Agri Udaan Scheme

By : Neha Dhyani

Updated : Apr 5, 2022, 10:39

The Agri Udaan Programme is a Food and Agribusiness Accelerator sponsored by the Department of Science and Technology and conducted by a-IDEA, NAARM's Technology Business Incubator. It will provide start-up mentorship and assist them in connecting with possible investors.

Agri Udaan Programme - Development and Phases

In 2015, a-IDEA, NAARM created the Agri Udaan Programme, a signature Food and Agribusiness Accelerator. The initiative was developed in collaboration with CIIE and IIM-A. 20 entrepreneurs were tutored, and 8 start-ups were funded out of 192 applicants.

In 2017, the Department of Science and Technology, in collaboration with Caspian, Yes Bank, Marico, and NeML, launched the second series of the Food and Agribusiness Accelerator, dubbed "Agri Udaan 2.0."

In collaboration with NABARD, Caspian, AgrInnovate, Omnivore, and other major partners, a-IDEA, NAARM, and DST created the Agri Udaan, Food and Agribusiness Accelerator 3.0 in 2019. On May 17th, 2021, ICAR-NAARM will introduce AGRI UDAAN 4.0.

The Agri Udaan Scheme is a specialized initiative that aims to help companies scale up to improve their overall development. The more than 7,500 incubators in existence focus on providing early-stage support to businesses throughout their incubation programs.

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Agri Udaan Programme Phase 2.0

The ICAR-NAARM Technology Business Incubator (TBI), a-IDEA, and the Indian Institute of Management Ahmedabad's (IIM-A) incubator Center for Innovation, Incubation, and Entrepreneurship unveiled the 'AGRI UDAAN'- Food and Agribusiness Accelerator 2.0. (CIIE) in 2017.

The goal of the Agri Udaan Programme 2.0, a 6-month initiative programme, was to assist chosen innovative companies in scaling up their businesses in the agriculture value chain to boost agricultural productivity.

Agri Udaan Programme 2.0 received over 579 applications, of which 40 were mentored, and ten were picked for further help, with four firms receiving investments totalling around 6.25 crore INR.

Following that, certain start-ups were assisted with regulatory services such as corporate registration, environmental compliance, etc. The entrepreneurs were also advised on how to write a realistic business strategy, do risk analysis, manage funds, commercialize technologies, and engage customers.

Agri Udaan Programme Phase 3.0

Agri Udaan Programme 3.0 was a four to six-month programme that began on 31st August 2019 in Hyderabad to receive applications from businesses trying to grow in the agri-tech area and give them support by bringing in ideas from all over the country.

Roadshows were also held in Bangalore, Pune, Bihar, Lucknow, Gurugram, Bhopal, and Guwahati as part of this initiative.

The 6th roadshow, which took place in Bhopal on 23rd September 2019, drew enthusiastic responses from a wide range of start-up entrepreneurs, investors, corporations, government officials, and other start-up ecosystem stakeholders, who shared their thoughts and opinions on critical aspects of food and agribusiness start-ups.

Renewable inputs, animal husbandry, unique food and supply chain technology, smart farming, Agri fintech, and Agri biotech were among the key focal areas of the Agri Udaan Programme 3.0.

Agri Udaan Programme Phase 4.0

The 4th edition of an idea's accelerator programme, the Udaan Agriculture Food and Agribusiness Accelerator, is now open for applications.

Agri Udaan Programme 4.0 brings together a wide group of partners to form an equitable and inclusive ecosystem aimed at scaling up Food and Agribusiness companies through intensive mentoring, industry networking and investor pitching.

The purpose of the Agri Udaan Programme is to attract young people across rural India and other parts of the world who have good business ideas and to assist them in turning those ideas into profitable enterprises.

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FAQs on Agri Udaan

Q.1. When did the Agri Udaan Programme begin?

The first series of the Agri Udaan Programme was introduced in 2015, followed by the second series in 2017. The third season, Agri Udaan 3.0, debuted in August 2019.

Q.2. Which ministry oversees the Agri Udaan Programme?

The Agri Udaan Programme is run by the Indian government's Department of Science and Technology.

Q.3. Which field is covered by the Agri Udaan Programme?

The Agri Udaan Programme is aimed at agricultural start-ups.

Q.4. Who is in charge of the Agri Udaan?

The technology incubator of the ICAR-NAARM, as well as the a-IDEA IIM Ahmedabad's Centre for Innovation, are in charge of the Agri Udaan.