About the Program
The agricultural sector plays a crucial role in ensuring food security, alleviating poverty, and fostering economic development globally. However, agricultural startups often face numerous challenges, including limited access to resources, technical expertise, markets, and financing.
To address these challenges and catalyze innovation in the agricultural sector, we are introducing the Agri Incubation Program in collaboration with Samunnati.
The program aims to empower entrepreneurs, accelerate innovation, and transform the agricultural sector by providing a supportive ecosystem for startups to thrive and succeed. By fostering entrepreneurship, sustainability, and resilience, the program seeks to create lasting positive impacts on food security, economic development, and environmental sustainability.
Objective
- To provide comprehensive support and mentorship to agricultural startups at various stages of development.
- To facilitate access to resources, including infrastructure, technology, funding, and market opportunities.
- To foster collaboration, networking, and knowledge sharing among startups, industry experts, investors, and other stakeholders.
- To promote sustainable agricultural practices, innovation, and entrepreneurship in the agriculture sector.
Key Components
Mentorship and Guidance
Pairing startups with experienced mentors from the agricultural industry to provide personalized guidance, advice, and connections.
Access to Resources
Providing startups with access to facilities such as co-working spaces, laboratories, greenhouses, farmland, specialized equipment, and technologies for testing and experimentation.
Training and Workshops
Organizing workshops, seminars, and training programs on topics such as sustainable farming practices, agribusiness management, financial planning, marketing strategies, and technology adoption.
Networking Opportunities
Facilitating networking events, meetups, conferences, and online communities where startups can connect with investors, partners, suppliers, customers, and industry stakeholders
Funding and Investment Support
Assisting startups in preparing business plans, financial projections, investment pitches, and accessing funding from investors, venture capitalists, government grants, and other sources.
Legal and Regulatory Guidance
Offering support in navigating legal and regulatory requirements related to agriculture, including licenses, permits, certifications, and compliance with environmental standards.
Market Validation and Access
Helping startups conduct market research, validate their product or service offerings, identify target customers, and access markets through partnerships with retailers, distributors, food processors, restaurants, and online platforms.
Who can Apply
Early-stage agricultural startups with innovative ideas, products, or technologies.
Established agricultural enterprises looking to diversify or scale their operations through innovation and entrepreneurship.
Researchers, scientists, and innovators seeking to commercialize their agricultural innovations and inventions.
Youth, women, and marginalized communities interested in pursuing entrepreneurship and employment opportunities in the agricultural sector.
Timelines
Call for Applications
Screening & Onboarding
1:1 Need Assessment & Goal Setting
Interventions
Mock Pitches & Demo Day
Investor Partners
Contact Us
contact@isbdlabs.org / nagaraj_bolakatti@isbdlabs.org
FAQs
Early-stage agricultural startups with innovative ideas, products, or technologies.
Here’s is how it works:
Step 1: Apply for the program from the mentioned link.
Step 2: Make sure you mention all the required details
Step 3: Applications will be evaluated and shortlisted by a committee of experts
Step 4: Shortlisted startups will be given the opportunity to pitch their business plan virtually in front of our panel.
Step 5: The results will be announced shortly after the pitch and selected startups will be onboarded to the program.
The program has a timeline of approximately 10 months,
After the application submission, the shortlisting and onboarding process will take place. Shortlisted startups will be notified and provided with further instructions and details regarding their participation in the program.
Yes, its a equity based program
For any further inquiries or questions, please feel free to contact us at nagaraj_bolakatti@isbdlabs.org /contact@isbdlabs.org Our team will be happy to assist you and provide the necessary information.