Professional Documents
Culture Documents
Agripreneurship
Promoting Innovation and
Startup led Growth
02 From The Chief Editor Desk 27 Telangana Sona: Low Glycemic Index Super
Fine Rice from PJTSAU
03 From The Desk of Guest Editor
28 TNJFU Marine Products Business Incubation Forum:
Promoting Entrepreneurship in Fisheries and Aquaculture
04 The Rise of Entrepreneurship in India G Sugumar
Rakesh Chandra Agrawal
20 Digital Agriculture: Future of Indian Agriculture 55 Sran Vermicompost Farm: Story of eminence
Dil Mohammad Makhdoom and progress from Punjab
21 SKUAST-K Innovation and Startup Policy 55 Sky is the Limit: Future Belongs to Fisheries Entrepreneurs
Haroon R Naik
56 Niche Crops
22 Building Agripreneurial Ecosystem at Anand
Agricultural University 60 Entrepreneur’s Glossary
M K Jhala and Samit Dutta
T
I believe that this issue of Agri-Rise will be highly useful,
he changing dynamics of the global economy
informative and beneficial for students and other
and the increasing demands of the growing
stakeholders. The editors express their gratitude to all
population require exploring innovative
the authors for developing and providing the articles,
solutions to enhance agricultural productivity, sustain-
especially to Dr Nazir Ahmad Ganai, Vice Chancellor,
ability and profitability. This can be achieved by
Sher-e-Kashmir University of Agriculture and
nurturing an agripreneurial ecosystem through
Technology-Kashmir, Srinagar for compiling this issue
strengthening our agricultural education. Agripre-
as the Guest Editor. We sincerely thank the Hon’ble
neurship is the process of adopting new methods,
Minister of Agriculture and Farmers’ Welfare, Hon’ble
processes, and techniques in agriculture and allied
Ministers of State of Agriculture and Farmers’ Welfare,
sectors for better output and economic earnings. In our
Government of India and Secretary, DARE and Director
country, agriculture and allied sectors offer
General, ICAR for their guidance and support in this
tremendous entrepreneurial opportunities.
activity. We are also thankful to the ICAR-Directorate of
India has the largest youth population in the world and Knowledge Management in Agriculture, New Delhi for
offers both a workforce as well as market. The young all the support in printing this quarterly issue of ICAR-
generation is driving the culture of innovation, Newsletter Agri-Rise.
entrepreneurship and diversity. As this vast resource of
02
From the Desk of Guest Editor
Promotion of entrepreneurship and start-up culture
in academic institutions is a national priority aiming
to build a self-reliant India that seeks to create
additional jobs outside the public sector and translate
research ideas into scalable technologies.
Since the inception of the Institutional Development
Plan NAHEP in SKUAST-K, we have been able to
establish 15 faculty and student start-ups. The
University at present has an idea bank of >250
innovations. Our innovators and student mentors
have been recognized at the national level for their
exemplary performance. Our University startups
range across a diversity of domains from food value
addition, functional foods, farm automation and
machanization, process innovations. This has led to
more than 40 patents being filled and 10 patents
being granted. More than 35 of our innovators have
been able to garner a cumulative seed grant of > 400
lakhs and 33 national awards. The outstanding
achievements have helped the University to secure 1st
Rank in Innovation Category among SAU in NIRF
Innovation ranking 2022 as well as improvement of
th
overall university ranking to 4 best SAU in the
country. The innovation profile of the University is set
to grab greater extramural funding for research and
innovation, having received one major research grant
under PURSE recently. We as an institution are
developing model systems for new age agri-
education as a major push for regional and national
farm economy by creating next-gen leaders that can
drive the change towards a broader national goal of
improving livelihood, profitability and sustainability
of the farm sector.
This issue of Agri-Rise contains expert perspectives,
case studies and success stories to pitch the case for
mainstreaming the entrepreneurship and startup
ecosystem in the country. India has already emerged as
the Startup capital of the world and under the mission
I t is highly satisfying that SKUAST-K is leading the Startup India with a financial outlay of 10,000 crores,
compilation of this special issue of AgriRise on the the country has already 99,380 DPIIT registered
theme “Agripreneurship”. This role is the Startups. However, most of such efforts are coming
testimony of ICAR’s appreciation of our path- from IITs and non-farm sector. There is a need to infuse
breaking efforts towards mainstreaming Startup culture in the farm sector through NARS and
Entrepreneurship and Startup culture in the SAU’s to create solutions for the local and national
University. SKUAST-K’s growth and promotion of I trust and believe that this document is able to cover
entrepreneurship aptitude among faculty and the Startup landscape of SAU’s in India and help
students have been phenomenal. Strong policy shift, identify the bottlenecks and opportunities for
administrative will, and institutional mechanisms creating an Atmanirbhar Bharat through Innovation,
together have created an enabling entrepreneurial Incubation, and Startups.
ecosystem in the University.
03
PROSPECTS
04
quality and technical specifications, as well as creation of products, solutions, and services with commercial
Government e-Marketplace (GeM) Startup Runway for value. Improved education and research ecosystem
startups to sell products and services directly to the coupled with digital and other technologies are playing a
government. very important role in creating a vibrant business
environment. The emergence of new avenues of funding
has also changed the landscape, with non-banking
financial companies (NBFCs), angel funders, private
Entrepreneurship and National Development equity and venture capitalists providing working
India is contemplating to be the 3rd largest economy by capital. The government’s resolve to promote
2047 and emerge as VishwaGuru leading the global entrepreneurship has been also reflected in NEP-2020
innovation and discovery market. Science and that focuses on bridging the skill divide and help country
technology is expected to drive national economy in create a vibrant skilled manpower under the SKILL
future. This will create wealth, employment, livelihood INDIA flagship programme. In this context, ICAR has
and generate capital for social development. More than also embraced the change and is reorienting the
that, it will also drive several transformations for academic landscape in SAU’s to fuel such changes and
national development such as; ensure that agriculture emerges as a key sector for
(i) Innovation: entrepreneurship relies heavily on entrepreneurship and startups. The education system in
innovation. New-age entrepreneurs heavily SAU’s needs reorientation towards creating social
embrace technology and business model capital by driving innovation and translational research,
innovations and not only bring technological upscaling the innovation products and services into
innovation, but also pioneer new business business prepositions and fostering linkages with
structures. Innovation facilitates the market, industry and service sectors to drive potential markets
opens up new prospects, and increases as well as achieve the scale of economy.
consumption. As a result, entrepreneurship is
T
he bottom line
crucial for fostering innovation.
