TAD NewsDesk, New Delhi: The National Institute of Agricultural Extension Management (MANAGE) will release a grant of ₹4 crore which is to be divided among 40 Agri start-ups.
The grant has been launched under Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR)’s Innovation and Agri-entrepreneurship Development project.
A MANAGE representative said,
“The point of this program is to advance development and agripreneurship by offering monetary help and supporting the brooding environment.”
The new business could be branched out in the following areas:
- Food innovation
- Value expansion
- Artificial Intelligence
- Internet of Things
- Advanced horticulture and organic cultivation.
“These new companies are tending to many difficulties faced all over the agrarian value chain. These start-ups have arisen as a missing connection between the farmers, vendors, wholesalers, retailers and purchasers.”
The selected companies are to be trained for 2 months at the Center for Innovation and Agripreneurship (CIA) at MAANGE in different aspects of maintaining and functioning of the businesses.
P Chandra Shekara, Director General of MANAGE, said.
“Start-ups are leaders and inventive enthusiasts that are getting the change in the farming sector.
Agriculture based new startups have been doing their rounds and this time a grant by an institute is going to aid many.
Source: Krishi Jagran