Launch of SARANYA 6.0, an incubator program to support agri-startups in North Eastern India
The North East Agriculture Technology Entrepreneurs Hub (NEATeHUB) has announced the launch of SARANYA 6.0, an incubator program that aims to support and nurture agri-startups in the North Eastern region of India. With an emphasis on sustainable agribusiness development, the program offers a wide range of resources and support to help startups structure their businesses and become investment-ready. This is a crucial initiative that is expected to boost the growth of agribusiness firms in the region and promote innovation in the agriculture sector.
NEATeHUB is focused on promoting sustainability and growth in several key areas, including climate change, sustainable agri-tourism development, biosciences, allied agriculture, precision agriculture, and agri-logistics. To achieve these goals, the incubator has established a robust entrepreneurial ecosystem, with a focus on commodity-specific value chains. The incubator is designed to operate on a hub-and-spoke structure, with its own satellite centers in key locations across the North Eastern states, offering a wide range of resources and support to startups.
Resources and Support Provided by SARANYA 6.0
The incubator program offers technology and intellectual property support, business mentoring, co-working space with a plug-and-play environment, pilot production facilities, marketing support, and access to labs for dry and smart analytics. It also provides a robotics lab and a 3D printing facility for the startups. These resources are aimed at helping startups structure their businesses and make them investment-ready, with the incubator also providing mentorship and access to potential investors.
Eligibility and Application Process
To be eligible for the incubation program, startups should be in the MVP stage, beyond proof-of-concept and with early market traction. Growth-stage entrepreneurs with established revenues and an expanded team can apply for the accelerator program. The application process starts on 1st Feb 2023 and the last date of application is 15th Feb 2023 11:59:59 pm. Interested startups can apply at www.neatehub.org. For more information, the incubator can be contacted at info@neatehub.org or by calling 6913648112.
Impact of NEATeHUB on Agribusiness in North Eastern Region
The establishment of NEATeHUB is expected to have a positive impact on the development of agribusiness firms in the North Eastern region, fostering innovation and growth in the agriculture sector. With its focus on creating a sustainable entrepreneurial ecosystem and its offerings, SARANYA 6.0 is poised to be a significant stepping stone for agri-startups in the region, helping them to grow and become successful businesses. By providing startups with access to resources and support, NEATeHUB is creating an environment that promotes entrepreneurship and sustainable development.
Agribusiness is a crucial sector in the North Eastern region, and the launch of SARANYA 6.0 is a significant step forward in promoting its growth and development. The region is known for its rich biodiversity and unique climate, making it a hub of agricultural activity. However, the sector faces a number of challenges, including lack of infrastructure and limited access to markets. The incubator program, with its focus on sustainable agribusiness development, is expected to help overcome these challenges and promote innovation and growth in the sector.
In addition to the incubation program, NEATeHUB also offers a range of other services and support, including technology and intellectual property support, business mentoring, co-working space, pilot production facilities, marketing support, and access to labs for dry and smart analytics. The incubator also provides a robotics lab and a 3D printing facility, giving startups the resources they need to grow and succeed.
Creating an environment that promotes entrepreneurship and sustainable development
In conclusion, the launch of SARANYA 6.0 by North East Agriculture Technology Entrepreneurs Hub is a positive step towards the development and growth of agribusiness firms in the North Eastern region of India. The incubator aims to provide early stage startups with the necessary support and resources to help them grow into successful businesses, including physical space, infrastructure, mentoring, marketing support, and access to investors.
The programme is expected to benefit entrepreneurs in the MVP stage and beyond, who are working in the sectors of climate change and sustainable development, biosciences, allied agriculture, precision agriculture, and agri-logistics. The hub-and-spoke structure of the incubator, with satellite centres in key Assam neighbourhoods and other North Eastern states, will ensure that startups receive the support they need to succeed.
