14.6 crore paid to agriculture start-ups at the IIM-Kashipuri fair.

A total of ₹14.6 billion was disbursed to start-ups in start-up support at Uttishtha 2024, the seventh edition of the agriculture start-up expo organized by FIED and E-Cell. IIM Kashipur “Agri Mela Startup Expo”  27-28. in January to bring stakeholders under one roof

Out of this amount ₹ 1.35 will be given by RKVY RAFTAAR RABI and Union Ministry of Agriculture to 13 startups focused on agriculture. Farmers Welfare in 2023-24 and sanctioned ₹ 2.89 crore to 13 startups under the Startup India seed fund scheme. Several startups backed by IIM-Kashipur FIED have raised ₹ 320 crore and more from external venture capitalists and angel investors, according to media reports.

Helping Startups in Uttarakhand

Under the RKVY RAFTAAR RABI program of the Union Ministry of Agriculture and Rural Affairs, IIM-Kashipur FIED has funded and provided entrepreneurship training to around 200 startups since its inception. Quoting Kulbhushan Baloon, director of IIM-Kashipur, the statement said, “Since IIM-Kashipur is committed to regional development, we are trying to help agro-tech companies operating in Uttarakhand, which makes IIM-Kashipur stand out among the top b-schools. . Since 2018, FIED has incubated 189 start-ups, which in turn have created more than 3,000 jobs. IIM-Kashipur has already impacted more than seven million farmers. Safal Batra, CEO of FIED and E-Cell Chairman, IIM-Kashipur said that the government has given IIM-Kashipur a Community Innovation Center at Atali.


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