fishery/seaweed-based products, EDII-MPBIF has
machinery/equipment facilities to support its incubatees
in producing value-added marine products during their
incubated period. The equipment at the facility include
Fish cutting machine, Deskinner, Deboner, Genset, Blast
Freezer, Pasta making machine, Twin screw extruder,
Pickle Filling machine, Baking oven, Planetary Mixer,

E DII-Marine Products Business Incubation Forum


(MPBIF) was established in June 2019 at the
Department of Fish Processing Technology (DFPT),
Fisheries College and Research Institute (FCRI), Tamil Nadu
Dr J Jayalalithaa Fisheries University (TNJFU), Thoothukudi
Battered and Breaded Unit, Moulds for Patty / Burger
Forming Machine, Double Tank Oil Fryer, Decanter, Double
Jacket Kettle, Sausage Stuffing Machine, Bowl Chopper,
Over pressure retort, Autoclave, Drier, Deep Freezer, Ultra-
Freezer, Refrigerators,, Ice Flaking machine, Vacuum
with funding support of ` 250 lakhs from the packaging unit, Bottle sealing machine, Bottle capping
Entrepreneurship Development and Innovation Institute machine, Carton strapping machine, Shrink wrapping
(EDII), Government of Tamil Nadu, Chennai. At present, the machine, Pedal sealing machine, Horizontal sealing
existing incubation forum supports the incubatees in the machine, Coding machine, Continuous band sealer,
formulation and production of marine-based products with Pulveriser, Freshwater treatment unit, SS boiler with
the available incubation service facilitating the aspiring burner, Seaweed washing tank, and Seaweed grinder and
entrepreneurs to explore and manufacture new products treatment tank. Apart from production facilities,
with the available equipment on a rental basis, offering laboratory facilities for analysis are also offered to the
mentoring support through science and technology incubatees of EDII-MPBIF that include Viscometer
intervention in the formulation of stable products, Accessories, Karl Fisher Moisture Titrator, Refractometer,
extending support in accomplishing license and dealing Ultrasound sonicator, UV Spectrophotometer, Kjeldhal
with labeling and packaging requirements. Apart from apparatus, Soxhlet Unit, Hot air oven, Muffle furnace,
these, EDII-MPBIF also provides co-working space to the Distillation unit, Centrifuge, Homogenizer, Water bath,
startups. Currently, 31 incubatees have enrolled in the heating mantle, pH meter and Facility for microbial
project and actively producing and marketing value-added analysis (separate microbiology lab is available).
fish and fishery products and seaweed-based cosmetics
Support to Incubatees
products using incubation facilities. A few of them after
receiving technological support and a few others getting Innovation Voucher Program (IVP), a program under the
technological and production support from the incubation EDII scheme offers a grant of `2,00,000 under Voucher A
forum (EDII-MPBIF, DFPT, FCRI, TNJFU, Thoothukudi) have plan to start-ups having viable innovative ideas. This
successfully established their brands in the market and voucher A program supports grants for the conver-sion of
sustainably running their business. innovative ideas into a prototype. Further, under voucher B
plan of IVP, `5,00,000 as a grant is offered to start-ups to
Infrastructure
undertake market research. In this context, an IVP grant of
EDII-MPBIF is set up at a space of 8000 sq. ft including co- `2 lakhs is issued to one of our incuba-tees M/s.
working space in the Department of Fish Processing Nutrigenetics Life Science, Madurai working on the
Technology, FCRI, Thoothukudi. Further, the incubation formulation of a Nutritive plant egg.The start-up has
centre mentors start-ups in the production of the following received all instalments and its product is now success-fully
value-added products namely, Fish based battered & launched into the market. Further, another incubatee, M/s.

