Agriculture Grand Challenges launched to promote startups - News Summed Up

Agriculture Grand Challenges launched to promote startups


The Centre for Cellular and Molecular Platforms (C-CAMP), the country’s premier biosciences technology and innovation hub, on Friday announced the first nationwide Agriculture Grand Challenges under K-tech Centre of Excellence for Agri-innovation to identify promising innovations to address major problem areas of Indian agriculture. For each winning startup, funding of up to ₹25 lakh, incubation, mentorship, and hand-holding, would be provided by C-CAMP. The initiative is jointly supported by the Agriculture Department and Department of Electronics, IT, Biotechnology and S&T of the State, for promoting technology-driven entrepreneurship in the agriculture sector. Ashwath Narayan, who is also Minister of IT, Biotechnology and S&T, launched the programme. A memorandum of understanding (MoU) was signed for ‘Indo-Israel Innovation Bridge’ which has the objective of bringing together the startup ecosystems of both the countries in life sciences and agri-tech.


Source: The Hindu July 23, 2021 20:15 UTC



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