Agritech firm nurture.farm has launched its Catalyst incubation programme to assist agri-tech start-ups in sustaining and expanding.
Catalyst will assist agri-tech start-ups in collaborating with key partners across the agricultural ecosystem, obtaining sustainability financing, testing their products or solutions at scale, and gaining access to infrastructure, knowledge, and people resources. According to the company, the programme will provide its incubatees with a comprehensive range of support to enable and quicken their growth journey.
The incubation programme focuses on developing growth phase, pre-revenue, seed-funded, or angel-funded start-ups. It seeks to assist, work with, and champion these start-ups as they forge ahead. Start-ups can benefit from nurture.farm’s experience, tap into their rural network, utilise industry connections, and the company’s goodwill by working with them.
Dhruv Sawhney, Business Head & COO of nurture.farm said’ The industry must band together, pool resources, exchange knowledge, and share learnings in order to support rapid growth and scalability.’
He further said ‘We recognise the need to pave the path for other agtech start-ups to drive innovation and change as we examine the significant difficulties in agribusiness. These emerging start-ups may take use of our ecosystem, test their solution offers at scale to determine product-market fit, and help farmers, the agro-ecosystem, and the planet solve problems.’
‘The time to act is now, and our incubation programme ‘Catalyst’ is another step in that direction. We need to start focusing on developing sustainable agriculture practises and seek to integrate technology in the sector to solve problems.’
On the nurture.farm website, aspiring start-ups can apply for the initiative. Organizations such as UPL, NPP, Advanta, and Decco are among the company’s knowledge partners. An experienced panel of agricultural industry experts will review each application, mentor start-ups, and assist them in growing. According to the company information, the programme will take applications until March 31, 2023.