28
Herblis Health Care, Madurai is also selected for the IVP powder incorporated soap were given to the incubate cum
award of voucher A plan of `2,00, 000 for his innovative start-up M/s. Herblis Health Care, Madurai who is working
seaweed soap and face cream. with EDII-MPBIF signing an MoU for the production/
formulation of seaweed-incorporated different cosmetics
The thrust area of the MPBIF are
products and at present they successfully launched their
I) Development of different value-added fish and seaweed-incorporated cosmetics products on 10.03.2023
fishery products and seaweed-based feed, fertilizer, and it was launched by the Vice Chancellor, TNJFU, Nagapa-
cosmetics and edible products and examination of ttinam, at Madurai. Technology for various value-added fish
their physico-chemical, sensory, functional, and fishery/seaweed-based products (detailed below in the
structural, and bioactive proper-ties and their success story of the agri-startup section) was given to one of
storage stability and our incubatees cum start-up M/s. FLTF Food Products LLP,
Thoothukudi. This particular startup has also signed an
MoU with us for the formulation of various value-added
marine products and started its own restaurant serving
exclusively for marine products in the brand name of
“Rybax” and it was opened on 26.03.2023 by the Vice
Chancellor, TNJFU, Thoothukudi.
Technology for the production of fish/shrimp/crab based
battered and breaded products viz. cuttlets, nuggets, fingers,
balls, etc is given to an incubate cum startup of EDII-MPBIF,
M/s. JSF Foods, Thoothukudi. The incubatee is
also given the technology for the production
of fish/seaweed incorporated extruded
product i.e. Kurkure and the product was
launched during the Brandlab/Launch Pad
event organized by startup TN in the presence
of District Collector, Tirunellvelli. The same
technology for fish/shrimp/crab based
ii) Provision of incubation services battered and breaded products was given to
such as machinery support for the another incubatee cum startup of the EDII-
production and packaging of value- MPBIF, M/s. Priya Foods, Thoothukudi.
added fish and fishery/seaweed-
Technology for fish/shrimp/masmin based
based products, offering co-
pickle/thokku was given to the following
working space on a rental basis and
startups, namely, M/s. Zafira Foods, Ramnard;
analytical support, licensing and
M/s. JIS Pickle Unit, Thoothukudi; M/s.
labeling guidance; technological
Ichthys Marine Foods, Thoothukudi; M/S J
mentoring; providing awareness/
skill development training
programs; act as a knowledge
partner of the startup to fetch them
funding support, in a view to developing
entrepreneurship in the field of marine processing.
The primary Objectives :
I) Transferring indigenous and innovative technologies
for commercialization in the areas of marine products
towards the establishment of new start-ups
ii) Providing incubation and mentoring support to
existing entrepreneurs and Star Seafoods, Thoothukudi; M/s. Thomas Seafoods,
Kanyakumari. Technology for frozen fish/shrimp was given
iii) Building small business opportunities forthe fishing to the startup, M/s. Pearl Frozen Foods, Thoothukudi.
community through Science and Technology
intervention.
Technologies Commercialized
Vice-Chancellor,
Two technologies namely Seaweed (Hypneapanosa) extract
TNJFU, Tamil Nadu
incorporated face cream and Seaweed (Hypneapanosa)

29
INSTITUTES

NIRF Rankings 2023: Agriculture and Allied Sectors


E v e r y y e a r, t h e
Ministry of
Education, Govt. of
India releases the ranking
of all universities in India
various parameters
considered for ranking are
Teaching, Learning and
R e s o u r c e s ( T L R ),
Research and Professional
based on ranking Practice (RP), Graduation
parameters identified and Outcomes (GO), Outreach
defined in the National and Inclusivity (OI) and
Institutional Ranking Perception.
Framework (NIRF). The parameters and
However, for the first time methodology for ranking
this year, institutions institutions under the
belonging to the Agriculture and Allied
Agriculture and Allied Sectors was developed
Sectors were included in afresh under the overall
the NIRF for ranking. The NIRF.
For the 2023 ranking, 152 Agricultural Universities on 5, June 2023, listed 40 agricultural universities. The
including Private Universities and Colleges offering details can be seen at https://www.nirfindia.org/2023/
agriculture degrees participated. The ranking released AgricultureRanking.html.

