Indian Angel Network is inviting startups in the food and agriculture sector for a one-on-one session to discuss their concepts and plans. The session is designed to help budding and aspiring innovators/entrepreneurs to get feedback from IAN about their direction and plans.
The one-on-one sessions have been scheduled for April-25 here.
Each entrepreneur will be given a 15 minute slot for the presentation of their business plan followed by Q&A and feedback. Participants can use power point presentations or simply present their ideas and concepts.
Participants have advised that it is a feedback session and not a presentation for funding.
The Indian Angel Network and Michelin program for Supporting innovation in Farm-to-Market Logistics or F2ML is designed to provide mentoring, access to funding and technical assistance by industry experts to innovators whose solutions will help make the food supply chain operate more efficiently i.e. faster, better, cheaper and generate less waste.
Farm-to-Market Logistics includes products and services in the area of procurement, transportation, storage, distribution, preservation, processing and retailing of farm produce.
The F2ML program is a virtual incubation program, managed by IAN and supported by Michelin. Shortlisted innovators/entrepreneurs will receive assistance on designing their products or service, building the prototype, getting customer validation and preparing the foundation for commercialization of the idea.
The program is for a period of up to one year, with the possibility of further extension on a case-to-case basis.
Shortlisted applications will be invited for a one-on-one discussion, and selected innovator/entrepreneur will be assigned a business mentor from the IAN mentor pool comprising of successful entrepreneurs, investors and senior professionals.
The program will begin with an orientation and deep-dive interaction between the mentor and the mentee, as well as relevant persons from IAN and Michelin. The orientation session will be in Delhi. Innovator/entrepreneur(s) should ideally attend in person. However if they are not in Delhi we will connect them via Skype/Video Conference/Calls. The dates will be declared after all applications have been processed.
The mentor will guide the candidate/team through the duration of the program, including enabling access to industry experts and experts from Michelin, as and when appropriate.
From the programme, participants will get experienced perspectives to help them take decisions on their product/service design. They will also receive guidance and assistance in accessing resources – this may include (but is not guaranteed) funding and access to grants on a case-to-case basis. In addition, they will get assistance in assessing the commercial and market viability of the concept.
The program is open for individuals, teams or Indian start-ups and SMEs based in India. For innovators with patented ideas, they should have a clear title of the patent.