1 IVRI पशु विान Incubator ICAR- Indian Veterinary Research Institute RKVY-RAFTAAR ABI (R-ABI) Scheme Application Form for Samriddhi-2020 (Agripreneurship Incubation Programme) A. Introduction Rashtriya Krishi Vikas Yojna (RKVY) is an important scheme of the Ministry of Agriculture and Farmers’ Welfare (MoA&FW), Government of India aimed at strengthening infrastructure to promote agripreneurship and agribusiness by providing financial support and nurturing the incubation ecosystem. A new component under the revamped scheme Rashtriya Krishi Vikas Yojana - Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) has been launched in 2018-19. RKVY-RAFTAAR scheme at ICAR-Indian Veterinary Research Institute supports agribusiness incubation by tapping innovations and technologies for venture creation in Animal Science sector that includes- Food Processing (Dairy/Meat/Fish/Poultry), Livestock & Poultry Farming, Integrated Livestock Farming/ Organic Animal Husbandry, Waste to Wealth, Secondary Agriculture, Animal Breeding and Genetics/ Reproduction, Veterinary Vaccines/ Diagnostics/ Biotechnology Products, Veterinary Medicines and Healthcare Services, Veterinary Poly clinic/ Pet Clinic/ Veterinary Mobile Clinic, Veterinary Extension Services/ ICT, Animal Feed Industry/ Feed Technologies, e-market /Marketing & Supply Chain Management, Frozen Semen Bank/ Animal Germ Plasma, Engineering Tools for Livestock Health & Production.
Transcript
1
IVRI पशु विज्ञान Incubator ICAR- Indian Veterinary Research Institute
RKVY-RAFTAAR ABI (R-ABI) Scheme
Application Form for Samriddhi-2020
(Agripreneurship Incubation Programme)
A. Introduction
Rashtriya Krishi Vikas Yojna (RKVY) is an important scheme of the Ministry of Agriculture and
Farmers’ Welfare (MoA&FW), Government of India aimed at strengthening infrastructure to promote
agripreneurship and agribusiness by providing financial support and nurturing the incubation
ecosystem. A new component under the revamped scheme Rashtriya Krishi Vikas Yojana -
Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) has
been launched in 2018-19. RKVY-RAFTAAR scheme at ICAR-Indian Veterinary Research Institute
supports agribusiness incubation by tapping innovations and technologies for venture creation in
Engineering Tools for Livestock Health & Production.
2
IVRI पशु विज्ञान Incubator ICAR- Indian Veterinary Research Institute
In this process, incubation facilities and expertise already available with participating academic,
technical, management and R&D institutions in the country shall be utilized on an individual or
collective basis to harness synergies. IVRI Pashu Vigyan Incubator at ICAR-IVRI has been bestowed
with an incubator namely Indian Veterinary Research Institute Remunerative Approaches for
Agriculture and Allied Sector Rejuvenation Agri Business Incubation (IVRI-R-ABI) under this
scheme in January 2019.
Indian Veterinary Research Institute (IVRI) was established on 9th December, 1889 as an Imperial
Bacteriological Laboratory at Pune IVRI "Deemed to be University" (Maharashtra) and was later-on
shifted to Mukteshwar (Kumaon, Uttrakhand) in 1893. Mukteshwar was chosen because of its
suitability for research on infectious diseases. Subsequently, for extending the activities of the
Institute, Izatnagar, Bareilly (UP) campus was established in 1913 for large scale production of sera
and vaccines. It gradually expanded to the present size with its headquarters at Izatnagar (UP) and
campuses at Mukteshwar (Nainital, Uttrakhand), Bengaluru (Karnataka), Pune (Maharashtra) and
regional stations at Palampur (HP), Srinagar (J&K) and Kolkata (WB). At present, there are 21
Divisions and 6 Sections specialized in various disciplines/areas. Research conducted in the Institute
in the areas of animal health, production and technology with multidisciplinary approach has paid rich
dividends. The research contributions have facilitated development of new biologicals used for
diagnosis, prevention, cure and control of many devastating diseases of livestock and poultry,
increased production of milk, meat, eggs and other animal products.
B. Seed Stage Funding as grant-in-aid to Startups
This seed stage funding will be available to incubatees who are incubated at the R- 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. The amount of Rs. 25 lakh is the upper limit of the
seed fund assistance. The applicant incubatees would be provided funds as per their genuine
requirements and as per appraisal/evaluation of their business plans by the RC and the decision of the
RC in this regard will be final. The RC will not be bound to give any reason in case an application for
seed loan is rejected.
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. This support will also facilitate them to attract investments from angel/venture capitalists or
taking loans from commercial banks /financial institutions for further scaling-up of their business
operations.
3
IVRI पशु विज्ञान Incubator ICAR- Indian Veterinary Research Institute
1. Objectives
I. To ensure timely seed support to deserving incubatees within R-ABIs.
II. To enable translation of minimum viable product (MVP) to marketable stage and scale
up the product and business.
