Bootstrap Grant Assistance Call II
AgHub is ready with the second call of applicants for the Bootstrap Grant Assistance.
If you are a startup founder, student innovator or a rural entrepreneur, this is your chance to kickstart your entrepreneurial journey. AgHub presents the Bootstrap Grant funding up to INR 5 Lakhs for various beneficiaries in the agriculture and allied sectors.
Apply here before 15th September 2022
Eligibility for Bootstrap Assistance Grant
- Innovators / Startup who own the technology know how/ IP.
- Innovators working towards prototype development.
- Student entrepreneurs of PJTSAU with innovative ideas emerging after the completion of Design Thinking for UG and PG students of PJTSAU or any other students with innovation from eco system.
- Incubatees of AgHub
Recipients of the 1st Bootstrap Assistance Grant
The basic premise of Bootstrapping is that “it is process of building a business from scratch without attracting investment or with minimal external capital. It is a way to finance small businesses by purchasing and using resources at the innovator’s expense, without sharing equity or borrowing debt capital from banks”. Through the approval and sanction of RBIC, NABARD has sanctioned a dedicated head of bootstrapping fund at AgHub, PJTSAU. This grant assistance is helpful for the early-stage ideas/ Pos/ startups of entrepreneurs, innovators, student entrepreneurs and rural entrepreneurs. The focus areas for supporting innovations under Bootstrap assistance of NABARD are Food & Agriculture & allied sectors, Agritech, Biotech, Agribusinesses. This is in tune with Vision and Mission of AgHub and aligns with its mandate
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