S. No. PARAMETERS Marks


1. Teaching, Learning & Resources (TLR) 100
Ranking weight: 0.30
A. Student Strength including Doctoral (SS): 20 marks
B. Faculty-student ratio with emphasis on permanent faculty (FSR): 30 marks
C. Combined metric for Faculty with PhD (or equivalent) and Experience (FQE): 20 marks
D. Financial Resources and their Utilisation (FRU): 30 marks
2. Research and Professional Practice (RP) 100
Ranking weight: 0.30
A. Combined metric for Publications (PU): 35 marks
B. Combined metric for Quality of Publications (QP): 40 marks
C. IPR and Patents: Published and Granted (IPR): 15 marks
D. Footprint of Projects and Professional Practice (FPPP): 10 marks
3. Graduation Outcomes (GO) 100
Ranking weight: 0.20
A. Combined metric for Placement and Higher Studies (GPH): 40 marks
B. Metric for University Examinations (GUE): 15 marks
C. Median Salary (GMS): 25 marks
D. Metric for Number of PhD Students Graduated (GPHD): 20 marks
4. Outreach and Inclusivity (OI) 100
Ranking weight: 0.10
A. Percentage of Students from other States/Countries (Region Diversity RD): 30 marks
B. Percentage of Women (Women Diversity WD): 30 marks
C. Economically and Socially Challenged Students (ESCS): 20 marks
D. Facilities for Physically Challenged Students (PCS): 20 marks
5. Perception (PR) 100
Ranking weight: 0.10
A. Peer Perception : Employers & Academic Peer (PR): 100 marks

30
The list of 40 universities ranked under
“Agriculture and Allied Sectors”
along with the score are listed below.

31
6 best SA I
61-70 in world

32
INCUBATION CENTRES

33
Common Incubation Centre (CIC)
Vasantrao Naik Marathwada Krushi Vidyapeeth, Parbhani
Supported By: Pradhan Mantri Formalisation of Micro Food Processing
Enterprises Scheme under MoFPI New Delhi

THRUST AREA OBJECTIVES

Food Processing Training and incubation for microentrepreneurs


particularly women SHGs and cooperatives

FACILITIES Coworking space, meeting and conference rooms, mentoring cell and
food testing laboratories

Contact Information

Entrepreneurship Capacity Building Cell


Kamdhenu University, Gandhinagar
Supported By: Atal Incubation Centre and RKVY-RAFTAAR

THRUST AREA OBJECTIVES

Dairy Technology Entrepreneurial enabling ecosystem in the dairy sector

FACILITIES Mentoring and dairy product development laboratories

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Centre for Agribusiness Incubation and
Entrepreneurship (CAIE)
Rajmata Vijayaraje Scindia Krishi Vishwavidyalaya, Gwalior
Supported By: National Bank For Agriculture And Rural Development

THRUST AREA OBJECTIVES

Agribusiness, Farm Management, Service Sector, Agri-business incubation and creation of a


Food Processing, Biotechnology, etc dynamic ecosystem

TECHNOLOGIES Petroleum products from plastic waste, Antiseptic ointment from herbal waste,
COMMERCIALIZED Herbal Drinks, Biogas from aquatic weeds

Coworking spaces, skilling, mentoring, processing and


FACILITIES
product prototype development labs

Technology Incubation Center

Lala Lajpat Rai University of Veterinary and Animal Sciences, Hisar

THRUST AREA OBJECTIVES

Dairy and Meat Technology, Diagnostics, Technical and handholding support for micro food
and Feed Technology processing enterprises, FPOs/SHGs and Cooperatives

TECHNOLOGIES
COMMERCIALIZED

FACILITIES Coworking space, mentoring and laboratory support for product development

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FACILITIES

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TECHNOLOGIES COMMERCIALIZED

FACILITIES

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STARTUPS

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) +91 6005432788 bbggorg@gmail.com

Turnover: Rs 3 lakh | Employees: 04

) +91

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Dr Rafiya Mushtaq

M/S Zeeba Biotech

Turnover: Rs 5 lakh | Employees: 02

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SUCCESS STORIES

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SUCCESS STORY

Empowering Farmers through


New Technology and Innovative Solutions
Dr Karan Singh Thakur’s Agri-Entrepreneural Journey