III. To provide a platform for faster experimentation and modification in their approaches
or minimum viable product (MVP) based on innovative solutions/ processes /
products/ services/ business models etc. for scaling up.
2. Eligibility Criteria
I. All incubatees of a R-ABI will be eligible for this funding on the basis of consistent
performance evaluated by RIC
II. The recipient should be a registered legal entity in India with a minimum of two months
of residency at the R-ABI.
III. The recipient has to be an Indian start-up as per DIPP notification. This support is not
meant for Indian Subsidiaries of MNCs/foreign companies.
IV. A startup supported once will not be eligible for applying for the subsequent round of
seed support to any R-ABIs.
3. Selection Process of Incubatee for Seed Stage Funding
I. Each of the R-ABIs would constitute a RKVY- RAFTAAR Incubation Committee
(RIC) as per clause No. 4.5.11
II. During the selection process, R-ABI will take into consideration any other grant-in-aid
funding received by the incubatee for the same activity/product from other GOI
ministries. A self-declaration from the incubatee about such funding will be mandatory.
III. After two months of residency of incubatees, RIC will evaluate the progress of the
incubate and based on their performance recommend them for seed stage funding to RC.
IV. RC will further evaluate and recommend the incubatees to the Nodal Division,
DAC&FW for seed stage funding.
V. Nodal Division, DAC&FW will approve and sanctions the project of the incubatees
based on recommendation of RC and release the first installment of the grant-in-aid to
the respective R-ABI for further disbursement to the incubatee.
VI. The R-ABI would execute a legal agreement with the incubatee who is selected for the
seed support and this agreement should be signed before the release of the first
installment of seed fund to the incubatee. The terms of agreement with the incubatees
start up should be framed by the R-ABI linking with the progress milestones, monitoring
4
IVRI पशु विज्ञान Incubator ICAR- Indian Veterinary Research Institute
norms etc. Subsequent disbursement schedules should be
linked to the achievement of milestones by the incubatee.
4. Pattern of Funding Support and Release of Funds
I. Under the scheme, it is proposed to support around 500 startups during the scheme
period. A maximum of 20 startups per R-ABI will be supported under this scheme. Each
selected startup will be provided a maximum limit of Rs. 25 Lakh as grant-in-aid under
the scheme. (start-ups already receiving grants / financial support from any other source
will not be eligible under RKVY- RAFTAAR)
II. For ensuring incubatee/ private participation in the programme, 15 percent on
proportionate basis of the project cost will be borne by the incubatee. The remaining 85
percent of the project cost on proportionate basis upto a maximum of INR 25 lakhs will
be borne under RKVY-RAFTAAR scheme which will be released in three installment
as mentioned below:
i. The first installment of 40 % of the sanctioned project for seed support will be release
after signing of the agreement between the incubator/ R- ABI and the incubatee.
ii. The second installment of 40% will be released to the incubatee after recommendation
of RIC based on their performance and achievement of milestone as well as after
utilization of 80% of previously released amount and receipt of provisional UC of
80% of already released funds. iii.
iii. The third installment of 20% will be released to incubatee by the Nodal Division
through R-ABIs after recommendation of RIC based on their performance and
achievement of milestone as well as after utilization of 80% of previous released
amount and receipt of provisional UC of 80% of already released funds.
iv. After two months, market access will be facilitated by the R-ABI.
v. The R-ABI will also organize a Demo Day for Investor pitch to showcase the matured
product of the incubatee to investors for further facilitation of funding.
5. Broad Activities to be supported under Seed Stage Funding
Expenses for the following broad activities would be supported under this programme:
I. Product Refinement/Testing and Trials/ Test Marketing/ Marketing launch
5
IVRI पशु विज्ञान Incubator ICAR- Indian Veterinary Research Institute
II. Expenses on data generation/data
acquisition for ideas working on IT side/AI side
III. Fees for IP issues/one time technology licensing fees
IV. Manpower for day to day operations
V. Day to day operational expenses like electricity bill, incubation charges etc.
VI. Any other area/activity as deemed necessary and recommended by the RIC of R-ABIs.
Program Period: For details on the shortlisted applications and further procedures please keep a watch on our website www.ivri.nic.in.
Important Instructions:
a. Only online applications through email and google form will be accepted. Send your
applications through email at [email protected], with clear subject line “Application for
Samriddhi 2020”.
b. Applications are called on rolling basis and the selection will be done based on the best
proposals.
c. IVRI R-ABI reserves the right to reject any application without assigning any reasons
thereof.
Contact For any query please connect the following: Ms. Sagarika Gandhi, Business Manager: 9968328092 Mr. Achyut Nema, Asst. Business Manager: 7579138765 Dr. Bablu Kumar, Co-PI: 7906169478 Dr. R P Singh, PI-CEO: 9412360917
Only online applications through Email and Google Form is accepted
Completed applications should be emailed at : [email protected] For details/ guidelines, please visit www.ivri.nic.in and www.rkvy.nic.in
