Accelerator fund for agri-startups

  • February 2, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Accelerator fund for agri-startups

Subject :Schemes

Section :Agriculture

Context: The government will set up an accelerator fund for agri-startups: Budget

More on the News:

  • The government will set up an accelerator fund for agri-startups to increase digital infrastructure in the rural areas and boost startups in this space.
  • The fund will work towards implementing cost-effective solutions to address the various challenges faced by farmers by introducing cutting-edge technologies and increasing output.

Agriculture Accelerator Fund:

  • The fund is to be setup to increase the number of agricultural startups in the rural areas
  • The main aim of the fund is to provide innovative and affordable solutions
  • It will focus only on farmers and the challenges faced by them
  • More young entrepreneurs will be encouraged to begin agri-startups using these funds
  • Startups focusing on cost-effective solutions will be given priorities
  • Also, technology startups that aim to increase agricultural outputs will be given preference.
Accelerator fund for agri-startups Schemes