(ii) Re s e a rc h a n d D eve l o p m e n t : I n n ova t i o n
progresses through research and development.
When an entrepreneur develops innovative ideas As India enters its 77th year of independence, it is time to
and turns them into a business, they must acknowledge the contribution the country has made to
constantly innovate to stay competitive. the global entrepreneurial ecosystem. Entrepreneurship
in India has been promoted not just to create successful
(iii) Employment: Employment is critical for the growth
businesses, but creating innovative solutions that bring
of any economy. A low employment rate is an
benefits to both business and society. It requires foresight,
indication of poor economy and an economy must
dedication and most importantly, the willingness to take
create more jobs and salary opportunities. In this
risks. Entrepreneurship in India has been the driving
context, the scale of an entrepreneurial entity is
force behind the country's rise to become a global
important as that defines its capacity to create jobs
economic powerhouse, with its potential to create jobs
and wage opportunities.
a n d s t i m u l a te e c o n o m i c g ro w t h . T h e I n d i a n
(iv) Social Development: Social entrepreneurship is a entrepreneurial system should embrace Resilience,
modern notion that encourages entrepreneurs to Innovation, Customer Focus, Risk-taking, and
effect social change. Crowdfunding companies are Adaptability. The start-up ecosystem is booming in India
typically involved in social activity, such as due to, (a) Emerging markets , (b) Increased political will
generating funds for non-profit organizations and and Government support, (c) Technological innovations,
impacting the society. A prosperous society makes (d) Changing mindset towards entrepreneurship,
the path to community development easier. As a however, the major challenges in growth of startup
result, the necessity for entrepreneurship in India culture in India including the availability of skilled
is critical since it combines social reform with manpower, funding, policy frameworks, marketing value
economic development. chains and competitive ability of Indian startups
Education as a major driver of advantage with big companies have to be taken care of by
entrepreneurial growth offsetting the implications of system bottlenecks. The
matra of Ease of Doing Business holds great value in
Education plays a very important role in driving the promoting the Deputy Director General
Entrepreneurship (Agri. Education)
ecosystem in India
g ro w t h o f e n t re p re n e u r s h i p . T h e g ro w t h o f towards larger goal Indian Councilnational
of fostering of Agricultural Research
development.
entrepreneurship is undoubtedly propelled by Email : ddg.edu@icar.gov.in
innovation and translational research that generates
05
PROSPECTS
Nazir A Ganai
06
students and researchers to think creatively and diverse backgrounds. These universities act as bridges,
develop innovative solutions to agricultural challenges. ensuring that innovative ideas reach the right people
At SKUAST-K we have taken several initiatives under and receive the necessary support to flourish.
I D P- NA H E P fo r n u r t u r i n g a g r i p re n e u r s . T h e
Moreover, agriculture universities contribute to policy
establishment of the SKUAST-Kashmir Innovation,
formulation and advocacy efforts that create an enabling
Incubation ad Entrepreneurship (SKIIE) Centre, under
environment for startups in the agriculture sector. By
which trainings, mentoring, incubation facilities and
conducting research on regulatory barriers, market
grants for innovative ideas and research-based startups
dynamics, and technology adoption, these institutions
are provided.
generate evidence-based insights that inform policy
Collaboration is a cornerstone of thriving innovation decisions.
ecosystems, and agriculture universities act as crucial
As India strives to achieve sustainable and inclusive
intermediaries in fostering collaboration between
growth, the role of agriculture universities in fostering
startups, farmers, industry players, and government
startups stands as a beacon of hope, driving positive
agencies. They can facilitate networking events,
change and unlocking the immense potential of
technology transfer platforms, and innovation
agriculture in the country's development journey.
challenges that bring together stakeholders from
Hon’ble Lt Governor of J&K UT, Shri Manoj Sinha felicitating two SKUAST-K innovators, who won The first and
second prizes during the Youth Entrepreneurship Festival at Ganderbal Kashmir
Vice-Chancellor
SKUAST-Kashmir
Email : vc@skuastkashmir.ac.in
07
AGRI BUSINESS
V Geethalakshmi
08
TNAU Business Incuba on Centres
TBI-ABIS, TNAU, Coimbatore-
Rs.2.5 Cr Supported by DST
signing of a Memorandum of Understanding on the market and realising growth is a long process with
application of artificial intelligence and IoT in agriculture many challenges of various dimensions from different
and allied sectors. quarters. Most of the students are put off by this
physically and mentally arduous process and the fear of
TNAU formed the Directorate of Agribusiness Develop-
failure. They seek simpler and smarter ways for growth.
ment in 2007 and eight incubation forums have been
established with specialization in agriculture, horticul- c) Lack of business skills: Students are especially worried
ture, forestry, food processing and biotechnology. These about the business dimension of innovation, primarily
incubation forums not only handhold Startups, but also because they lack skills and experience in managing
commercialize the technologies developed by students various aspects of business, especially marketing and
and faculty members. There are 1303 incubatees across all finance.
the Agribusiness Incubation Forums in TNAU. Over the years
Way Forward
Rs 68 Crores in the form of grants, subsidies and loans have
been distributed to incubatees. About 37 TNAU technologies Starting a business or becoming an entrepreneur will
have been commercialized and 16 innovations of incubates become a favoured choice for students when the traditional
have been patented. employment options are shrinking and on the other side, the
support to students to become entrepre-neurs is
In addition, the establishment of an Agri hub with funding
strengthened and made available widely. The students
from Entrepreneurship Development and Innovation
should be exposed to career options, including scientists,
Institute, Chennai, conducting Agri Business
startups and entrepreneurs at the school level. This should
Management Meet “PRABANDHAZ” every year, Agri-
gain momentum at HEIs. The link between students’
Ideathon Challenge, Boot camps, business simulation
research, innovation and startups should be strengthened
games, and workshops contribute to a greater extent to
and widely publicised for adoption.
guiding students to become entrepreneurs.
One should be physically and mentally agile and possess the
Barriers to student entrepreneurship
perseverance to pursue the journey to become an
Though there are numerous impediments for students to entrepreneur. Education, skill development, motivation,
become entrepreneurs, the most critical are discussed mentoring, funding and continuous handholding of students
below: will enable them to become entrepreneurs. Procedures and
policies have to be developed at the University for identifying
a) Prejudiced perspective: Students are generally
students aspiring to become entrepreneurs and should be
counselled by parents to become employees with
nurtured as they pass through various stages of
high salaries or professionals like Doctors. Only
entrepreneurial development. Networking with
when students reach college they come to know
government and private funding agencies and creating an
about research, innovations and startups. By this
entrepreneurial ecosystem within the University is a
time, students become risk-averse and look at
prerequisite for sustainable entrepreneurship development.
entrepreneurship with prejudice. Lack of exposure
to entrepreneurship programs and peer support for
students, who want to become entrepreneurs also
discourages students from venturing into it.
