- The document proposes an agriculture innovation project called Team Spherex to address issues like low crop yields, farmer incomes, and food security.
- The project would involve installing vertical farming structures with LED lights, solar panels, and climate control to grow crops at higher yields year-round.
- It would provide a direct interface between farmers and industries, helping farmers adopt new seeds and farming practices while also connecting them to product buyers.
- The business model would recover the ₹20 lakh investment per quarter hectare structure within 5 years through revenue sharing and subsidies, while also earning margins on seed and product sales.
- The document proposes an agriculture innovation project called Team Spherex to address issues like low crop yields, farmer incomes, and food security.
- The project would involve installing vertical farming structures with LED lights, solar panels, and climate control to grow crops at higher yields year-round.
- It would provide a direct interface between farmers and industries, helping farmers adopt new seeds and farming practices while also connecting them to product buyers.
- The business model would recover the ₹20 lakh investment per quarter hectare structure within 5 years through revenue sharing and subsidies, while also earning margins on seed and product sales.
- The document proposes an agriculture innovation project called Team Spherex to address issues like low crop yields, farmer incomes, and food security.
- The project would involve installing vertical farming structures with LED lights, solar panels, and climate control to grow crops at higher yields year-round.
- It would provide a direct interface between farmers and industries, helping farmers adopt new seeds and farming practices while also connecting them to product buyers.
- The business model would recover the ₹20 lakh investment per quarter hectare structure within 5 years through revenue sharing and subsidies, while also earning margins on seed and product sales.
(20pgp144@iimraipur.ac.in) • Potential food security BIG IDEA Problem we are threat • Low yield per hectare trying to • Low per capita income • Agriculture extensions • Direct interface address of farmers and seeds between farmer • Disguised • Water testing and industries. Traditional unemployment farmer and Target Backward Forward educated Segment • High yield generation integratio Vertical integrati youth • Providing forward as n Farming on well as backward • Farmer’s Differen linkage which is not Either Bamboo poles or resistance tiating done by most polymer covered aluminum factors competitors towards poles structure • Act as consultant for adoption farmers. process PVC conduits for carrying • Difficulty in Potenti water and fertilizers • Resilient and procturing al entry barriers sustainable farming for advanced food security seeds Use of diffusing plastic for • Encourage farming as coverage and effective reach an entrepreneurship of sunlight to all plants • We will need 20 Potential • Employment lakhs per 1/4th of impact generation and hectare to increase in per capita LED lights between each implement this income for farmers layer to achieve night plant • To fill gap in agriculture Potential growth • Funding will be supply chain investme done through nts • Availability of Solar panels at top to venture nutritious food provide electricity at night capitalists • Sources for Business model:- farmers:- • Revenue model:- Collecting 20 % of the total investment every year Connected to atmospheric Farmers can avail which would sum up to 100 % investment recovery at the end of 5 conditioning unit that reclaims excess moisture subsidies and years. loan using • Take assistance of government programs for getting subsidies for government implementing the structure. Automatic functioning schemes like • Earn margin while providing enhanced and hybrid seeds from cross- through with help of Atmanirbhar raspberry pie system borders. Bharat. • Minimal percentage fee for providing forward linkage. Video Pitch