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Capacity building on innovative agribusiness initiatives

Participants of the training program at the Global Incubation Services campus.

Aiming to promote innovative initiatives and empower agribusiness incubators, ICRISAT’s Agri-Business Incubation (ABI) Program conducted a training program for managers and clients of the Business Planning and Development (BPD) units of the Network of Indian Agri-Business Incubators (NIABI).

“The training program has been very helpful in linking our business to potential buyers. The one-on-one sessions with the expert panel have helped me understand various government schemes and explore funding sources for my agribusiness venture. I strongly feel that NIABI will help me expand my business all over India,” said Mr Jagadeeshan, a client of the NIABI Business Planning and Development unit, Tamil Nadu Agricultural University.

The training on “NAIP Mentoring and Capacity Building Program,” was held at the Global Incubation Services (GINSERV) campus on 26 March, as a side event of the 8th annual conference of the Indian STEP and Business Incubator Association (ISBA) 2014 held in Bengaluru, India.

Mr SM Karuppanchetty, Chief Operating Officer of ICRISAT-ABI, briefed the participants about the training event. Sessions were held on enhancing the success of start-ups through incubator client services, funding agribusiness ventures, marketing and operations of business incubators, and interactions with industry personnel to benefit from their rich experiences and to chart the way forward.

The expert panel consisted of: Mr Raghavendra Prasad, CEO, Wifin Technologies; Mr A Balachander, General Manager, Vellore Institute of Technology – Technology Business Incubator (VIT-TBI); Mr Nagaraja Prakasam, Angel Investor; Ms Dakshayani Suryaprakash, Senior Manager, GINSERV; Mr Janardhan Swahar, Director, Swayam Foods; and Mr Varun Pawar from Village Capital.

ICRISAT-ABI recognized

Mr SM Karuppanchetty presenting at ISBA 2014.
Photo: Raju

ICRISAT’s presentation on ‘Innovative initiatives of incubators’ was adjudged the third best at the 8th annual conference of ISBA 2014 held on 24 March. The presentation highlighted the need to think out of the box and to innovate to promote agribusiness incubation in India.

The conference was attended by more than 150 delegates including managers of technology incubator parks and companies that are being incubated in the Science and Technology Entrepreneurs Parks (STEPs), principal investigators, business managers and clients of NIABI, and start-up entrepreneurs from across the country.

ISBA, which is now in its 10th year of operation, promotes business incubation activities in India through exchange of information, sharing of experience, and other networking assistance among Indian Business Incubators, STEPs, and other related organizations engaged in the promotion of start-up enterprises.

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