Vice-Chancellor,
b) Unrealistic assumptions: Students expect higher TNAU, Coimbatore
growth in a shorter time span. The path to convert an Email : vctnau@tnau.ac.in
idea into an innovative product/service, accepted by the
09
AGRIBUSINESS
K B Kathiria
10
• Assistance up to ₹ 3 lakh to enroll and participate for
national/international recognized acceleration
program
• For mid-level Pre-Series A funding of startups, a
separate fund under Gujarat Venture Finance
Limited (GVFL) for smaller ticket funding between ₹
50 lakh to ₹ 3 crore
• Additional 1% Interest Subsidy, maximum up to 9%
on term loans to applicant under the provisions of
scheme for assistance to MSMEs
11
PROFILE
Parvaze A Sofi
N
ational Agricultural
university. With a vision of becoming the first innovation
Higher Education
led University, we have engaged faculty, students as well
Project (NAHEP) was
as outside innovators in idea pitching through a series of
launched by ICAR with the aim
events aimed at incubating the ideas and converting
to provide NARS (ICAR
them into scalable technologies. The policy envisages
institutes/SAUs) with the
mechanisms for promoting innovation, benefit sharing
opportunity to create
and IPR management. Under the umbrella policy
executable models of a
initiative, SKUAST-K has established the SKUAST-K
reformed education system
Innovation, Incubation and Entrepreneurship (SKIIE)
that will take the country to its
Centre which houses a discovery centre and a patent
next developmental goals through innovative and out of
facilitation cell to provide physical infrastructure and
box initiatives. SKUAST-K has the distinction of being an
logistic support for IP creation and management.
outstanding performer under IDP-NAHEP having led the
Recognising the policy support and tangible impact of
national resolve to create a reformed education model
SKUAST-K initiatives, the National Science & Technology
inline with NEP-2020.
Entrepreneurship Development Board has granted the
university a Technology Business Incubator with a
Innovation Key performance financial outlay of ₹ 5 crore. In yet another recognition
indicators for SKUAST-K’s inspiring credentials, the Union Ministry
of Micro, Small and Medium Enterprises has approved
SKUAST-K is the first innovation-led farm university, and 550 capacity development programs for promoting
the impact of it's innovative vision, institutional will and entrepreneurship and skill development in the UTs of
structured implementation has been obvious within just J&K, and Ladakh. As an institution, the university is
three years. From being ranked 27th in 2018, we are sitting poised for greater feats in the coming years as it
proudly at the top, the 4th Best SAU in the country. The only continues to foster a changed mindset backed by
SAU figuring in the NIRF Innovation ranking and Band institutional support for mainstreaming innovation at
Excellent in the Atal Innovation ranking. The university has the grassroots level among students and young faculty.
a comfortable position vis-à-vis the accomplishments made We have set ourselves an ambitious target of leading
especially in promoting innovation and discovery-led J&K’s innovation landscape in the farm sector and
education and research, and creating solutions to existing re o r i e n t i n g o u r e d u c a t i o n s y s t e m t o c re a t e
and emerging farm sector challenges. Based on our strong opportunities for leadership, innovation, employment,
performance indicators, the university received the highest livelihood and overall social well-being.
number of seed grants from various funding agencies. We
have created a proactive mentoring system that has led to Education Model- Propelling
well over 250 innovative ideas, 15 of which have emerged Innovation
as startups. Just in three years, SKUAST-K has earned 10
patents both from faculty and students. We are the only SAU
to have secured 9 BIRAC BIG grants as a testimony to our
enabling ecosystem. S KUAST-K IDP under the World Bank-funded NAHEP
was envisioned to create a holistic reform
framework that makes agri-education futuristic.
12
Much before the draft of NEP-2020 was unveiled for SKUAST-K is the first SAU to have envisioned an initiative
public opinion, we had projected our vision for futuristic to project India as a preferred destination for higher
higher education that is innovative, transformative, education and thereby reverse the direction of
inclusive and sustainable. Our model was drawn on internationalisation. The initiative was heralded as a
innovative shifts in policy and action that could help us strong beginning of our national resolve and as a sequel to
emerge as a socially responsible institution with a that, the Ministry of External Affairs has created a
mission of creating leaders dedicated portal for attracting foreign students. This is a
of tomorrow. Much of our stark recognition of our leadership in the national
institutional progress in the agricultural education platform where we have
last two years has been a demonstrated our excellence in promoting a globally
result of our innovative and competitive education system that can create leaders for
futuristic approaches to the global good.
teaching, research and
SKUAST-K also led the nation in developing a working
outreach, a strong reflection
model of education in light of broader themes of NEP-2020
of our multidisciplinary,
to create a dynamic system that is responsive to the
choice-based and skill-
aspirations of the nation and our stakeholders. We are
directed curriculum. When NEP-2020 was unveiled we
committed to fast track our initiatives for implementation
found ourselves in a comfortable stage of operation with
and establishing our position as an institution to reckon
many reforms already having taken off in our university
with. As a policy planning stakeholder to the J&K
with tangible impacts in terms of improved performance
government, we have reinforced our leadership position by
in key indicators.
developing a roadmap for holistic agricultural
The SKUAST-K education model is a spinning wheel of development of J&K that is expected to transform existing
innovation that connects education and research with sustainable agriculture into a commercial bio-economy
innovation and entrepreneurship with multi-stakeholder within the compass of sustainability, human and animal
engagements. In order to institutionalize the reformed health and overall social wellbeing.
education system, we have developed a framework for a
As we poise to attain greater accomplishments under
flexible curriculum that enshrines multi-disciplinarity as
NAHEP, we are extremely grateful to ICAR for having
well as choice-based course design (Degree by Design) in
reposed faith in our capabilities to design and articulate
all undergraduate programmes. We have also declared all
a system of education that is innovative and breeds
our masters and doctoral programmes as Sandwich in
innovation. We are committed to social responsibility
partnership with leading national and international
and a broader goal of making India a knowledge
institutions. In fact, this university has led the nation in
superpower (Vishwa Guru) to lead the world in a new
creating an institutional system for the partnership of
geopolitical landscape.
shared national resources by formulating a multiparty
engagement framework. We are the first SAU to institute a
Dual-degree programme with Western Sydney University
Australia towards our broader goal of internationalising Professor Plant Breeding & Genetics,
agricultural education. SKUAST-K
13
AGRI-STARTUPS
S S Vinayagam, S Karingu, P Chandana
BS Yashavanth, G Venkateshwarlu and C S Rao
14
GOVERNMENT POLICIES AND INITIATIVES TO PROMOTE AGRI-STARTUPS IN INDIA
Policy / Programme
Department of Agriculture & Farmer's Welfare has implemented ' Innovation and
Agri-Entrepreneurship Development' program under RKVY to encoursage new ideas
by providing finance of ` 5 lakh at the idea/pre-seed stage and ` 25 lakh at the
seed stage and incubation services through RKVY Agribusiness Incubators (R-ABIs).
