SM Karuppanchetty, Deputy COOAgri-Business Incubator - ICRISAT
atHanoi , Vietnam
3-6 Oct 2007
Asia Pacific Incubator Conference AAPIC 2007
ICT for Development : Incubation of Agriculture & related Sectors
Overview
• Intro on ICRISAT & Agri Science Park• Overview of Agri Business incubator
(ABI)• Zero to ZOOM Incubation of RUSNI by
ABI –Video• Need for working Group on Global Agri
Business Incubation • Way forward
Pearl millet Groundnut Chickpea PigeonpeaSorghum
Our mandate crops
ICRISAT’s vision and mission
VisionImproved well-being of the poor of the semi-arid tropics
MissionTo reduce poverty, enhance food and nutritional security and protect the environment of the semi-arid tropics by empowering the poor through science with a human face
Our strategy
• A research for development strategy
• Focus on key livelihood and income opportunities
• Core principles: equity, multidisciplinary, sustainability and community participation
• Research Paradigm- Crop Improvement, Agro Eco System, Biotech, Market Policy Our locations
Agri-Science Park @ ICRISAT
Convergence of biotechnology innovations, partnerships, and products for the poor
Research Consortium
Agri-BusinessIncubator
(ABI)
Ag-biotech Innovation
Center (AIC)
SAT Eco-Venture
Hybrid Parent Research
Consortium(HPRC)
Bio-productsResearch
Consortium(BRC)
ICRISAT-Private Sector Sweet Sorghum Ethanol
Research Consortium (SSRC)
AgriAgri--Business IncubatorBusiness Incubator@ICRISAT@ICRISAT
MissionMission“ Facilitate creation of competitive Agri-business enterprise through
technology development and commercialization”
supported by DST, Govt. of India in 2003supported by DST, Govt. of India in 2003
Agri-Business Incubator (ABI)
• Set up with NSTEDB-DST, Govt of India support in 2003
• Facilitates creation of competitive agri-business enterprise through technology development and commercialization
• Entrepreneurs supported with agri-technology, consultancy, networking with management experts, venture capital funding, marketing experts and physical infrastructure
• Maximizes success by minimising risk
Business PlanningCapitalization
Access to R&D Networks
Product Development Best Practices
Access to Services
Value Proposition Development
Exchange of Ideas
Champions
Networks & Alliances
Access to Capital
IP Identification & Protection Strategies
R & D
Sales & Distribution Channel Strategies
Strategy Development
State-of-the-Art Marketing Best Practices
Specialized Facilities
Business Development
High Performance Incubation
High Performance Incubation
Business Framework for incubation in ABI
Technologies commercialized through ABI
I. Ethanol from Sweet sorghum (NTJ 2 & NSH 104)
II. Transgenic cotton (Bajarangi Bt)
III. Fermentors
IV. Biopesticides (NPV & Bacillus subtilis)
V. Organic agriculture foods
VI. ICGV 91114 groundnut variety
VII. JG 11 Chickpea variety
VIII. Biocutlery
ABI’s clients
Current Clients Clients who have graduated New incubates
Biopesticides-Tablets formulation
Mekins Biotech Pvt. ltd
Commercial Extension & Agri-clinics
Agriculture Associates of India (AAI)
Bio cutleryBK EnvironmentalInnovation Pvt. Ltd
Organic Retail chainSresta Natural bio products
Fermentor
New hybrids of maize & sorghum
FermentorTransgenic vegetables
BT cottonEthanol from sweet sorghum
Area of Business
G-Tech Seeds
Hyglass Chemicals
Slesser TomSeed works (I) Pvt ltd.
Bioseed Reserch ( I) Pvt. Ltd.
Rusni Distilleries (I) Pvt. Ltd.Clients
Impacts generated by ABI
2003-2007 (4 years)
• Farmer benefited: 30,000• Farm Field catered: 65,000 ac • Entrepreneurs supported: 15• Ventures incubated: 10• Technologies Exchanged: 10• Investment mobilized: $7 million• Employment generated: 180• Revenue generated: $400K• ROI: 25%
ABI’s achievements
• National award for the Best Incubator 2005
• Best Social entrepreneur of the Country to ABI Client Rusni by the Prime Minister of India
• FAPCI Award for Rural development to ABI client AAI
• Pioneered globally by successful incubation of sweet sorghum ethanol
• Commercialization Of ICGV9114 groundnut variety
Global outreach– ABI at AREU – Mauritius– FBI at IIAM – Mozambique– TNAU- Coimbator, TN, INDIA– PHIL RICE- Philippines– Gujarat St Biotech Mission– Shangi Fengu Hi Tec Agri-China
Rusni Distilleries (I) Pvt Ltd
• Promoters: AR.Palaniswamy & Sai Venkat kumar• Area of business: Ethanol from sweet sorghum• Zero Stage: 2003 Xlnt Idea no one to fund & difficult to
anchor • ABI support: Sweet sorghum seeds, agri-consultancy,
extension, business consultancy and escort services
• This is a unique technology to produce ethanol from Sweet sorghum stalks.
