NE BUSINESS BUREAU
CHENNAI, MAY 8
The National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, GOI, New Delhi has “Establishment of Technology Business Incubator (TBI)” at the Directorate of Agribusiness Development, Tamil Nadu Agricultural University in 2011which extends its support to startup firms in agriculture and allied sectors, a release from TNAU said.
About 305 Agripreneurs are enrolled as members in TBI and they are provided with handholding support for testing and quality certification, financial linkages, grants from government institutions, technical guidance, inhouse office space, market linkages, business promotional activities, patenting services and trade mark registration.
The Ministry of Agriculture and Farmer’s Welfare, RKVY Division, New Delhi has selected Technology Business Incubator, DABD, TNAU, Coimbatore as an R-ABI centre for implementing RAFTAAR programme in 2018-19.
For implementing RKVY – R-ABI Agripreneurship orientation programme (AOP) – II, 2020-21 TBI, TNAU has called for online application which is open from May 4.
Graduates with an innovative idea and aspiring to start an agribusiness venture are encouraged to apply. The candidates will be screened and selected by a committee for a full time 60 days training with a stipend of Rs.10,000 per month for 2 months. The training will be highlighted on the potential agribusiness ventures, guidance to startups, and insight into different aspects of business, schemes and subsidies from the government and to draft a business proposal.
After successful completion of the training, the business plan of the trainees will be forwarded to the Ministry of Agriculture and Farmers Welfare, New Delhi a maximum grant up to Rs.5 lakhs (Rupees five lakhs only).
During 2019-20, AOP 1 was conducted in which twenty aspiring agripreneurs were selected for 2 months training programme with a stipend of Rs.10,000 per month. Their ventures included food processing, bio technology, IoT, health and wellness products, hi tech agriculture etc. Trainees after successful completion of the programme presented their pitch deck in March 2020 for a grant upto Rs.5 Lakhs. The release of grant is awaited.
The online application link is available at https://sites.google.com/a/tnau.ac.in/tbi,
https://tbitnau.com
http://www.tnau.ac.in
The last date for receipt of filled in online application is May 31, the release added.