This initiative has made India as a global focus point for designing and
manufacturing that aids in captivating investments, stimulating innovation,
developing skills, protecting intellectual property in fields like biotechnology, food
processing, renewable energy, etc.
The scheme is aimed to educate and train rural women in various sectors including
agriculture, horticulture, food processing, etc.
15
16
17
POLICY
Sajad H Baba
18
{ GAP and Organic Certification with Department of risk cover in export transit.
Agriculture being the nodal agency. | Access to institutional credit
| Business Infrastructure: { Export-dedicated low-cost loan schemes with credit
{ Establishment of Export Incubation Centers at two guarantee trust fund (CGTF)
Universities (SKUAST J and K) for handholding and incubation { A system of Export Card to be put in place.
of new startups and enterprises on agri-export { Mobilize central government schemes and HADP
{ Establishment of Packaging and Branding Centers at initiatives.
two universities in collaboration with the IIP { Incentivize export-based activities to strengthen global
{ Establishment of two dedicated Agri-StartUp parks by supply chain.
Department of Industries and Commerce on pattern of { Access to government schemes including Startup India,
Industrial Estates Park MUDRA and others.
{ Incentivize establishment of Gramin Agricultural | Trade support
Markets (GrAMs) as produce aggregation platforms at { Promote ‘Brand JK’ for uniqueness of produce.
field level. { Develop logo, packaging design and branding elements.
| Export Infrastructure: { Conduct of export promotion events like trade fairs,
{ Establish export air cargo/dry ports and Inland buyer-seller meets, summits, etc
Container Depots (ICDs) { Access to state land for establishing export units
{ Development of integrated cold-chain infrastructure { Introduction of export promotion hubs, Special Economic
{ Establish UT-level Agriculture Exports Capability Centers Zones(SEZs)/AgricultureExportZones(AEZs).
(AECCs), Multi-modal logistic hubs (MMLHs) and Export { Develop dedicated web portal for export information
Intelligence Cells (EICs) and Export Food Parks dissemination.
{ Permanent Trade Exhibition Centers to be established { Export business offices to operate from district
at Srinagar and Jammu cities headquarters.
| R&D Infrastructure: | Growth and orientation
{ Establishment of Centers of Excellence (CsoE) in { Provide necessary support to import germplasm & raw
SKUAST-K & SKUAST-J to conduct research centered on materials of exportables.
agriculture planning & trade policy. { Collaborate with universities, APEDA, NOCB, MANAGE,
{ Collaboration with Technology Incubation Centers (TBCs) etc for capacity building.
and Agri-Business Incubation Centers (ABICs). { Quality standard compliance, logistic management, SPS
measures, food safety and appropriate use of market
Operational interventions intelligence, and others.
| Business environment | Export diversification
{ Promote Farmer Producer Organizations (FPOs) for { R&D initiatives in collaboration with national and
cluster-based production as per GAP and value chain international partners.
development. { Identify new trade partners, assessment of demand in
{ Promote use of digital/sensor technology. different destinations.
{ Promotion of Startups by encouraging innovations and { A n a ly z e i m p o r t - d e m a n d i n g l o b a l m a r ke t s ,
incentivization of agripreneurship. identification of target-markets.
{ Crowding of private investments in the global value { Define product positioning as well as adoption of
chain and policy environment for ‘ease of doing pricing strategy.
businesses and adopt system of track and trace of the
produce. Import substitution interventions
{ Reorient public extension system to support export-led | All the norms laid down for imports at the national level
production system and enable private extension to be observed.
services. | Establish robust domestic supply chains to meet local
{ Support to get benefit from Intellectual Property Rights demand in near- and far-range markets.
(IPRs), right to plant varieties and so on. This policy document provides for leveraging upon
| Transport connectivity supportive framework available in the country and suggests
{ Development of sea protocols with shipping lines and options for the convergence of proposed inter-ventions with
reefer services. them. It identifies 11 food commodities, 4 non-food
{ Enhance public sector investment in the development commodities and 02 medicinal and aromatic commodities
of transport logistics and incentivize private for export promotion and details priorities and commodity
collaboration in upgrading transport infrastructure specific interventions for export promotion. Finally, it
and connectivity. envisages the reviewing and monitoring framework for the
{ Convergence of programs of NHAI, State PWD and effective implementation of the policy.
District Development Agencies amongst others
{ Promotion of refrigerated transport to reduce carbon Professor Agri-Economics,
footprints/time/cost, etc. and subsidies on transport & SKUAST-K
19
PROSPECTS
20
POLICY
Haroon R Naik
•
Achieve an attitudinal change among students and
faculty
Build a startup and entrepreneurship culture in the
innovative model of education- “A Spinning Wheel of
Knowledge connecting education and research with university
innovation and entrepreneurship”, and for developing a • Make industry as important stakeholder
flexible and inter-disciplinary learning ecosystem with its • Set up revenue earning assets and creating
slogan of “DCIDE to LEED”. Promoting skill education, endowments
innovation, incubation, entrepreneurship, industry • Take J&K on board with 4th Generation Industrial and
involvement and startup culture has been an important Agricultural revolution
objective of the project. Our endeavour under the project has • Boost exports for exchange earning
been to change the mindset of students from job seekers to • Create employment opportunities
job creators by working on enhancing their leadership and SKUAST-K SISP-2021 document draws its guiding principles
soft skills; infusing creative and critical thinking for from and is in complete consonance with the National
innovation-led enterprises; skilling them with technologies Innovation and Startup Policy-2019 rolled out by the
that drive the Agri-4.0 revolution; linking them with the Ministry of Education, Government of India. The policy
industry and the leading international organizations. During highlights various important and practical aspects of
the past few years, we have built a very strong ideation bank, promoting and supporting innovation, technology
out of which at least 13 have reached TRL-6, and are now commercialisation and startup in academic setup.
registered as student/faculty startups, which is very
encouraging. As part of the enabling ecosystem, we have
established an AI&ML centre (Artificial Intelligence &
Machine Learning centre) to skill students in new-age
technologies & SKIIE centre (SKUAST-K Innovation,
incubation and entrepreneurship centre) for handholding
the young startups towards successful enterprises.
