Indian Veterinary Research Institute - Seed Stage … Application_Final... · Web viewof residency at the R-ABI. The recipient has to be an Indian start-up as per DIPP notification

RKVY-RAFTAAR ABI (R-ABI) SchemeICAR- Indian Veterinary Research Institute

Izatnagar- 243122, Bareilly

Application form for Samriddhi-2019(a launchpad for animal Science based start-ups)

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, 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.

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. Agribusiness Incubation Centre 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

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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.

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

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Izatnagar- 243122, Bareillyof 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 II. Committee (RIC) as per clause No. 4.5.11

III. 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.

IV. After two months of residency of incubatees, RIC will evaluate the progress of the incubatee and based on their performance recommend them for seed stage funding to RC.

V. RC will further evaluate and recommend the incubatees to the Nodal Division, DAC&FW for seed stage funding.

VI. 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.

VII. 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 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:

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Izatnagar- 243122, Bareillyi. 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:

iv. Product Refinement/Testing and Trials/ Test Marketing/ Marketing launch

v. Expenses on data generation/data acquisition for ideas working on IT side/AI side

vi. Fees for IP issues/one time technology licensing fees

vii. Manpower for day to day operations

viii. Day to day operational expenses like electricity bill, incubation charges etc.

ix. Any other area/activity as deemed necessary and recommended by the RIC of R-ABIs.

Program Period: 5th August 2019 – 4th October 2019 (8 Weeks)

Important Instructions:

a. Application should reach to following address by registered post/hand delivery/courier or E-mail on the address mentioned below.

b. Clearly mention the Subject line “Application for Samriddhi 2019” while emailing your application.

c. In the case of registered post/ hand delivery/ courier, clearly mention the subject line

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Izatnagar- 243122, Bareilly“Application for Samriddhi 2019” on the envelope.

d. Incomplete application, re-submission and late submission for any reasons whatsoever will not be entertained.

e. IVRI R-ABI reserves the right to reject any application without assigning any reasons thereof.

Address of Submission/ Communication

Dr. R.P.SinghPI/Agri- Business Incubation Project &Head Division of Biological ProductsICAR-Indian Veterinary Research InstituteIzatnagar-243122, Bareilly,IndiaPh: +91-581- 2301940Mobile/WhatsApp: 9412360917E-mail: [email protected]

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Application submission last date25th July 2019, before 5:00 p.m.

Completed application along with the concept note to be emailed at : [email protected] details/ guidelines, please visit www.rkvy.nic.in

Please do not forget to mention the Subject line “Application for Samriddhi 2019” while emailing your application or on top of the envelope when sending through registered post/ hand delivery/ courier.

http://www.rkvy.nic.in/

mailto:[email protected]


Please paste Passportsize Photograph



Application form for Samriddhi-2019 (A launchpad for animal Science based start-ups)

A. Personal Information

a. Applicant’s Name:Mr./Ms./Dr. : ………………………………………………………………

b. Age (in years):…………………………………………DOB: ……………/…./………………..

c. Address for Correspondence: ……………………………………………………………………

……………………………………………………………………………………………………………………………………………..

…………………………………………………………………………………Pin Code: ……………………………..

d. Phone/Mobile(Mandatory):

e. Email (Mandatory):……………………………………………………………………………………..

f. Native State:………………………………………………………………………………………

g. Qualification :

Qualification Degree Name YearofPassing Marks Obtained (%)

Senior Secondary

Higher Secondary

Graduation

Post-Graduation

PhD

h. Entrepreneurship Experience (No. of years): …………………………………………………………

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B. Enterprise Details

a. Have you registered your company? (Please tick () the applicableoption)

YES No

b. What is the legal status of the entity you have formed? (Please tick () the applicable option)

Sole Proprietorship Partnership Limited Liability Partnership

Private Limited Company

c. Company’s Name (If Applicable): ……………………………………………………………………

d. Address: …………………………………………………………………………………………………

……………………………………………………………………………………………………………

……………………………………………..Pin Code:…………………………………………………

e. Establishment year:…………………………………………………………………………………….

f. How much money have you invested in your company (Rs.)?:………………………………….....

g. Website:…………………………………………………….

h. Team Details

S.No Name Gender (M/F)

Highest Qualification

Experience (Years)

Current Profile

Role in the proposed startup

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C. Project Title: ……………………………………………………………………………………….

