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Business incubators play a vital role in supporting ventures by providing a host of services. This exclusive session for entrepreneurs will detail successful incubatee case studies, how incubators accelerate growth of the venture and how it can help in nurturing innovations.
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Tamil Nadu Agricultural University Business Planning and Development Unit
Dr. P. Sivasubramanian
Director (Agri-business Development)
PI, NAIP-BPD, TNAU
Objectives • To commercialize technologies and products
developed by TNAU.
• To develop and promote entrepreneurship in the region through Agri-Business Incubation by providing incubation support, handholding services and market linkages
• To undertake programs on capacity building with regard to technologies and managerial aspects for establishing agribusiness
• To contribute to competitiveness of agribusiness environment and job creation
Ventures Ventures supported • Innovative Ventures • Seed Ventures • Biotech ventures • Farm Ventures • Food Processing Ventures • Bioinput Ventures
Services • Commercialization of Technologies developed by TNAU • Conduct Agri-Business Development Events to promote
more agri-business enterprises in the region • Facilitate joint ventures and tie-ups • Promotion of new agri- enterprises • Conduct impact studies on the success of Business
Incubation activities • Provide infrastructure for incubatees • Capacity building • Branding and marketing • conducting Market research and feasibility studies
Facilities at BPD -TNAU
Lobby
Business Discussion Room
Common Business Centre
Laboratory
Training Hall
Membership No. of entrepreneurs enrolled as incubatees: 42
Category A: Individual farmers and Self Help Groups can apply under this category Category B: Individual entrepreneurs, firms, start-ups, NGOs taking up commercial activities in India can apply under this category Category C: Public / Private limited companies and other agencies not included in Category A and B can apply under this category Category D: Multinational companies and foreign companies can apply under this category
Sl .No Category No. of members
1. A 32
2. B 9
3. C 1
4. D -
Total 42
Our Incubatees
In-house incubation at BPD-TNAU
Office of M/s Eco Green Unit in the BPD unit
Incubatees having offices at BPD unit 1.M/s Ishinn Organic Exports Pvt Ltd 2.M/s Provimi Products Pvt Ltd 3.M/s Emral Tune Line Auto tech Ind 4.M/s Eco Green Unit 5.M/s VinziSperri 6.M/s Coronet Food 7.M/s Cleanstar 8.M/s J.K.Foods
Client servicing
Company: M/s Bhuvicare Pvt Ltd Proprietor: Mr. T.G.R.Kunjharhamoney Product: Herbal Insect Repellant
Services extended • Access to TNAU Technology through
Technology Transfer • Business Plan • Market linkages • Branding and Promotion
Business Progress after joining BPD-TNAU
In 2010, the product was sold through Department of Agriculture in 12 districts
covering 40,000 hectares of Tamilnadu. More than 40,000 farmers have been
benefited by using the product.
Herbal Insect Repellant ( TNAU Technology)
Bhuvicare Pvt Ltd
Banana Pseudostem Injector ( TNAU technology )
Company: M/s S.P.Engineering Proprietor: Mr. Selvaraj Product: Banana Pseudostem Injector
Services extended • Business Plan • Identification of potential distributors and
individual clients • Branding • Promotion and Marketing Assistance
Details Before Incubation support After incubation
Sales quantity (units per month)
25 750
No. of dealers Nil 10
Business Progress
S. P. Engineering
Company: Eco Green Unit Proprietor: Mr. S. K. Babu Product: Banana Fibre Products
Services extended • In-house Incubation • Branding Promotion • Marketing Assistance
• No. of enquiries increased from 150 / month to 260 / month
• Increased brand equity
• 40 % increase in customer base
• 25 % Increase in sales
Business Progress
Eco Green Unit
Company: Vinzisperri Pvt Ltd
Proprietor: Dr. P. Sathiyamoorthi
Product: Natural Fruit drinks & Food Products
Services extended - Business Plan - Identification of potential distributors - Facilitating New product development - Promotion and Marketing
Business Progress
Details Before Incubation support After incubation
Monthly Sales Rs. 50,000 Rs. 2,00,000
Vinzi Sperri Pvt Ltd
Company: Emral Tune Line Auto Tech Ind
Proprietor: Mr. M.P. Rajkumar
Product: Mobile based irrigation Scheduling equipment
Services extended – Business Plan
– Identification of potential distributors
– Marker research
– In-house incubation
Business Progress
