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Q3. How did rural users commercialize their products and become
entrepreneurs?
Ans. The product was first created by the innovative rural users to fulfill their
own needs, but they also considered its commercial feasibility primarily as a
means of making money. They begin use their product and demonstrate its
benefits to other rural residents.
The rural innovators also made an effort to promote their product, but they
were unable to do so and encountered a gap in the market. They mostly used
experiential learning to try and develop business skills while working. These
rural innovators were assisted by outside organizations such as NIF, and NIF's
Micro Venture Fund provided them with uncollateralized financial support.
They also receive assistance with marketing, commercial development, and
intellectual property rights (IPR) from NIF and its partner organizations, which
include GIAN, SRISTI, and Honey Bee Network. They are thus able to enhance
their offerings and create commercial prototypes that are more advanced
technologically. They are able to sell the finished product to more clients from
various parts of India thanks to assistance from outside organizations. Certain
user entrepreneurs also promote their goods abroad. For example, Dahiya had
inquiries about his biomass gasifier from Pakistan, Germany, Africa, and
Singapore. Nairobi, Africa is the recipient of Prajapati's Mitticool refrigerator
export. Ethiopia has questions for Kamboj, who exported his multipurpose
processing machine to Kenya.