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Centre of Entrepreneurship

FASAL

Fostering AgriTech Startups for Augmenting Livelihood
A CoE for IoT in Agriculture at Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV), Akola.

Objective: To create a holistic ecosystem for encouraging innovation, R&D and entrepreneurship in AgriTech domain and to address the problems of farmers in the region to increase their productivity and profitability.

Focus Areas: Digital Farming, Smart Techniques for Crop Protection & Management, Forecasting using Predictive Analytics, Enhancing Farmer income in off-season using Hydroponic Vertical Farming System.

Location: Dr. PDKV is one of the oldest Agricultural University, established on 20th October 1969. Akola district is also land of cotton which is famously known as white gold district of Maharashtra State. However, with scanty rains and very limited irrigation facilities at disposal, cotton farmers are often exposed to higher risks that many times result in loss of income. The second largest crop grown in Vidarbha region is Soybean which is predominant in kharif season. Keeping in view of these facts, a CoE in mentioned domain has been established to address the problems of farmers in this region.

A CoE for IoT in Agriculture at Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV), Akola.

Partners: The partners include Ministry of Electronics & Information Technology (MeitY), STPI, AIC STPINEXT, Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV), Akola, College of Engineering & Technology, Akola, Krishi Vigyan Kendra (KVK), Akola, ICAR - Indian Agricultural Research Institute (IARI), New Delhi, Agriculture Insurance Company Ltd. (a PSU under Ministry of Finance), ioCare Pune, Amazing Aerial Solutions Pune, SatSure Analytics India Pvt Ltd, Bangalore, Indian Society of Agricultural Engineers (ISAE), New Delhi and TiE Mumbai.

Target Beneficiaries: Support and nurture 25 startups over a period of 3 years.

Duration: 3 years. 

Budget & Source of Funding: Total Budgetary outlay for the project is Rs. 1095 lakh shared by MeitY (Rs. 1022.25 lakh), STPI (Rs. 54.75 lakh), and Industry Partners (Rs. 18 lakh).

No. of Mentors: 6

For more details go to below link:

FASAL CoE Website

Facilities & Services

  • 10,000 sq. ft. at Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola
  • World-class 40-seater ultramodern incubation centre with domain-specific physical lab facilities for R&D
  • Networking with academic institutes, Research Labs and other R&D entities
  • Mentoring, Training & Workshops
  • Networking, Marketing and Outreach Support
  • Access to Financial Resources
  • Funding up to Rs. 10 Lakhs per startups
  • Collaboration with government agencies and Agriculture domain industry
  • On-field demonstration of the solutions/products developed with the help
    of farmers
  • IPR/Patenting & Legal, accounting support

Chief Mentor

FASAL

Dr. Anand Deshpande

Founder, Chairman & MD, Persistent Systems Ltd.

Head of CoE

FASAL

Shri Ajay P. Shrivastava

Director, STPI-Pune

Highlights

Objectives

To create a holistic ecosystem for encouraging innovation, R&D and entrepreneurship in AgriTech domain and to address the problems of farmers in the region to increase their productivity and profitability.

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