FIED IIM Kashipur

What FIED IIM Kashipur does

FIED (Foundation for Innovation & Entrepreneurship Development) is a Section 8 nonprofit company serving as the dedicated incubation center of IIM Kashipur, headquartered at the institute's 200-acre campus in Kashipur, Udham Singh Nagar district, Uttarakhand. Founded in 2019 with a 20,000 sq. ft. facility and roughly 22 employees, FIED operates sector-vertical incubation programs with primary focus on Agriculture Technology and Agri-entrepreneurship, alongside Tourism, Education, Ayurveda & Wellness, Manufacturing, Logistics, FinTech, and Social Entrepreneurship. Its core programs include RABI (RKVY-RAFTAAR Agribusiness Incubation, currently Cohort 8.0, providing INR 5-25 lakh grants per startup), SISFS under DPIIT's Startup India initiative (INR 5 crores disbursed to date), and the Uttarakhand Rural Enterprises Incubation Program in collaboration with the Department of Rural Development.

The organization monetizes exclusively through government grants rather than commercial fees: INR 9.6 crores from the Ministry of Agriculture & Farmers Welfare over 2019-2024 under the RKVY-RAFTAAR scheme, plus onward distribution of SISFS seed funding. Its go-to-market is event- and application-driven: applications flow through an Incubation Seed Management Committee (ISMC) screening process, founders gain access to a 70+ mentor panel, and the flagship Uttishtha annual summit delivers top-of-funnel exposure (1,400+ pan-India registrations, 15,000+ live audience across nine editions). FIED supplements funding with capacity-building, networking, and India's first Agricultural Entrepreneurship Consortium, a multi-stakeholder platform connecting higher education institutions, industry professionals, researchers, and students.

Since inception, FIED has incubated 60+ agri-focused startups whose portfolio has collectively raised INR 300+ crores in external funding from Omnivore, Bertelsmann, Omidyar Network, and Sequoia Capital India. Beyond incubation, FIED has trained 300+ rural micro-entrepreneurs in Uttarakhand under the state program. Revenue is not publicly disclosed and the entity operates as a nonprofit under Indian company law, with oversight from IIM Kashipur's Board of Governors and external backers including the Ministry of Agriculture, DPIIT, MeitY, Startup Uttarakhand, NABARD, and SBI.

Name

FIED IIM Kashipur

Legal name

Foundation for Innovation & Entrepreneurship Development

Website

https://fied.in

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

FIED (Foundation for Innovation & Entrepreneurship Development) is the Section 8 nonprofit incubation center of IIM Kashipur in Uttarakhand, India. Founded in 2019, it provides cohort-based incubation, mentorship, and INR 5-25 lakh grants to startups across agriculture, education, sustainable tech, rural enterprise, and allied sectors, funded primarily through government grants.

Ownership category

akta.pro rank

Product category

Startup Incubation and Entrepreneurship Development Services

NAICS

Grantmaking and Giving Services (81321), Educational Support Services (61171), Professional and Management Development Training (611430)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industries

Entrepreneurship Foundations & Startup Basics (EDAMAHAA), SME & Entrepreneurship Development (Trade-Linked) (BPADAMAE)

Keywords

• Startup incubation services
• Entrepreneurship development
• Agriculture technology incubation
• Business mentorship programs
• Rural enterprise incubation

Headquarters

HQ city

Kashipur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Government Grants: FIED operates primarily through government grants including INR 9.6 crores from Ministry of Agriculture & Farmers Welfare over five years, and RKVY-RAFTAAR scheme providing INR 5 lakhs to INR 25 lakhs per startup. Also receives funding through Startup India Seed Fund Scheme (SISFS) with INR 945 Crore outlay.
2. Incubation Services: Provides incubation facilities, mentorship, capacity-building programs, and networking opportunities to agri-startups. Financial assistance provided to startups ranges from INR 5 lakhs to INR 25 lakhs.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

FIED is the Section 8 non-profit incubation center of IIM Kashipur that nurtures early-stage startups and entrepreneurs — with a primary focus on Agriculture Technology and agri-entrepreneurship, alongside Tourism, Education, and Sustainable Technologies. It offers structured incubation programs (RABI, SISFS, Uttarakhand Rural Enterprises Incubation Program), mentorship access through a 70+ mentor pool, funding facilitation (cumulative INR 300+ crores raised by portfolio startups), an Agricultural Entrepreneurship Consortium, an MIS tracking portal, and the annual Uttishtha entrepreneurship summit. To date it has supported 60+ agri-startups with grant backing of INR 9.6 crores from the Ministry of Agriculture.

