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Summarizing entry points as of Feb 14 so we can shortlist in the coming days and review with a few FPOs for feedback.
First section describes the idea and we can get into the Impact / Feasability dimensions, which include ability to execute, time to value, durability of the offering, etc. when we score/prioritize.
Entry Point | Value Prop for Farmer / FPO and Others | Flow | DG Role and Partners Needed | Analogs / References |
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1) Help farmer groups apply for govt subsidies / grants. See detail here | - FPO: Simply process of getting grant funding - Accelerate pace of enrollment and disbursing funding which benefits orgs like NABARD and others who are giving out the money | FPOs see a curated list of govt programs incl $ available, allowed use of proceeds, etc. Simple process to capture relevant data Get regular updates on application progress Potentially could offer “factoring” where someone prepays the funds while application is pending and gets repaid once govt money finally arrives
| DG compiles a list of programs and requirements. Work with govt partners to develop this and figure out any technical integrations that can streamline the process DG provides the interface for data capture and a dashboard where memb ?
| Farmrise |
2) Digital marketing “bootcamp” and Omnichannel tool. See detail here | - FPO: Leverage digital portals to reach more customers - Digital portals have signed up FPOs but they are not active at the moment | FPO “marketing officer” goes through a training program which incl videos on various digital marketing tools Capture critical data once and publish across various portals which have pre-built integrations
| | PDD University |
3) NFTs as a fundraising tool, esp for equipment. See detail here | - FPO: Money to purchase equipment that benefits members - NFTs are a unique engagement mechanism for donors | FPO select from a curated list of equipment which has productivity / environmental benefits Donors purchase NFTs and proceeds are sent to FPOs who purchase equipment and share regular updates on usage stats Usage updates and translated to impact metrics which increase demand for NFTs
| | |
4) Peer data sharing / benchmarks. See detail here | - Farmers: Intel on what peers are doing will inform own practices - Aggregated data useful to FPO for planning purposes | Farmer logs info (eg, planting date or crop yield) and receives an index or average that contextualizes their information vs. local peers Complement numbers / dates / text with photos and mages
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5) Input “auction” | - FPO: Drive competition between input suppliers and deliver best price to their members - Input suppliers have a well organized source of leads | FPO captures input requirement via KDE Requirements along w key dates published to a portal that is shared with input suppliers (local and e-commerce) Suppliers have one week to submit their bids and FPO reaches out to lock in a deal
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6) Data Entry and Validation Kisan Coin. See here for detail | - FPO: relevant information is logged by farmers | | | Reddit Moons |