D r Karan Singh Thakur, a dynamic and resourceful


young farmer hailing from the serene village of
Dharo Ki Dhar in Solan district of Himachal
Pradesh, has crafted an inspiring narrative of
achievement that extends well beyond his village
augment their earnings. Dr Thakur's vision encompasses
a comprehensive approach that harmonizes education,
innovation, and entrepreneurship, ultimately fostering
sustainable growth and propelling rural communities
towards prosperity.
boundaries. As a graduate of Dr Yashwant Singh Parmar
University of Horticulture and Forestry, Nauni, Karan Achievements and Impact
embarked on an agriculture entrepreneurial journey
that has not only revolutionized his own life but has also Dr Thakur’s inaugural polyhouse, spanning 100 square
influenced the lives of numerous individuals within his meter, marked the beginning of his entrepreneurial
community. voyage. Over time, his enterprise expanded to an
impressive cultivating area of 3,000 square meter. The
Innovative Concept: "Agri-Horti cultivation of carnation flowers initially played a pivotal
role in his annual income, generating an impressive sum
Knowledge-based Cultivation” of approximately ₹ 13 lakh. Additionally, diversifying his
business portfolio through the establishment of
Dr Karan Thakur's innovative concept revolves around
nurseries for various fruit crops including apple, plum,
establishing "Agri-Horti knowledge-based cultivation"
pear, pomegranate, kiwi, apricot, peach, nectarine, and
within rural landscape. These high-density cultivation
persimmon, yielded him an estimated ₹ 14 lakh
centers serve as dynamic hubs for hands-on learning,
annually. This diversification also contributed
introducing local farmers to contemporary techniques
significantly to providing employment opportunities for
and entrepreneurial strategies. By advocating the
numerous locals in the region.
cultivation of high-value unconventional crops tailored
to the specific climate and market demands, he has His success narrative is one characterized by resilience,
empowered farmers to diversify their farming and innovation, and transformative influence. From modest
beginnings to a position of eminence in the agribusiness
sector, his journey has left an indelible imprint on the
horticulture and entrepreneurship landscape. His
agricultural enterprise has been a guiding beacon for
countless others, directing them towards a future
enriched with prosperity and sustainable progress.
Source: Directorate of Extension Education,
Dr YS Parmar University of Horticulture and Forestry,
Nauni-Solan 173230, Himachal Pradesh

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SUCCESS STORY

Purple Revolution
Meet Kashmir’s Lavender Lady
aromatic plants (Lavender and Rosa re c i p i e n t o f J K B a n k Wo m e n
damascena) and value addition of Entrepreneur Award, Best Grower
the produce. She is currently Award, Champion Farmer Award,
working on contract farming where ICAR-IARI Innovative Award etc. She
interested farmers independently is really an inspiration for other
grow aromatic plants and flowers women farmers of the region. She is
under her guidance and extract Lavender Lady of the valley. When
essential oils at distillation facility contacted, she quoted Pele “Success
established by her. She has launched is no accident. It is hard work,
a n e w b ra n d “A ro m a P u re & perseverance, learning, studying,
Rubeena Tabassum Naturals” and is working with the sacrifice and most of all, love of what
university’s is extension wing for you are doing or learning to do.”
better marketing facilities. She is a
Rubeena Tabassum started with a
small agri-business “Cultivation of
Cut Flowers under controlled
conditions” in a remote village of
District Budgam, J&K. Realising her
entrepreneurial talent, enthusiasm,
courage and creativity, Krishi Vigyan
Kendra Budgam provided her all
technical guidance and support in
expanding the business. The Kendra
motivated her for cultivation of

