POST GRADUATE PROGRAM IN AGRI ENTREPRENEURSHIP & FAMILY BUSINESS

About PGP-AEFB Explaining by Director ISAB

ABOUT THE PROGRAM

Agri entrepreneurship and family business are two intertwined concepts that play significant roles in the agricultural sector.

Agri Entrepreneurship:

• Agri entrepreneurship refers to the entrepreneurial activities and initiatives within the agricultural sector. It involves identifying opportunities, taking risks, and creating innovative solutions to address challenges in agriculture and related industries.
• Agri entrepreneurs may be farmers, agribusiness professionals, or individuals outside the traditional agricultural sector who introduce new products, services, technologies, or business models to improve productivity, sustainability, and profitability in agriculture.
• Characteristics of agri entrepreneurship include innovation, adaptability, resilience, and a willingness to embrace change and uncertainty.
• Agri entrepreneurs may engage in various activities such as agricultural production, value-added processing, agri-tech startups, agritourism, agricultural marketing, and rural entrepreneurship.
• Successful agri entrepreneurship contributes to economic growth, job creation, rural development, food security, and environmental sustainability.

Family Business in Agriculture:

• Family businesses are enterprises owned and operated by members of one or more families. In agriculture, family businesses are prevalent, with many farms and agricultural enterprises being family-owned and managed.
• Family businesses in agriculture may involve various activities, including crop production, livestock farming, agribusiness operations, food processing, and distribution.
• Family businesses often have unique characteristics, such as a long-term perspective, commitment to sustainability, emphasis on family values, and integration of family and business interests.
• Challenges in family businesses in agriculture may include succession planning, intergenerational transition, conflict resolution, governance issues, and balancing family dynamics with business priorities.
• Despite challenges, family businesses play a vital role in the agricultural sector, contributing to food production, rural livelihoods, cultural heritage, and community development.

WHO SHOULD APPLY

UG students having family business in agriculture / allied sectors like poultry, fishery, animal feeds, agri inputs shops, farming, horticulture etc are welcomed to join the program and take their family business onto next level of growth. Bachelor’s degree with 55% marks or equivalent in the agriculture and allied streams like Horticulture, Forestry, Fisheries, Sericulture, Agriculture Marketing, Home Science, Food Processing, Veterinary and Animal Sciences, Plant Sciences, Agriculture Engineering, Food Technology, Biotechnology, and allied Sciences shall be preferred for taking admissions.

PROGRAM STRUCTURE

Seed Stage (Fundamental ):

• Corporate Communication for Entrepreneurs
• Business Analytics & Decision Making
• Organization Behaviour for family business
• Financial Accounting, Budgeting & planning
• Despite challenges, family businesses play a vital role in the agricultural sector, contributing to food production, rural livelihoods, cultural heritage, and community development.

Plant Stage (Intermediary ):

• Sales & Marketing of Agri-Inputs
• Agri-Supply Chain Management
• Food, Agribusiness Laws & Risk
• Corporate Finance & Budgeting

Tree Stage (Advance):

• Strategic Management for business growth
• Agribusiness Policies and Trade
• Leadership and Team Management
• Entrepreneurship Development & Risk Management
• Live Internship + Start up Assignment

Fruit Stage ( Incubation & Mentorship )

• Physical Infrastructure help
• Assistance for Farm management, hydroponics, poultry, fishery, Diary , Cold storage , Bio Fertilizer plants, Seed production units , Post harvest, Food Packaging , processing units
• Mentorship and coaching from true entrepreneurs.
• Access to Funding options under AIF agriculture infra development funds and other government schemes
• Networking and Community development
• National Training & Workshops, visit to technology bodies like CSIR , IARI, TIFAC, TERI etc for exposure
Business Support Services

PROGRAM HIGHLIGHTS & BENEFITS

• Live Interaction with Industry Leaders & Entrepreneurs
• Live Start up assignments for solving real time challenges
• Industry-oriented Content by experienced faculties/ start up mentors
• Industry Networking Support
• Special Invitation for Global Conferences
• ISAB Alumni Status after completion of the program

EVALUATION CRITERIA

Applicants shall be evaluated and assessed based on their Profile, Interest and Performance at ISA’BEST exam.

PROGRAM DURATION & SEATS

Max 60 students will be allowed to join 18 Months including classroom teaching, internship, and Live start up assignment under incubation support.

FEE OF THE PROGRAM (INCLUSIVE OF GST)

10.85 Lakhs for offline program + incubation support for growing family business

#	Fee Type	Amount (INR) inclusive of GST
1	Online application Fee	650
2	Registration Fee	30,000
3	Total Program Fee	10,85,000*(Registration fee included)

Note- Hostel fees are not included in the above fees.

LEARNING OUTCOME OF THE PROGRAM:

• Agri entrepreneurship and family business are closely interconnected, as many agricultural entrepreneurs start their ventures within family-owned enterprises or establish new family businesses.
• Family businesses provide a conducive environment for agri entrepreneurship, offering resources, networks, and support systems for entrepreneurial initiatives.
• Agri entrepreneurship within family businesses allows family members to leverage their knowledge, skills, and assets to innovate, diversify, and create value in agriculture and related sectors.
• Successful agri entrepreneurship can drive the growth and sustainability of family businesses, ensuring their continued success and resilience across generations.

CAREER SCOPE WITH THE PROGRAM:

Agri entrepreneurship and family business are integral components of the agricultural sector, driving innovation, growth, and prosperity while preserving family legacies and traditions in farming and agribusiness. Collaboration between agri entrepreneurs and family businesses can unlock new opportunities and create shared value for stakeholders in the agricultural value chain.