Director Planning & Monitoring,
Our novel initiatives under NAHEP have found its strong SKUAST-K
21
AGRIBUSINESS
M K Jhala¹
Samit Dutta²
22
• Seed funding support from various government and get to work towards converting their idea into a
private agencies business under the guidance of expert mentors using
• 50+ mentors and experts/scientists from the support facilities created for them at AIC Anand.
Agriculture & Allied Sector domains
2. Prasoon – Startup Agribusiness Incubation program
• Shared facilities including Conference room,
for the innovative agri-startup with a minimum viable
Library, Seminar Hall and Auditorium.
product, is designed to provide the startup with
The effective production of safe and nutritious food is a business mentorship, technical assistance, and access to
major concern of all stakeholders in food industries. The
unique strength of the company is the availability of 100+ Agripreneurs Trained
modern food processing pilot plants which can help the
food tech startup to develop and launch their products.
The pilot plant facility can also be utilized for testing new
technologies and test manufacturing of new food
products. The facility includes Tomato Product
Processing Line, Fruit & Vegetable Canning Line including
Retort facility, Food Extrusion Line, Individual Quick
Freezing (IQF) Line, Automatic Juice Bottle Filling and
Capping Line, Food Dehydration Line, Continuous Frying
Line with Food Packaging Station.
The Incubation Centre has also obtained FSSAI license
for manufacturing, retailing, and relabeling of different
food products. domain experts, marketing and networking support to
AIC Anand operates multiple startup and entrepreneurship grow their businesses.
support schemes, which includes national startup program
‘RKVY RAFTAAR Agribusiness Incubator’ of the Ministry of Success Stories of AIC Anand
Agriculture & Farmers Welfare, Govt. of India, and the
AAU is working towards building a world class ‘Agritech
Scheme for Assistance to Startups/Innovation and Student
Launchpad’ for startups. AIC Anand is planning for
Startup and Innovation Policy of Govt. of Gujarat.
collaboration with PUM Netherlands, an organization
AAU has also has been identified as the State Level supporting entrepreneurs in 37 countries with their
Technical Institute (SLTI) for PMFME scheme of pool of 1700 senior experts to build an impactful
Ministry of Food Processing Industry (MoFPI), Govt. of entrepreneurial ecosystem.
India. AAU is conducting and facilitating various
AIC Anand is also shortlisted by Atal Innovation Mission,
capacity building programs under the scheme for
Niti Aayog, Govt. of India to set up an Atal Incubation
master trainers, district resource persons and food-
Centre in the campus.
entrepreneurs in the state of Gujarat.
AAU Incubated 24 Agri-startups have raised successful grant-
in-aid seed funding of more than Rs. 1.95 Crores till date.
Director Research¹
Dean, College of FPT&BE²
23
AGRIBUSINESS
NEATEHUB
Promoting Entrepreneurship in North East
Objectives
• To provide an enabling ecosystem for agri startups
Jorhat, Assam, to build successful startups in agriculture and and entrepreneurs in the North East Region of India.
allied sectors. NEATEHUB is also a 'Knowledge Partner under • To help create a cadre/ pipeline of agri startups with
the RKVY-RAFTAAR scheme' by the Department of Agri elements of sustainability in the business by
Cooperation & Farmers Welfare, Govt. of India and commercializing technologies developed
handholding three incubators in the North East Region - one particularly by the Assam Agricultural University,
each in Arunachal Pradesh, Mizoram and Tripura. So far, and access other available technologies developed by
NEATEHUB has completed 9 Cohorts and has facilitated over various institutions, in general.
178 incubatees and the incubator has funded 42 startups to • To offer incubation services such as physical co-working
the tune of ₹ 4.58 Cr, thus far. spaces, industry linkages, networking opportunities
NEATEHUB offers physical co-working space for startup and through events, training and business coaching,
entrepreneurs in its Jorhat campus where over 12,000 sq. ft. of mentoring support, technology transfer and IP portfolio
area has a professional plug-and-play infrastructure. It also management, legal and quality assurance services, seed
brings in industry linkages and networking, training and capital funding and access to investments.
business coaching, technology transfer and IP portfolio • To enable translation of ideas into prototypes and
management, legal and quality assurance services, seed minimum viable products and bring to a marketable
funding and access to investment. It is a one-point contact for stage and, finally, scaling up of the business.
angel investors, mentors, corporate and VC funds interested in
investing in agri businesses in the North-East Region of India. • To stimulate the interest in the agri students of the
University by bringing in an enabling ambience for
NEATEHUB 'Incubation Program' aims to identify young student-faculty led innovations that solve
entrepreneurs at various stages of their development human—centric problems in the community, and help
(ideation, prototype development & early stage to growth them build it as a business venture.
stage) and provide the much-needed mentoring support and
industry exposure to facilitate them to develop a viable Coherent/Incoherent innovation activities
business proposition. The Cohorts completed so far in the pre-
Student-ready programme: NEATEHUB has devised a
seed and seed stage are from various realms of Agri and allied
unique program titled “Student Ready” to encourage AAU
sectors such as Digital Agriculture, Food Processing, Supply
students from the agriculture and allied sector domains to
Chain Management, Biotechnology, Farm Mechanization, Agri
tinker with their ideas - right when they enter college
waste management, Protected Cultivation, Quality Input,
24
level–and work on their ideas with support from external Incubation Centre and NEATEHUB has taken certain
experts, for lending wings to such ideas. Under this program, initiatives in this regard. The incubator has organized
the students during their second year of graduation are sensitization sessions for both students and teachers.
introduced to the “Student Ready” program where students They have also organized poster making competitions for
use smart technologies, testing, and validation services to students which emphasizes on solving community based
identify the problem areas from local surrounding problems. The incubator has given special attention in
communities and develop solutions. The students are hand- imparting STEM learnings to the students in order to
held through their ideas with able mentoring and technical develop a problem solving attitude.