Innovative Minds
Taking Walnut Processors to Growers’ Doorsteps
month.
To widen customer base, grow business and
earn more, he sought technical guidance
from SKUAST-K scientists for design and
fabrication of food processing machines. His
business expansion and better earning higher education in Mechanical Engineering
prompted him to enter into an MoU with who are now his arms and wings in the
SKUAST-K in 2016. He designed walnut industrial unit at Kunmoh. Farooq Ahmad
processing machines for growers, food expressed deep satisfaction over his
Farooq Ahmad processors or any other stakeholder. business having annual turnover of more
Buoyed by the significant increase in than ₹ 12 lakh and providing jobs to a
Farooq Ahmad, a resident of
customers and profit, Mr Farooq Ahmad good number of skilled, semi-skilled and
Shalimar, Srinagar, started
established a full-fledged unit of Mechanical unskilled people. He said, “to succeed, one
his business with a small
and Engineering works with the name M/S must take into consideration the fact, that
workshop at his house (M/S
Multi Tech Engineering at Khunmoh business talent alone isn’t enough. There
Jhelum Traders),
Industrial Estate, Srinagar for large scale are things that one can do on his/her own
manufacturing small
agri c u l t u ra l to o ls and manufacturing of food processing and things that need professional help to
implements, and earning a machines. Realizing the success and earn more profit. And profit is what a
meagre amount of ₹ 10,000 a quantum of work, he sent his two sons for successful business is all about!”

53
SUCCESS STORY

Women empowerment
Dairy Farmer Changes Fortunes for Her Family
farm. Presently, she has a 25-dairy cow unit, 59-sheep, 50-key stone
golden egg-laying birds, vegetable and grapevine garden. KVK
scientists very frequently conduct skill development and knowledge
updation programs for her and other farmers of the district. The
family’s net annual income rose to ₹ 12.21 lakh from a meagre amount.
Not all that, she now supports women empowerment in the village.
She leads a Dairy Cooperative in the area. She is a recipient of the
Progressive Farmers' Award, Innovative Farmers Award etc. When
asked about the secret of her success, she quoted Rumi, “Wherever you
stand, be the soul of that place”. She is really an inspiration for other

Z
women farmers in the area, said Dr Pervaiz A Dar.
a m ro o d a B a n o , a re s i d e n t o f
‘Kashmir’s Grape village: Repora’ in
district Ganderbal was busy doing
household chores and assisting her better
half in agricultural activities. However, the
net income was too less to support the
family's needs, particularly the kids’
education. But she was determined to
change the fortune of the family. Innovative
farming was the only workable solution.
The struggle brought the family into
contact of Krishi Vigyan Kendra,
Ganderbal. The integrated farming model
at the KVK inspired her. With KVK's
assistance, she established an integrated

Entrepreneurial Journey
Self-Reliance through Integrated Farming
Vanraja, Keystone, and Kadekhnath under the Department of
Biotech-nology-funded project. Recently, he has taken up duckery,
fish and turkey farming. His annual income from the enterprise is
around ₹13 lakh. Presently the livestock strength is 300 Vanraja, 100
Kadaknath, 350 ducks, three cows, and one fishpond. The daily egg
production at the farm is 150, milk production is 30 Kg; the net daily
income is ₹ 3700. He is a recipient of the champion farmer award from
SKUAST-K. He has also received appreciation at the UT level. He is an
inspiration for other farmers in the area. The success story of Syed
Fida Hussain has been widely covered by print and electronic media.
Fida quotes Jeff Koehler

S yed Fida Hussain Safwi of Shippora


Budgam Kashmir started farming 5
years back with 2 cows, 100 poultry
birds and crops like maize, apple, potato
and kale. After receiving technical support
for his passion for
Integrated Farming
System, “Farming isn’t a
battle against nature, but a
partnership with it. It is
and handholding from Krishi Vigyan respecting the basics of
Kendra Budgam, his interest in farming n a t u re i n a c t i o n a n d
grew. He increased livestock numbers and ensuring that they
introduced improved chicken varieties like continue”.

