Comprehensive 3-Stage Program for Agricultural Entrepreneurs
Transforming agricultural innovation into successful businesses
VIKAS-RABI is launching its VIKAS 6 program for interested ideation stage entrepreneurs/Startups with innovative idea or any uncommercialized ICAR/SAUs/CSIR Technology on Agri-Biotech, Agriculture, Horticulture, Natural Resource Management, Sustainable Agriculture/Organic farming, Animal Husbandry, Dairying, Fishery, Agri-Input tools and technologies, Micro Irrigation, Farm Mechanization and Agri Engineering, Precision Farming, Harvesting and Post-Harvest Processing, Food Processing; Supply Chain Management, Farm Retailing, Agri Extension Education, Internet of Things (IoT), ICT and Artificial Intelligence in Agriculture, Waste to Wealth, Secondary Agriculture, Agri Clinics & Farm Health services, etc.
VIKAS 6 aims to develop and accelerate Agri-startups under three stage process of incubation under VIKAS-RABI incubator.
Foundation Stage - Building entrepreneurial mindset
per month for one month during training period
The VIKAS-RABI shall execute an agripreneurship orientation program. This program aims at providing an opportunity to interested ideation stage entrepreneurs/Startups to work on their innovative ideas by imparting one month training cum hands on internship with similar Startups. Guided by experienced and innovative startups, they will be able to understand business concepts/nuances, strategy and practical insights of specific industries or markets, challenges and strategies to resolve them.
VIKAS-ABI announces the program at state/local level with prescribed application format
All applicants apply as per prescribed format through website
VIKAS-RABI committee selects agripreneurs with innovative ideas and entrepreneurial aspirations
VIKAS-RABI selects a batch of 30 Agripreneurs with workable innovative ideas
Development Stage - From idea to prototype
Pre-Seed Stage funding for selected agripreneurs
Under this stage, only selected Agripreneurs among batch of 30 from Orientation Program will be allowed to take benefit of Pre-Seed Stage Grant-in-Aid of Rs.5 lakhs. Pre-Seed Stage Grant in Aid has been designed to make risk free attempt to the Agripreneur to convert his idea based on technology, service, business platforms etc. into prototype/product, services/platforms etc. and launching of a business based on that. This grant is very crucial for an entrepreneur where he has to launch his product into market.
Interested interns make presentation before VIKAS-RABI Committee after completing orientation
Committee evaluates progress made during orientation program
RKVY-RAFTAAR Selection & Monitoring Committee evaluates and recommends for funding
Execute legal agreement before first installment release
Scale-up Stage - Market launch and growth
Seed stage funding for scaling operations
This seed stage funding will be available to incubatees who are incubated at the VIKAS-ABI. Under this, financial assistance of a maximum of Rs. 25 lakhs will be granted to potential startups that have a minimum viable product (MVP) based on innovative solutions/processes/products/services/business models in agriculture and allied sector. This support will assist the incubatees to launch their products/services/business platforms etc. into the market and help them to scale up their operations as well as to attain business viability at a faster pace.
VIKAS-RABI Committee evaluates progress after one month residency
Committee considers other grant-in-aid funding received from GOI ministries
Based on performance, committee recommends for seed stage funding to RC
RC makes final decision on funding amount and terms
Join the VIKAS 6.0 program and transform your agricultural innovation into a successful startup with our comprehensive 3-stage support system.
Apply for VIKAS 6.0