Ease of doing business Collaborations
NEATEUB since its inception has taken initiatives to sign
MOU’s with different organizations so far which include
academic as well as partners from industry. So far,
NEATEHUB has partnerships with 26 institutions, a few
of which are listed below:
25
TECHNOLOGY
26
RESEARCH Telangana Sona
Low Glycemic Index Super Fine Rice from PJTSAU
P rofessor Jayashankar Telangana State Agricultural the image of PJTSAU by highlighting low
University (PJTSAU) has developed a new rice variety glycemic index component besides getting
namely Telangana Sona (RNR 15048), released technical support in quality rice production.
through State Variety Release Committee. So far four firms viz., M/S. Befach 4x Private
Limited, Hyderabad; M/S. Deccanmudra,
The variety has been notified vide Indian Gazette Notification Hyderabad; M/S Mulkanoor Co-operative
No.S.O. 2238 (E) dated 29.06.2016 and has been recommended for Credit & Marketing Society Ltd,
cultivation in the state of Telangana. Bheemadevaarapalli (M), Warangal Urban
Telangana Sona is a short duration, blast resistant rice variety not District, and M/S SPV Specialty Foods LLP,
suitable for both kharif and rabi seasons. It has high (>67%) Head Secunderabad have signed the agreement
Rice Recovery even in rabi harvests, which is a major advantage to the and taking benefits out of it.
farmers and millers. It became popular on account of its unique grain
size and shape (short slender) besides cooking quality as
evident from intermediate estimates of alkali spreading
value, gel consistency and amylose.
Telangana Sona has been classified under low glycemic
index category with values of 51.5 (Umamaheshwari et
al., 2015, Release proposals of RNR 15048 variety) and
51.72
Keeping in view of several advantages of this variety with respect to
farmer (high yield, short duration, blast resistance), trader (high head
rice recovery, very fine grain) and consumer (low glycemic index, good
cooking quality, slenderness), the University has decided to
27
AGRIBUSINESS
G Sugumar
28
Herblis Health Care, Madurai is also selected for the IVP powder incorporated soap were given to the incubate cum
award of voucher A plan of `2,00, 000 for his innovative start-up M/s. Herblis Health Care, Madurai who is working
seaweed soap and face cream. with EDII-MPBIF signing an MoU for the production/
formulation of seaweed-incorporated different cosmetics
The thrust area of the MPBIF are
products and at present they successfully launched their
I) Development of different value-added fish and seaweed-incorporated cosmetics products on 10.03.2023
fishery products and seaweed-based feed, fertilizer, and it was launched by the Vice Chancellor, TNJFU, Nagapa-
cosmetics and edible products and examination of ttinam, at Madurai. Technology for various value-added fish
their physico-chemical, sensory, functional, and fishery/seaweed-based products (detailed below in the
structural, and bioactive proper-ties and their success story of the agri-startup section) was given to one of
storage stability and our incubatees cum start-up M/s. FLTF Food Products LLP,
Thoothukudi. This particular startup has also signed an
MoU with us for the formulation of various value-added
marine products and started its own restaurant serving
exclusively for marine products in the brand name of
“Rybax” and it was opened on 26.03.2023 by the Vice
Chancellor, TNJFU, Thoothukudi.
Technology for the production of fish/shrimp/crab based
battered and breaded products viz. cuttlets, nuggets, fingers,
balls, etc is given to an incubate cum startup of EDII-MPBIF,
M/s. JSF Foods, Thoothukudi. The incubatee is
also given the technology for the production
of fish/seaweed incorporated extruded
product i.e. Kurkure and the product was
launched during the Brandlab/Launch Pad
event organized by startup TN in the presence
of District Collector, Tirunellvelli. The same
technology for fish/shrimp/crab based
ii) Provision of incubation services battered and breaded products was given to
such as machinery support for the another incubatee cum startup of the EDII-
production and packaging of value- MPBIF, M/s. Priya Foods, Thoothukudi.
added fish and fishery/seaweed-
Technology for fish/shrimp/masmin based
based products, offering co-
pickle/thokku was given to the following
working space on a rental basis and
startups, namely, M/s. Zafira Foods, Ramnard;
analytical support, licensing and
M/s. JIS Pickle Unit, Thoothukudi; M/s.
labeling guidance; technological
Ichthys Marine Foods, Thoothukudi; M/S J
mentoring; providing awareness/
skill development training
programs; act as a knowledge
partner of the startup to fetch them
funding support, in a view to developing
entrepreneurship in the field of marine processing.
The primary Objectives :
I) Transferring indigenous and innovative technologies
for commercialization in the areas of marine products
towards the establishment of new start-ups
ii) Providing incubation and mentoring support to
existing entrepreneurs and Star Seafoods, Thoothukudi; M/s. Thomas Seafoods,
Kanyakumari. Technology for frozen fish/shrimp was given
iii) Building small business opportunities forthe fishing to the startup, M/s. Pearl Frozen Foods, Thoothukudi.
community through Science and Technology
intervention.
Technologies Commercialized
Vice-Chancellor,
Two technologies namely Seaweed (Hypneapanosa) extract
TNJFU, Tamil Nadu
incorporated face cream and Seaweed (Hypneapanosa)
29
INSTITUTES
30
The list of 40 universities ranked under
“Agriculture and Allied Sectors”
along with the score are listed below.
31
6 best SA I
61-70 in world
32
INCUBATION CENTRES
33
Common Incubation Centre (CIC)
Vasantrao Naik Marathwada Krushi Vidyapeeth, Parbhani
Supported By: Pradhan Mantri Formalisation of Micro Food Processing
Enterprises Scheme under MoFPI New Delhi
FACILITIES Coworking space, meeting and conference rooms, mentoring cell and
food testing laboratories
Contact Information
34
Centre for Agribusiness Incubation and
Entrepreneurship (CAIE)
Rajmata Vijayaraje Scindia Krishi Vishwavidyalaya, Gwalior
Supported By: National Bank For Agriculture And Rural Development
TECHNOLOGIES Petroleum products from plastic waste, Antiseptic ointment from herbal waste,
COMMERCIALIZED Herbal Drinks, Biogas from aquatic weeds
Dairy and Meat Technology, Diagnostics, Technical and handholding support for micro food
and Feed Technology processing enterprises, FPOs/SHGs and Cooperatives
TECHNOLOGIES
COMMERCIALIZED
FACILITIES Coworking space, mentoring and laboratory support for product development
35
FACILITIES
36
TECHNOLOGIES COMMERCIALIZED
FACILITIES
37
38
39
40
41
42
STARTUPS
43
44
45
46
47
48
) +91 6005432788 bbggorg@gmail.com
) +91
49
Dr Rafiya Mushtaq
50
SUCCESS STORIES
51
SUCCESS STORY
52
SUCCESS STORY
Purple Revolution
Meet Kashmir’s Lavender Lady
aromatic plants (Lavender and Rosa re c i p i e n t o f J K B a n k Wo m e n
damascena) and value addition of Entrepreneur Award, Best Grower
the produce. She is currently Award, Champion Farmer Award,
working on contract farming where ICAR-IARI Innovative Award etc. She
interested farmers independently is really an inspiration for other
grow aromatic plants and flowers women farmers of the region. She is
under her guidance and extract Lavender Lady of the valley. When
essential oils at distillation facility contacted, she quoted Pele “Success
established by her. She has launched is no accident. It is hard work,
a n e w b ra n d “A ro m a P u re & perseverance, learning, studying,
Rubeena Tabassum Naturals” and is working with the sacrifice and most of all, love of what
university’s is extension wing for you are doing or learning to do.”
better marketing facilities. She is a
Rubeena Tabassum started with a
small agri-business “Cultivation of
Cut Flowers under controlled
conditions” in a remote village of
District Budgam, J&K. Realising her
entrepreneurial talent, enthusiasm,
courage and creativity, Krishi Vigyan
Kendra Budgam provided her all
technical guidance and support in
expanding the business. The Kendra
motivated her for cultivation of
Innovative Minds
Taking Walnut Processors to Growers’ Doorsteps
month.