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SUCCESS STORY

Sran Vermicompost Farm


Story of Eminence and Progress from Punjab

H arpreet Singh is a resident of village Dugri, Tarn


Taran (Punjab). He is specially-abled, courageous
and hard-working. He owns 9 acres of land. In the
year 2020, he came in contact with KVK experts and
started learning vermicompost production on a
Government of Punjab. He is very humble and eager to
provide training to youth on vermicompost production
free of cost. He also helps fellow farmers in establishing
vermicompost units at domestic as well as commercial
levels. He has also created his Facebook and Instagram
commercial scale. He started the vermicompost unit with accounts for wider advertisement of his product.
two beds in 2020 just before the commencement of the
COVID-19 pandemic in India. With his skill and regular
guidance from KVK scientists, he keeps on increasing the
vermin beds and expanding the business. As on date, he
has over 125 beds [30 (L) 3 (B) feet] producing 100 tons
per annum. In just a span of 3 years, he is now earning
near about ` 4-5 lakhs per annum with the sale of
vermicompost as well as vermiculture (earthworms). He
has categorized vermicompost into 3 categories based on
its quality and grading. He is selling vermicompost locally
in Punjab. For his efforts, he was honoured by Krishi
Vigyan Kendra, Tarn Taran, Punjab and by the

Sky is the Limit


Future Belongs to Fisheries Entrepreneurs
deter him for pursuing his dream of going to maintain shrimp in winter
becoming an entrepreneur. With months which otherwise is not
continuous guidance and help of possible due to extreme temperature
IDP-NAHEP, he constructed shrimp drop during the four months
ponds on 3 acre land in his native (December to February).
village Gaddan Dob, Tehsil Abohar, Khushwant’s entrepreneurial
District Fazilka (Punjab) during the journey is a real motivation for
month of April 2022. From the start, young generation. He says “IDP
he undertook shrimp farming proved huge blessing during difficult
activity in a scientific manner with all pandemic time and gave me wings;
the biosecurity measures. He is now I have to fly high with never
expecting 8-9 tonnes of export looking back attitude.” Let’s delete
quality shrimp. With the knowledge impossible word from our dictionary
Khushwant Singh Brar gained during his post-graduation and move ahead towards our – GOAL,
and mentorship under IDP, he is he added.

K
hushwant Singh Brar, a
student of Fisheries Science
Guru Angad Dev Veterinary
and Animal Sciences University
(GADVASU), Ludhiana, Punjab is
always keen to learn and experiment
with unique ideas. He had a clear
vision of becoming entrepreneur in
shrimp farming. He met with a
horrible accident while doing
postgrad research, which took him 6
months to recover fully, and didn’t

55
NICHE CROPS

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Niche Crops - UT of Jammu and Kashmir

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Niche Crops - State of Punjab

58
Niche Crops - State of Bihar

Niche Crops - State of Uttarakhand

59
Enterprise Small Scale Entrepreneurs
Is a legal entity possessing the right to conduct business These are entrepreneurs who operate on a small scale
on its own, for example, to enter into contracts, own and are popular in underdeveloped countries.
property, incur liabilities and establish bank accounts. It
may be a corporation, a quasi-corporation, a non-profit
institution, or an unincorporated enterprise.
Social Entrepreneurship
A social entrepreneur is interested in starting a business
for the greater social good and not just the pursuit of
Entrepreneurship profits. Social entrepreneurs may seek to produce
Process of setting up a business by an entrepreneur e nv i ro n m e n t a l ly- f r i e n d ly p ro d u c t s , s e r ve a n
(individual who creates and/or invests in one or more underserved community, or focus on philanthropic
businesses, bearing most of the risks and enjoying most activities.
of the rewards). The entrepreneur is commonly seen as
an innovator, a source of new ideas, goods, services, and Startup
business/or procedures. An entrepreneurial venture in the early stages of
operations, based on an innovative idea
Agripreneurship that will disrupt the market or created
to resolve a real-life problem. As
Agripreneur is an individual many startups solve society's
who starts, organises and needs, they attract investors
manages a business venture and funders because of the
focusing on the agricultural tremendous growth
s e c t o r. B r o a d l y, A g r i - opportunities. Scalability is
entrepreneurship or an important aspect of a
Agripreneurship provides startup.
value addition to
a g ric u lt u ra l resou rc es Incubator
typically engaging rural
Is an organization that helps
human resources.
startup companies and
individual entrepreneurs to
Ecopreneurship develop their businesses by
Ecopreneurship represents providing a full-scale range of
the process of principles of services starting with
entrepreneurship being applied management training and office
to create businesses that solve space and ending with venture capital
environmental problems or operate financing.
sustainably.
Host Institution
Well-known technology, management and R&D
Intrapreneurship institutions working for developing startups and
Intrapreneurship refers to a system that allows an contributing towards developing a favourable
employee to act like an entrepreneur within an entrepreneurial ecosystem.
organization. Intrapreneurs are self-motivated,
proactive, and action-oriented people who take the
initiative to pursue an innovative product or service. Technology parks
Is a purpose-built cluster of office spaces, labs,
workrooms and meeting areas designed to support
Technopreneurship research and development in science and technology.
A kind of entrepreneurship in the field of technology and Also known as a research park, technology park or
involves tech-savvy, creative, innovative individuals innovation centre.
who have a knack for taking calculated risk.