Executive Summary/ Brief overview of your business proposal (In not more than 150 words).

D. Product Details:

a. Which Focus Area does your product/ service belongs to (Please tick ()the applicable option):

1. Food Processing (Dairy/ Meat/Fish/ Poultry)2. Livestock & Poultry Farming3. Integrated Livestock Farming/ Organic Animal Husbandry4. Waste to Wealth, Secondary Agriculture5. Animal Breeding and Genetics6. Veterinary Vaccines/ Diagnostics/ Biotechnology Products7. Veterinary Medicines and Healthcare Services8. Veterinary Poly clinic/ Pet Clinic/ Veterinary Mobile Clinic9. Veterinary Extension Services/ ICT10. Animal Feed Industry/ Feed Technologies11. e-market/ Marketing & Supply Chain Management12. Frozen Semen Bank/ Animal Germ Plasm13. Engineering Tools for Livestock Health & Production

b. Stage of product development? (Please tick () the applicable option)

c.How much time will it take for the innovation/technology to be completely market ready? (Please tick

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Description

Concept-Idea stage

Proof of Concept: Some experiments done. Preliminary proof of concept exists.

Prototype: Several proofs of concept demonstrated.Minimum viable product (MVP): Pre commercialization use. Prototype made and performance claims tested, trials have been done on sufficient scale to demonstrate interest of potential customer.


Izatnagar- 243122, Bareilly() the applicable option)

Already in active use now 1-6months 7-12months 12+ months

E. Please explain your technology in brief: Technology Description: Intended product/service/ process (Define scope carefully).

I Name of the product/technology/Methodology/Services

II. What problem is it going to solve?

II Potential target population of the product

IV. Potential Primary customer of your technology

V. What is the USP (Unique Selling Proposition) of your product?

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VI. Does your technology have any intellectual property protection? If not, what is your plan to protect your technology from competitors?

VII Did you take any grant-in-aid from any R-ABI or other GOI Institution for same business idea?

Yes No

If yes, please provide the following details:

Name of the Institute: ……………………………………………………………………

Grant-in-aid amount (Rs.):………………………………………………………………

Purpose for aid given: ……………………………………………………………………

F. Market and commercialization

I What is the competitive advantage of your technology with respect to existing products/ services/technologies in the market today?

II. Market assessment: Size and growth. Please give an estimate of your target market segments(In Lacs).₹

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III. Describe your go to market strategy?

IV. Who will be the Potential partner(s) to engage with; government, foundations, industry connections etc.?

G. Expectations from Incubator

I. What support do you expect from this program and IVRI?

II. Are you ready to attend the 8 weeks of residency program in Bareilly? (Please tick () the applicable option) Yes No

III. How did you get to know about the Samriddhi 2019 Program?(Please tick () the applicable option)

IVRI Website Facebook Twitter

Whatsapp Print Media: Newspaper/magazine Words of mouth

Note:**Applications to be addressed to the following address:

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Dr R.P. SinghPI/Agri- Business Incubation Project &Head Division of Biological ProductsICAR-Indian Veterinary Research Institute Izatnagar-243122, Bareilly.IndiaMobile/What’s App :9412360917Email: [email protected]

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Completed application along with the concept note to be emailed at : [email protected] details/ guidelines, please visit www.rkvy.nic.in

Please do not forget to mention the Subject line “Application for Samriddhi 2019” while emailing your application or on top of the envelope when sending through registered post/ hand delivery/ courier.

http://www.rkvy.nic.in/


Documents

Indian Veterinary Research Institute - Seed Stage … Application_Final... · Web viewof residency at the R-ABI. The recipient has to be an Indian start-up as per DIPP notification