IIMA Ventures has launched ‘AAGL’ program under Assam Agri-business and Rural Transformation Project (APART) to support and accelerate growth of agri and allied enterprises in Assam.
Assam Agribusiness Growth (AAGL) is an initiative of APART, ARIAS Society, Government of Assam. AAGL built by IIMA Ventures co-implements the project with ICCSPL (Innovative Change Collaborative Services Pvt. Ltd.), a Project Consultancy firm based in Delhi with vast experience in the Northeast. Launched in 2021, AAGL is an 8 month acceleration program that seeks out 25 agribusiness enterprises per year and the 4 year support from APART is designed for AAGL to solve for critical interventions in entrepreneurship scene of Assam and is reviewed by World Bank. AAGL is now selecting its 3rd cohort. For an overview, 88% of the cohort in year 1 achieved at least 3 of the outcomes that are foci of the AAGL program, with 20 new products, increase in turnover across the cohort by at least 20%, 5.6 Crore INR mobilized in finance etc. The story gets better in Cohort 2. The support includes virtual diagnostic and mentoring clinics tailored to individual founders, focusing on areas such as packaging, distribution channels, communication, markets, quality, and other forms of technical assistance.
Building Entrepreneurial mindset for identifying best opportunities and applying best practices in business.
Supporting 1st generation entrepreneurs to learn the nuances in different aspects of business.
Support in product quality & testing, new product development, packaging, technology incorporation.
Assistance in accounting, government certifications for products, statutory compliances, automation of processes.
Provide business connects, collaboration opportunities, networking with stakeholders, building online presence.
Assistance in refining DPRs, selecting best modes of finance and connecting to Angel/VC investors, Banks, govt. schemes.