60
Angel investor introduction of new goods or services or improvement
in offering goods or services or innovation as "a new or
An individual who provides capital for startups, usually
changed entity realizing or redistributing value".
in exchange for convertible debt or ownership equity.
Angel investors often provide support to startups at a
very early stage (when the risk of their failure is Proof of Concept
relatively high), once or in a consecutive manner, and Also known as proof of principle, is a realization of a
when most investors are not prepared to back them. certain method or idea in order to demonstrate its
Also known as a business angel, informal investor, angel feasibility or a demonstration in principle with the aim
funder, private investor, or seed investor. of verifying that some concept or theory has practical
potential.
Crowdfunding
The use of small amounts of capital (money) from a large Prototype
number of individuals/groups to finance a new business Is an early sample, model, or release of a product built to
venture. Crowdfunding makes use of the easy test a concept or process.
accessibility of vast networks of people through social
media and crowdfunding websites to bring investors
and entrepreneurs together. Besides startup funding,
Minimum Viable Product
crowdfunding is popular for funding non-profit Is a version of a product with just enough features to be
organisations and donations for the needy. usable by early customers who can then provide
feedback for future product development.

Venture capital
Is a form of private equity and a type of financing that
Co-Creation
investors provide to startup companies and small Is the act of creating together. When applied in
businesses that are believed to have long-term growth business, it is used as an
potential. economic strategy to develop
new business models, products
and services with
Unicorn customers, clients,
A privately-owned trading partners or
startup with a other parts of the
va l u a t i o n o f s a m e e n te r p r i s e o r
over $1 billion venture.
and is often used
in venture capital
companies.
Launch
A product launch is an organization's
planned and coordinated effort to bring a new product
Fintech or service to market and make it available for purchase
Fintech or financial technology is used to describe new by consumers.
technology that seeks to improve and automate the
delivery and use of financial services. Composed of
special software and algorithms using computers and
Evangelist
smartphones, fintech helps companies and businesses An evangelist in startups is someone who promotes and
in better financial management. advocates for a startup company, its products or services,
and its vision. He sings praises for a brand and convinces
others to try or convert to the product or service.
Ideation
Is the creative process of generating, developing, and
communicating new ideas. Ideation comprises all stages
Elevator Pitch
of a thought cycle, from innovation, to development, to A platform to lure an investor or executive in a company,
actualization. Ideation can be conducted by individuals, or explain an idea/topic to the founder's parents in an
organizations, or crowds. exciting way. Unlike a sales pitch, there may not be a
clear buyer–seller relationship.
Innovation
Is the practical implementation of ideas that result in the