To widen customer base, grow business and
earn more, he sought technical guidance
from SKUAST-K scientists for design and
fabrication of food processing machines. His
business expansion and better earning higher education in Mechanical Engineering
prompted him to enter into an MoU with who are now his arms and wings in the
SKUAST-K in 2016. He designed walnut industrial unit at Kunmoh. Farooq Ahmad
processing machines for growers, food expressed deep satisfaction over his
Farooq Ahmad processors or any other stakeholder. business having annual turnover of more
Buoyed by the significant increase in than ₹ 12 lakh and providing jobs to a
Farooq Ahmad, a resident of
customers and profit, Mr Farooq Ahmad good number of skilled, semi-skilled and
Shalimar, Srinagar, started
established a full-fledged unit of Mechanical unskilled people. He said, “to succeed, one
his business with a small
and Engineering works with the name M/S must take into consideration the fact, that
workshop at his house (M/S
Multi Tech Engineering at Khunmoh business talent alone isn’t enough. There
Jhelum Traders),
Industrial Estate, Srinagar for large scale are things that one can do on his/her own
manufacturing small
agri c u l t u ra l to o ls and manufacturing of food processing and things that need professional help to
implements, and earning a machines. Realizing the success and earn more profit. And profit is what a
meagre amount of ₹ 10,000 a quantum of work, he sent his two sons for successful business is all about!”
53
SUCCESS STORY
Women empowerment
Dairy Farmer Changes Fortunes for Her Family
farm. Presently, she has a 25-dairy cow unit, 59-sheep, 50-key stone
golden egg-laying birds, vegetable and grapevine garden. KVK
scientists very frequently conduct skill development and knowledge
updation programs for her and other farmers of the district. The
family’s net annual income rose to ₹ 12.21 lakh from a meagre amount.
Not all that, she now supports women empowerment in the village.
She leads a Dairy Cooperative in the area. She is a recipient of the
Progressive Farmers' Award, Innovative Farmers Award etc. When
asked about the secret of her success, she quoted Rumi, “Wherever you
stand, be the soul of that place”. She is really an inspiration for other
Z
women farmers in the area, said Dr Pervaiz A Dar.
a m ro o d a B a n o , a re s i d e n t o f
‘Kashmir’s Grape village: Repora’ in
district Ganderbal was busy doing
household chores and assisting her better
half in agricultural activities. However, the
net income was too less to support the
family's needs, particularly the kids’
education. But she was determined to
change the fortune of the family. Innovative
farming was the only workable solution.
The struggle brought the family into
contact of Krishi Vigyan Kendra,
Ganderbal. The integrated farming model
at the KVK inspired her. With KVK's
assistance, she established an integrated
Entrepreneurial Journey
Self-Reliance through Integrated Farming
Vanraja, Keystone, and Kadekhnath under the Department of
Biotech-nology-funded project. Recently, he has taken up duckery,
fish and turkey farming. His annual income from the enterprise is
around ₹13 lakh. Presently the livestock strength is 300 Vanraja, 100
Kadaknath, 350 ducks, three cows, and one fishpond. The daily egg
production at the farm is 150, milk production is 30 Kg; the net daily
income is ₹ 3700. He is a recipient of the champion farmer award from
SKUAST-K. He has also received appreciation at the UT level. He is an
inspiration for other farmers in the area. The success story of Syed
Fida Hussain has been widely covered by print and electronic media.
Fida quotes Jeff Koehler
54
SUCCESS STORY
K
hushwant Singh Brar, a
student of Fisheries Science
Guru Angad Dev Veterinary
and Animal Sciences University
(GADVASU), Ludhiana, Punjab is
always keen to learn and experiment
with unique ideas. He had a clear
vision of becoming entrepreneur in
shrimp farming. He met with a
horrible accident while doing
postgrad research, which took him 6
months to recover fully, and didn’t
55
NICHE CROPS
56
Niche Crops - UT of Jammu and Kashmir
57
Niche Crops - State of Punjab
58
Niche Crops - State of Bihar
59
Enterprise Small Scale Entrepreneurs
Is a legal entity possessing the right to conduct business These are entrepreneurs who operate on a small scale
on its own, for example, to enter into contracts, own and are popular in underdeveloped countries.
property, incur liabilities and establish bank accounts. It
may be a corporation, a quasi-corporation, a non-profit
institution, or an unincorporated enterprise.
Social Entrepreneurship
A social entrepreneur is interested in starting a business
for the greater social good and not just the pursuit of
Entrepreneurship profits. Social entrepreneurs may seek to produce
Process of setting up a business by an entrepreneur e nv i ro n m e n t a l ly- f r i e n d ly p ro d u c t s , s e r ve a n
(individual who creates and/or invests in one or more underserved community, or focus on philanthropic
businesses, bearing most of the risks and enjoying most activities.
of the rewards). The entrepreneur is commonly seen as
an innovator, a source of new ideas, goods, services, and Startup
business/or procedures. An entrepreneurial venture in the early stages of
operations, based on an innovative idea
Agripreneurship that will disrupt the market or created
to resolve a real-life problem. As
Agripreneur is an individual many startups solve society's
who starts, organises and needs, they attract investors
manages a business venture and funders because of the
focusing on the agricultural tremendous growth
s e c t o r. B r o a d l y, A g r i - opportunities. Scalability is
entrepreneurship or an important aspect of a
Agripreneurship provides startup.
value addition to
a g ric u lt u ra l resou rc es Incubator
typically engaging rural
Is an organization that helps
human resources.
startup companies and
individual entrepreneurs to
Ecopreneurship develop their businesses by
Ecopreneurship represents providing a full-scale range of
the process of principles of services starting with
entrepreneurship being applied management training and office
to create businesses that solve space and ending with venture capital
environmental problems or operate financing.
sustainably.
