Agri Business Incubation Program- ICRISAT. Fostering agro-enterprise

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1 Agri Business Incubation Program- ICRISAT Fostering agro-enterprise

2 ICRISAT is a non-profit, apolitical, International Agricultural Research Institute Established in 1972 with an annual budget of US$ 65 million (2010) with 1300 staffs Member of the Consultative Group on International Agricultural Research (CGIAR) Our mandate crops: Sorghum, Pearl millet, Pigeon pea, Chick pea, & Groundnut Our Vision A prosperous, food- secure and resilient dryland tropics Our Mission To reduce poverty, hunger, malnutrition and environmental degradation in dryland tropics

3 Brief of Co-business Incubation: Co-business incubation is a platform that two or more incubator shares on mutually similar programs based on each others competence for joint execution of incubation activities for achieving enhanced impact and client servicing Enhanced support services to more entrepren eurs Complime nting technology and business in respective domains Access to physical, technical and other facilities Inclusive growth Enhanced benefits to incubatees Promotio n of cross border ventures & biz developm ent Common branding & better marketability

4 Handholding Agri Business Incubation Network ABI- ICRISAT hand-holds and mentors the Agri Business Incubators of NAIP-BPD and play a key role in setting up Agri Business Incubators in India. Facilitate self- sustainability and success of Agri Business Incubator WHAT WE CAN DO Facilitate successful establishment of BPD/ Agri- business incubators Create awareness thru mktg programs & services to clients Business Incubation through streamlined systems Focus on strengthening of regional agri- entrepreneurial ecosystem Benefit farmers through agriinnovations and agri biz development Increase commercialization of technologies from agriinstitutes

5 Network of Indian Agri-Business Incubators (NIABI)

6 UniBrain Value-chain based Agri-Business Incubators in Africa funded by DANIDA

7 SCENE Initiative Overview Setting up of 5 Food Processing Business Incubation Centres (FPBICs) in Africa under India-Africa Forum Summit (IAFS-II): Uganda Cameroon Ghana Mali Angola Project period: 3 years Value USD 1.5 Million

8 Primary Objective To enhance agri business development and impact on agriculture through co business incubation. Specific Objectives Establish a basic framework for agri business development to commercialize innovative agro-technologies and support agripreneurs Promote agri business development and enhancement of incubator service through capacity building and communication Enhance the success rate of the agri business incubators and startup agribusiness ventures

9 Seminars on best practices Enhance commercialization Participation in local and international exhibitions Outcome Process Visits and Annual Meetings Promotion Capacity building Facilitate softlanding Infrastructure Technology Commercialization Identification of international technologies Facilitate funding to startups Mentors network

10 Activity IARI IVRI NIRJAFT CIRCOT CIFT No. of technology commercialised No. of entrepreneurs incubated/enrolled No. of incubatees graduated No. of entrepreneurs supported/ trained Revenue generated (Rs. Lakhs) ICAR Institutions Activity AAU BAU JNKVV CCSHAU TNAU GT No. of technology commercialised SAUs No. of entrepreneurs incubated/enrolled No. of incubatees graduated No. of entrepreneurs supported/ trained Revenue generated (Rs. Lakhs) as on Feb, 2012

11 Building Entrepreneurship & Enterprises through NARS Ushering a Business Culture in NARS (Environment & new Yardsticks) Systematizing Change in NARS New Systems Infrastructure and facilities Business oriented team and Manger Market and Service orientednes Legal entity's March 2010 Sept 2010 March 2011 Sep 2011 Nov 2011 Incubating Innovations of Startup's in NARS

12 New Revenue Stream to NARS to NARS The Revenue generated by BPDs is 4.03 crores as on Sept 2011 BPD Membership, business consultancy, Rent & lease, etc., Enhancing Market oriented Tech commercialization in NARS (crygene/ppr) Seamless scale up & speed of TT in NARS A total of 54 technologies have been commercialized with around 400 entrepreneurs in a short span of 2 years ICAR scaling the scheme across the country covering all states with more than 50 ABIs in the 12 th plan. Other SAUs and ICAR institutions initiating ABI with other resources (ANGRAU, Rajasthan Agricultural College, Anamalai, DOR, DRR) Soft landing and South south collaboration in NARS

13 Need for enhancing Co Business Incubation : Facilitating two-way technology transfer and commercialization between incubatees/countries Strengthening the capacities of agribusiness managers and entrepreneurs Facilitating soft landings for a firms wishing to enter a new country for agribusiness Facilitating linkages for agribusinesses seeking partnerships and export opportunities with overseas agribusinesses Thus a strategic alliance for initiating the Global Agri Business Incubator network (GABI) is important

14 Co-BI Incubation Partner ABIs Elephants can perform multivariate tasks but it is critical that it is properly trained and guided by a experienced mahout Nepals investment on ABIs (Elephants) would get the desired results and outputs with a strategic investment on CoBI (Mahout)

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16 Dhanyawaad Natick Thank you Grazie Dalu Arigato Danke Shukran Merci Jaarama Zikomo

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