RKVY Incubation Committee (RIC)
The RIC will be constituted under the chairmanship of the head of institute comprising of 5 members and a few co- opted members (as per their expertise).
Suggestive composition of RIC would be as follows:
1. Head of the institution (chairman).
2.Representative of a bank / VC (having experience of startup funding).
3.Domain expert (at least one from Industry and at least one from academia)
4.PI of Knowledge Partner (KP) or COO/BM.
5.PI of the R-ABI project or COO/BM (Member Secretary)
The role and responsibilities of RIC are as follows:
1.To Select innovative agri startups after initial screening by the incubator team for due diligence cum one month training program and to recommend for SIC.
2.Minimum corum of 5 members of RIC committee will be required for conducting RIC meeting.
3.The responsibility of efficient operation and management of the program lies with PI of the KP/RABI.