12 April 2022, New Delhi: The Agribusiness Incubator (ABI) of the International Crops Research Institute for Semi-Arid Tropics (ICRISAT), Hyderabad, has invites applications from AgTech startups under the NIDHI-Seed Support Scheme (NIDHI-SSS).
NIDHI-SSS is supported by the National Science & Technology Entrepreneurship Development Board (NSTEDB), the Department of Science and Technology (DST), and the Government of India.
Under the scheme, ABI-ICRISAT will offer:
- Incubation services for business development and scaling up activities
- Access to our mentor and investor network
- Ecosystem service partner packages
“We aim to support technology-driven innovative start-ups in agriculture and allied sectors that can contribute to our mission of a food secure and resilient drylands. We are looking to engage with early revenue stage start-ups with product-market fit and clarity on their value proposition. The seed fund will enable them to accelerate their commercialization activities.” said Aravazhi Selvaraj, Head, ABI-ICRISAT.
Startups selected for incubation will be evaluated as per scheme criteria to receive funding up to Rs 50 lakh.