Host Institution
Well-known technology, management and R&D
Intrapreneurship institutions working for developing startups and
Intrapreneurship refers to a system that allows an contributing towards developing a favourable
employee to act like an entrepreneur within an entrepreneurial ecosystem.
organization. Intrapreneurs are self-motivated,
proactive, and action-oriented people who take the
initiative to pursue an innovative product or service. Technology parks
Is a purpose-built cluster of office spaces, labs,
workrooms and meeting areas designed to support
Technopreneurship research and development in science and technology.
A kind of entrepreneurship in the field of technology and Also known as a research park, technology park or
involves tech-savvy, creative, innovative individuals innovation centre.
who have a knack for taking calculated risk.
60
Angel investor introduction of new goods or services or improvement
in offering goods or services or innovation as "a new or
An individual who provides capital for startups, usually
changed entity realizing or redistributing value".
in exchange for convertible debt or ownership equity.
Angel investors often provide support to startups at a
very early stage (when the risk of their failure is Proof of Concept
relatively high), once or in a consecutive manner, and Also known as proof of principle, is a realization of a
when most investors are not prepared to back them. certain method or idea in order to demonstrate its
Also known as a business angel, informal investor, angel feasibility or a demonstration in principle with the aim
funder, private investor, or seed investor. of verifying that some concept or theory has practical
potential.
Crowdfunding
The use of small amounts of capital (money) from a large Prototype
number of individuals/groups to finance a new business Is an early sample, model, or release of a product built to
venture. Crowdfunding makes use of the easy test a concept or process.
accessibility of vast networks of people through social
media and crowdfunding websites to bring investors
and entrepreneurs together. Besides startup funding,
Minimum Viable Product
crowdfunding is popular for funding non-profit Is a version of a product with just enough features to be
organisations and donations for the needy. usable by early customers who can then provide
feedback for future product development.
Venture capital
Is a form of private equity and a type of financing that
Co-Creation
investors provide to startup companies and small Is the act of creating together. When applied in
businesses that are believed to have long-term growth business, it is used as an
potential. economic strategy to develop
new business models, products
and services with
Unicorn customers, clients,
A privately-owned trading partners or
startup with a other parts of the
va l u a t i o n o f s a m e e n te r p r i s e o r
over $1 billion venture.
and is often used
in venture capital
companies.
Launch
A product launch is an organization's
planned and coordinated effort to bring a new product
Fintech or service to market and make it available for purchase
Fintech or financial technology is used to describe new by consumers.
technology that seeks to improve and automate the
delivery and use of financial services. Composed of
special software and algorithms using computers and
Evangelist
smartphones, fintech helps companies and businesses An evangelist in startups is someone who promotes and
in better financial management. advocates for a startup company, its products or services,
and its vision. He sings praises for a brand and convinces
others to try or convert to the product or service.
Ideation
Is the creative process of generating, developing, and
communicating new ideas. Ideation comprises all stages
Elevator Pitch
of a thought cycle, from innovation, to development, to A platform to lure an investor or executive in a company,
actualization. Ideation can be conducted by individuals, or explain an idea/topic to the founder's parents in an
organizations, or crowds. exciting way. Unlike a sales pitch, there may not be a
clear buyer–seller relationship.
Innovation
Is the practical implementation of ideas that result in the
61
Imagineer equal size combine, are much rarer than acquisitions, in
which a larger company buys a smaller one.
Is someone capable of taking creative ideas or using
imagination and turning them into reality with actual
solutions. Pivot
Is a change in business strategy when the current
Unique Selling Point strategy doesn’t work e.g. changing the product.
A marketing statement that differentiates a product or
brand from its competitors. Also called as unique selling Accelerators
proposition. Are fixed-term, cohort-based programs, that include
mentorship and educational components and culminate
Value Proposition in a public pitch event or demo day. While traditional
business incubators are often government-funded,
A statement that clearly identifies the benefits a
generally take no equity, and rarely provide funding,
company's products and services will deliver to its
accelerators can be either privately or publicly funded
customers. A well-crafted value proposition will
and cover a wide range of industries.
differentiate the company and/or its specific product or
service in the marketplace and among a target market or
target audience. Business Model Canvas
Is a strategic management template used for developing
EDP Workshop new business models and documenting
exist ing ones. It offers a visual chart
Is usually a brief intensive educational program related
with elements describing a firm's
to entrepreneurship and startup for a relatively small
or product's value proposition,
group of people that focuses especially on
infrastructure, customers, and
techniques and skills in a particular field.
finances, assisting businesses to
align their activities by illustrating
Entrepreneurship potential trade-offs.
Education
Refers to a set of formalized teachings Cash flow management
that informs, trains, and educates Is the process of tracking how much money is
anyone to promote entrepreneurship coming into and going out of your business.
awareness, business creation, or small
business development.
Special Purpose Vehicle
Is a subsidiary created by a parent company to isolate
Virtual Elevator Pitch financial risk. Its legal status as a separate company
Is a short, descriptive speech aimed at introducing an makes its obligations secure even if the parent company
organization/brand, a product/service, a project, or an idea goes bankrupt. Also called a special purpose entity.
to relevant stakeholders who have no idea about them.
Technology management
Intellectual property Is the integrated planning, design, optimization,
Is patent, copyright, trademark or trade secret. operation and control of technological products,
processes and services.
Partnership
Is an arrangement where parties, known as business Technology Licensing Agreement
partners, agree to cooperate to advance their mutual Whereby an owner of a technological intellectual
interests and include individuals, businesses, interest- property (the licensor) allows another party (the
based organizations, schools, governments or licensee) to use, modify, and/or resell that property in
combinations. exchange for compensation.
62
INTERNATIONAL DAY
(April-June)
INTERNATIONAL SEEDS DAY
International Seeds Day is celebrated on
April 26 every year. This day is dedicated
to advocate patent-free seeds, organic
food, and farmer's right. Seed is the life for
farming.
Write to Editor
Agri Rise
Email: agririse@icar.gov.in
Room No. 217, Krishi Anusandhan Bhawan-II Pusa, New Delhi-110 012
Published by Project Director (DKMA), on behalf of Indian Council of Agricultural Research, Krishi Anusandhan Bhavan I,
Pusa, New Delhi 110012, and printed at M/s Royal Offset Printers, A-89/1, Naraina Industrial Area, Phase-I, New Delhi 110028.
Editor : Dr Seema Jaggi, agririse@icar.gov.in