National Agri-Innovate Hackathon Overview
The National Agri-Innovate Hackathon at Global Fintech Fest (GFF) 2024 presented by NABARD and powered by Hack2skill seeks to revolutionize India's agricultural value chain through innovative digital solutions. Agri Value Chain Financing is an approach to identify financing needs and financing gaps throughout the chain and connects finance providers with all other nodes and ways to improve access to financing. However, linkages are not integrated into the value chain and credit does not flow across the Agri value chain.
The challenge lies in developing a comprehensive digital tool that connects farmers, suppliers, buyers, financial institutions, and other stakeholders to address critical issues such as limited access to finance, poor market information, and inefficient value chain operations. By enabling collaboration and innovation, this hackathon aims to empower farmers, enhance agricultural productivity, and drive sustainable rural development.
Timeline
Registration Open
August 13, 2024
Submission Closes
August 21, 2024
Shortlisted Startups Announcement
August 24, 2024
Problem Statements/Challenges
Enhancing Input Access and Efficiency
How can we develop innovative solutions to improve farmers' access to high-quality seeds, fertilizers, and irrigation resources? Explore technologies and platforms to optimize input distribution, reduce costs, and ensure timely delivery to farmers.
Revolutionizing Agricultural Advisory
How can we leverage technology to create effective and accessible agricultural advisory services? Develop solutions to bridge the information gap between farmers and experts, providing real-time guidance on best practices, crop management, and market trends.
Empowering Farmers Through Price Discovery
How can we build transparent and efficient platforms for price discovery in agricultural markets? Develop solutions to provide farmers with real-time market information, price trends, and tools for negotiating better deals.
Strengthening Agri Value Chain Linkages
How can we create robust platforms to connect farmers, aggregators, processors, and retailers? Develop solutions to facilitate efficient product movement, reduce post-harvest losses, and improve market access for farmers.
Harnessing Data for Agricultural Growth
How can we leverage data analytics and IoT to enhance agricultural productivity? Develop solutions to collect, analyze, and utilize real-time data on soil conditions, weather patterns, crop health, and market trends to optimize farming practices.
Increasing Farmer Income and Sustainability
How can we develop innovative financial and technological solutions to increase farmers' income and promote sustainable agriculture? Explore ways to improve yield, reduce costs, and create new revenue streams for farmers.
Building Trust and Transparency in the Agri Value Chain
How can we create a transparent and traceable agri value chain? Develop solutions to track the journey of agricultural products from farm to fork, building trust between farmers, buyers, and financial institutions.
Rewards and benefits
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Cash Prize worth ₹5,00,000
1st Prize
Team Name: Team ELDEW DIGITAL PVT LTD
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Cash Prize worth ₹3,00,000
2nd Prize
Team Name: Team RASHAIL AGRO
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Cash Prize worth ₹1,00,000
3rd Prize
Team Name: Team JALYAN
Frequently Asked Questions
No. There are no charges for registration/application.
Any individual/team can participate. A team must include at least one developer.
Yes, you can go ahead and register your idea under a theme that has the maximum coherence to your idea.
No. only the winners will be awarded.
We will conduct a webinar on 9-14th August, 2024. Expert session on Gender focused solutions, Session NPCI/BHIM team on technical queries.
Participants are free to use any programming languages, technologies, or frameworks suitable for their application. The goal is to create innovative solutions using the best tools available.
Developer/participant will own the IP (Intellectual Property) Rights of the product/code. To ensure security of your code, please avoid sharing any source code unless specifically asked by NPCI or IIMA Ventures.
The entire idea need not be fully implemented. However, the submission should be functional so that it can be reviewed by the judges. Wireframe, screenshots etc. can be used to present the entire flow wherever needed.