• Fuel ethanol is used to blend petrol with ethanol from 5-20% as E5, E10 & E20, that is used in automobiles as fuel.
• The technology employs a completely non-molasses route with low cost of Production and is patented
• Food security not compromised• The Low cost of ethanol production• Zoom Stage : 2007 – commercial production,• 2 M& A offers,• 5 Turnkey projects (Uganda, Phillipines, Mozambique • Top VC and Investors in Q ,• Accolade by PM of INDIA• Doctorate from AIBM• Donor commit $15Million SS R&D
• Ripple effect - $150 million Investments, Employment 800, Benefit 100K farmers
•
Rusni Distilleries
2nd Global Forum for Business Incubation, Nov 6-10th
2006,Hyderabad
ABI’S Solid Incubation Networks
ISBA 2007 Conference,
Hyderabad
ABI’S Growth Strategy
00
Agri-biotech venturesBiofuels
Farm Business
Seed Systems
Green Ventures
Improved well-being of the poor of the semi-arid tropics
00
Agri-biotech venturesBiofuels
Farm Business
Seed Systems
Green Ventures
Improved well-being of the poor of the semi-arid tropics
ABI’S Ripple effect
ABI at Agricultural Research and Extension Unit (AREU), Mauritius
FBI at Institute of International Agriculture (IIAM), Mozambique
Others – TNAU, UAS,ICAR-NAIP , GSBTM, ,Techno serve-Uganda, Phil Rice, GSBTM, ICRISAT-Mali etc.,
ABI Support to BI partnersWhat we provide ?> Sensitization on ABI to partners & stakeholders (TNAU,IIAM,AREU,GSBTM,ICAR-
NAIP,> Conduct Feasibility Study and Develop Appropriate Business Model for Incubator
(IIAM, UAS -Dharwad)> Train Key management team on Business Incubation operations (IIAM, TNAU)
Facilitate Development of Detailed Service Modules (Seed, Food, Farm, Green Ventures, Biofuels etc.,)Technical gap assessment and bridging skills directly or through experts (UAS, AREU)Trouble shooting & mentoring assistance on operations & finance(IIAM,AREU,TNAU) Co organizing of Innovators identification campCo-branding and express platform for partner incubate clientsProvide on need basis to partner Incubators clients- Business Consultancy, escort services for Venture Capital Funding & Marketing support for business incubates
Need for International networking in Agri. Business incubation
• Priority Sector and most people depend for livelihood across the world
• Enhance domestic and export Marketability of Agro commodity through MIS, Quality standards which shall benefit the farmers economically
• Enable access to technology, hi-tech agribusiness which could reduce the cost or Increase the production to farmers
• Diversified portfolio Agri, Horti, Flori, Dairy, Poultry, Mechanization, Food Processing etc. Hence global best practices needs to be shared to optimize the resources
• Improving Agricultural extension system globally• Facilitate cross-border venture creation in agribusiness
Way Forward
• Formation of ABI global network (ABI-ICRISAT, Yanglin, Agro innova-Colombia, Shangai Fengu Hi tech, DCE-Indonesia, Practical Action-Sri Lanka etc.,)
• Development of ABI global network systems & Good practices modules, Policy Advocacy etc.,
• Branding Promotion & Publicity for Incubator and incubate benefits ( Create a demand for ABI from new institutions , Govt & CSR organization)
• Sensitization of Global players (CG,IFAD,FAO) and National players (NARES, Local Government) through Conference forums and regional workshops for partnering and participation in funding
• Startup Support through Business Model development and mentoring• Facilitate Agro-technology exchange from CG & NARES• Capacity Building, Skills training, Exposure Visits & networking opportunity to
the new players• Recognition and awards for Best performing Agri Incubators and incubateees
• ICRISAT is a CG institute committed to help poor through AGRI R&D
• Agri Business incubator (ABI) has proven to be successful model on technology commercialization and new venture creation
• Zero to Zoom story of RUSNI had successfully created ripple effects in and out of the system
• Agriculture is priority sector and Global ABI network can provide visible impacts on the livelihoods of the poor
• Business incubation is a sustainable way of cross border venturepromotion and methodical promotion approach can create a deep impact to the farmers and muliplestake holders
Conclusion
SM. KaruppanchettyDeputy COO, [email protected]
www.abiicrisat.org+91 40 30713414
Thank you
Come on we are ready to partner globally