61
Imagineer equal size combine, are much rarer than acquisitions, in
which a larger company buys a smaller one.
Is someone capable of taking creative ideas or using
imagination and turning them into reality with actual
solutions. Pivot
Is a change in business strategy when the current
Unique Selling Point strategy doesn’t work e.g. changing the product.
A marketing statement that differentiates a product or
brand from its competitors. Also called as unique selling Accelerators
proposition. Are fixed-term, cohort-based programs, that include
mentorship and educational components and culminate
Value Proposition in a public pitch event or demo day. While traditional
business incubators are often government-funded,
A statement that clearly identifies the benefits a
generally take no equity, and rarely provide funding,
company's products and services will deliver to its
accelerators can be either privately or publicly funded
customers. A well-crafted value proposition will
and cover a wide range of industries.
differentiate the company and/or its specific product or
service in the marketplace and among a target market or
target audience. Business Model Canvas
Is a strategic management template used for developing
EDP Workshop new business models and documenting
exist ing ones. It offers a visual chart
Is usually a brief intensive educational program related
with elements describing a firm's
to entrepreneurship and startup for a relatively small
or product's value proposition,
group of people that focuses especially on
infrastructure, customers, and
techniques and skills in a particular field.
finances, assisting businesses to
align their activities by illustrating
Entrepreneurship potential trade-offs.
Education
Refers to a set of formalized teachings Cash flow management
that informs, trains, and educates Is the process of tracking how much money is
anyone to promote entrepreneurship coming into and going out of your business.
awareness, business creation, or small
business development.
Special Purpose Vehicle
Is a subsidiary created by a parent company to isolate
Virtual Elevator Pitch financial risk. Its legal status as a separate company
Is a short, descriptive speech aimed at introducing an makes its obligations secure even if the parent company
organization/brand, a product/service, a project, or an idea goes bankrupt. Also called a special purpose entity.
to relevant stakeholders who have no idea about them.
Technology management
Intellectual property Is the integrated planning, design, optimization,
Is patent, copyright, trademark or trade secret. operation and control of technological products,
processes and services.
Partnership
Is an arrangement where parties, known as business Technology Licensing Agreement
partners, agree to cooperate to advance their mutual Whereby an owner of a technological intellectual
interests and include individuals, businesses, interest- property (the licensor) allows another party (the
based organizations, schools, governments or licensee) to use, modify, and/or resell that property in
combinations. exchange for compensation.

Mergers and Acquisitions Compiled by:


This term, abbreviated as M&A, concerns corporate Sajad H Baba | Aijaz A Dar | Syed Inam Ul Haq
takeovers. Mergers, in which two companies of roughly

62
INTERNATIONAL DAY
(April-June)
INTERNATIONAL SEEDS DAY
International Seeds Day is celebrated on
April 26 every year. This day is dedicated
to advocate patent-free seeds, organic
food, and farmer's right. Seed is the life for
farming.

WORLD VETERINARY DAY


Under the theme of "Promoting Diversity, Equity, and Inclusiveness in the
Veterinary Profession", World Veterinary Day was celebrated on 29 April 2023.
Last Saturday of April to celebrate the efforts of veterinary associations and
to advocate for fairness and equity.

INTERNATIONAL POTATO DAY


Since July 2022, the International Day of the Potato is celebrated on May 30. It is the first
International Day declared by the United Nations for a major crop and it is a testament
of the many qualities of the potato that make it a vital tool in helping to eradicate poverty,
improving food security, and providing healthy and nutritious food to millions of consumers
around the globe.

WORLD MILK DAY


World Milk Day is an international day established by the Food and Agriculture
Organization (FAQ) of the United Nations to recognize the importance of milk
as a global food. It has been observed on June 1 each year since 2001.

Share your Experience with

Write to Editor
Agri Rise
Email: agririse@icar.gov.in
Room No. 217, Krishi Anusandhan Bhawan-II Pusa, New Delhi-110 012
Published by Project Director (DKMA), on behalf of Indian Council of Agricultural Research, Krishi Anusandhan Bhavan I,
Pusa, New Delhi 110012, and printed at M/s Royal Offset Printers, A-89/1, Naraina Industrial Area, Phase-I, New Delhi 110028.
Editor : Dr Seema Jaggi, agririse@icar.gov.in

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