The NEST: Startup Training Program is an initiative by Nutrihub ICAR-IIMR, operating as a Technology Business Incubator in Hyderabad. This program is delivered under the PM-RKVY (RKVY-RAFTAAR) Scheme, a national program by the Department of Agriculture & Farmers Welfare (DA&FW) within the Ministry of Agriculture & Farmers Welfare, Government of India. The Ministry is focused on agricultural advancement, farmer prosperity, and national food security, supporting agri-entrepreneurship through schemes such as RKVY-RAFTAAR. Nutrihub ICAR-IIMR supports this mission by providing targeted assistance for innovative ventures, particularly those centered around millets, recognizing their potential for sustainable agriculture and nutrition. This program is designed to provide training and support to emerging startups aiming to innovate within the millet sector.
This program offers a non-repayable Grant-in-Aid, with funding available up to ₹5 Lakhs per eligible startup. The financial support is structured to assist startups in scaling and refining their millet-based innovations. Funds can be allocated towards operational expenses, the development of market entry strategies, product refinement based on market feedback, and other activities necessary for the growth and sustainability of the startup within the agri-food ecosystem. This aid helps address financial challenges for early-stage ventures.
In addition to financial aid, the NEST program offers non-monetary benefits. Participants gain access to training modules covering various facets of business development, technical knowledge relevant to millet processing and product innovation, and strategies for achieving market access. Furthermore, the program provides technical and business mentoring from industry experts and entrepreneurs. This support helps startups develop scalable business models, improve technical capabilities related to millet-based products, and enhance market readiness in the agricultural sector.
