Agri-business investors camp for startups in Hyderabad on June 12

Friday June 05, 2015 , 2 min Read

An agri-business investors camp would be held in Hyderabad on June 12 to be hosted by International Crops Research Institute for Semi-Arid Tropics (ICRISAT).

Agribusiness innovators and budding entrepreneurs will have an opportunity to present their ideas or prototypes for individual advice, Hyderabad-headquartered ICRISAT said in a statement.

Whether a farmer with an idea, a businessperson or a student - anyone can bring their ideas for helping scaling-up. The camp is oriented around three themes: agri-technology, agri-engineering and food processing.

ICRISAT said the aim is to identify and invest in innovative, early-stage startups that have the potential to become scalable and competitive food and agribusiness ventures.

"The camp is targeted at the Indian start-up entrepreneurs and innovators in the agricultural sector and will serve as an ideal platform to present business ideas and models to secure additional funding support of up to Rs one crore and to scale-up," said S M Karuppanchetty, Chief Operating Officer of Agri-Business Incubation programme. As part of the ICRISAT-ABI programme, incubation support would be offered to selected entrepreneurs with innovative ideas, he said.

According to PTI, the camp is an initiative of the ICRISAT-ABI programme of the Agribusiness & Innovation Platform, which aims to enhance public-private partnerships as a model for fostering agribusinesses to bring research for development innovations of ICRISAT and its partners to the market for faster and wider impact, the statement added.

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