Product overview

FIED (Foundation for Innovation & Entrepreneurship Development) is the incubation center of IIM Kashipur, operating as a Section 8 Company focused on creating an ecosystem of innovation and entrepreneurship in Uttarakhand. The organization offers multiple incubation programs including RABI (RKVY-RAFTAAR Agribusiness Incubation) providing INR 5-25 lakhs funding for agri-startups, SISFS (Startup India Seed Fund Scheme) for early-stage funding, and the Uttarakhand Rural Enterprises Incubation Program. The flagship Uttishtha Annual Entrepreneurship Summit and the Agricultural Entrepreneurship Consortium serve as key platforms for networking and knowledge-sharing. The center also operates an internal MIS portal for startup management. These programs collectively support over 60 agri-focused startups that have raised over INR 300 crores in external funding.

Differentiator

Problem solved

Functional benefit

Brands

• Uttishtha: Annual entrepreneurship summit organized by FIED and E-Cell IIM Kashipur, providing a platform for over 500 agri-tech startups and community-based enterprises to showcase innovations to policymakers, investors, and the general public.

Products and services

• RABI (Rashtriya Krishi Vikas Yojana - Agribusiness Incubation) Program

Quantifiable outcome

• 60+ agri-startups incubated with government grant of INR 9.6 crores
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and supporting.

• Uttarakhand GovernmentcoreStrategic or Co-development PartnerState government partner through Startup Uttarakhand. Uttarakhand Startup Policy 2023 provides fiscal and non-fiscal support. Department of Rural Development collaboration for training 300+ micro-entrepreneurs.
• GBPUAT (Govind Ballabh Pant University of Agriculture and Technology)supportingStrategic or Co-development PartnerPartner agricultural university shown in investors/partners section.
• NSRCEL (IIM Bangalore)supportingStrategic or Co-development PartnerIncubation center partner shown in investors section, sharing best practices in startup incubation.
• CABM (Centre for Agricultural Business Management)supportingStrategic or Co-development PartnerAgricultural business management center partner shown in investors section. Prof. Sneha Dohare from CABM Pantnagar University is on SISFS ISMC.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• NSRCEL (IIM Bangalore): NSRCEL is the incubation and entrepreneurship center of IIM Bangalore — a sister IIM-affiliated incubator with a comparable model of cohort-based startup support, mentorship, and government/CSR grant deployment; already named as a FIED partner for sharing incubation best practices.
• CIIE (IIM Ahmedabad): CIIE is IIM Ahmedabad's technology business incubation program with deep government, VC and corporate partnerships; comparable IIM-affiliated model that runs multiple cohorts, mentorships and seed/grant programs like FIED.
• Startup Oasis (Jaipur): Startup Oasis is a Jaipur-based startup incubation initiative supporting early-stage founders across sectors with government and VC linkages; comparable Tier-2 India incubator model to FIED.
• IIM Calcutta Innovation Park (IIMCIP): IIMCIP is the incubation and innovation arm of IIM Calcutta, operating sector-focused cohorts and government-funded programs analogous to FIED's RABI and SISFS pipelines.
• Social Alpha: Social Alpha is a multi-stage incubator and impact investor supporting rural, agriculture and sustainability startups — highly comparable to FIED in mission and deal flow, though more equity-aligned in structure.
• Venture Center (CSIR-NCL, Pune): Venture Center is an award-winning technology business incubator hosted at a CSIR lab, providing seed grants, mentorship and incubation facilities — direct comparable in structure, though more science/tech focused than FIED's agri/entrepreneurship tilt.
• a-IDEA (ICRISAT, Hyderabad): a-IDEA is India's leading agribusiness incubator operating under ICRISAT with RKVY-RAFTAAR funding and a national mandate — the closest functional peer to FIED, covering similar agri-startup cohorts, seed funding, and VC linkages.

Others

• Atal Innovation Mission (NITI Aayog): AIM is the umbrella Government of India program (Atal Incubation Centres, Tinkering Labs) under which many Indian incubators (including IIM-affiliated ones) operate; relevant as FIED's strategic context and as a comparable funding/policy ecosystem enabler.

Broad incumbents

• Omnivore: Omnivore is India's leading agri-tech venture capital firm and a direct downstream investor in FIED's portfolio companies (contributing to the INR 300+ crores raised); comparable as a fund backing the same AgriTech founder pool, though operating as a venture fund rather than an incubator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/FiedIImkashipur
• YouTubeyoutube.com/channel/UCAChR6rZRsR96LyL-zpU33Q
• Facebookfacebook.com/FIEDIIMKASHIPUR
• LinkedInlinkedin.com/company/fiediimkashipur
• Instagraminstagram.com/iimkashipurfied

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIED IIM Kashipur