Details Before Incubation support After incubation
Monthly Sales Rs. 15,000 Rs. 40,000
Industrial customers Nil 6
Emral Tune Line Auto Tech Ind
Details Before incubation Support After Incubation Support
Monthly sales 500 Kg 1000 Kg
No. of distributors 2 6
Company : M/s Coronet food
Proprietor: Mrs. Poomalai Product: Minor Millets based Ready to
Cook Products
Services extended - Facilitating New product development - Identification of potential distributors - Brand Promotion
Business Progress
Coronet Food
Technology Commercialization
cry2Ai gene
TNAU Master Trap
Solar Crop Drier Stored Grain Insect Management Kit
Ready to Cook Mix from Pearl millet
SRI Power Weeder Minimal Processing of Banana Pseudostem
8 TNAU
Technologies
Nutrigold – Organic Plant Growth Promoter
Technology Commercialization MoUs
cry2Ai gene Bioseed Research India Pvt Ltd
Solar Crop Direr Unique Fabricators
Cumbu Ready to cook Mix Mr. Venkatachalam
Insect Management Kit Melwin Engineering
Financial Assistance
Mr. Prabhushankar, Managing Director, IAC Agro Inputs Pvt Ltd receiving the cheque from Dr. P. Murugesa Boopathi, Vice-chancellor, TNAU Coimbatore
Financial Assistance to Incubatees : Rs 42.66 lakhs
1.TDB funding from ABI-ICRISAT: Rs. 10.5 lakhs 2. MSME scheme: Rs 32.16 lakhs
BPD - Hubs Entrepreneurship Development Program at
BPD Hub, AC&RI Madurai-03-08-2011
Dr. P. Sivasubramanian addressing the Agripreneurs during the program
Entrepreneurship camp at BPD Hub, ORS, Tindivanam-30-03-2011
Dr. P. Murugesa Boopathi , Vice-Chancellor, TNAU inaugurating the
entrepreneurship camp
BPD - Hubs
Orientation Cum BPD – Entrepreneurial Hub Launching Programme at , TRRI Aduthurai-22-07-2010
Marketing Assistance
DG, ICAR interacting with one of the incubatees of BPD-TNAU in Agri Intex 2011
Agri Intex 2011 Events Participated : 7
Dinamalar Agri Expo 2011-Trichy
-28 to 31 Jan2011
Busy stall of BPD-TNAU
Innovations from BPD-TNAU
Staff members of BPD-TNAU with the inventor and the buyer
Banana Fibre Extraction Unit Micro Wave Based Cardamom Drier
Inner View of the Cardamom Drier
First Royalty
Technology: TNAU Herbal Insect Repellant Royalty for the year 2010-11: Rs 8 Lakhs
Mr. T.G.R. Kunjharhamoney, Managing Director of M/s Bhuvicare Pvt Ltd handing over the cheque to Dr. P. Sivasubramanian, Director, Agri-Business Development, & PI-NAIP-BPD scheme during the 77th Scientific Workers Conference held in TNAU
Achievements
Sl. No. Indicator Performance as on
1.02.2012
1 No. of technology commercialised 8
2 No. of entrepreneurs incubated/enrolled 42
3 No. of in-house incubatees 8
5 No. of Research collaborations facilitated 1
6 No. of innovations supported 2
7 New products introduced in the market 2
8 Entrepreneurship Development programs
conducted 9
9 Mergers & Acquisitions, Joint Ventures, Tie-
ups facilitated 9
10 Total seed fund sourced by Incubatees 198 Lakhs
11 Turnover of Incubatees in 2011-12 23 Crores
Best Agri-Business Incubator Award
Officials of BPD-TNAU receiving the National Award for Best Agri-Business Incubator during the Global Conference
on Agri-Business Incubation held at ICRISAT
Best Incubatee Award
Mr. M. P. Rajkumar receiving the National Award for Best Incubatee from Shri N. Raghuveera Reddy, Minister for Revenue and Rehabilitation, Govt. of Andhra Pradesh
African project
BPD team and officials of Topworth Groups of companies with
Mr. Madikaba Camara, Secretary of Agriculture, Government of
Guinea (fourth from left)
Impact of BPD-TNAU • No. of entrepreneurs incubated: 42
• No. of entrepreneurs supported/ trained: 593
• Farmers directly benefited with
value addition: 800
• No. of local employment generated (direct)
through incubatees:183
• TNAU Technologies disseminated: 8
• Innovations supported : 2 1. Subha Low Cost Power tiller 2. India Specific Sugarcane Harvester • New Products introduced in the Market: 3 1. Microwave based Cardamom Drier 2. Banana Fibre Extraction Unit • Crop Variety Popularized: Co6 Black Gram
Cardamom Drier
Sustainability • Membership • Royalty • Schemes
– Techno-prenuer promotion programme
– MSME Scheme
• Rentals • Technology Commercialization
Lessons learnt • Timely Client Servicing - top priority
• Technology Commercialization: Products with high market -many buyers- (Ex: Solar Crop drier and SRI Power Weeder was licensed to 3 companies each )
• More No. of in-house clients- regular income as Rentals
• Increased interaction of scientists with BPD units
• Decentralized operations – Ex: BPD hubs in AC&RI Madurai, ORS, Tindivanam and TRRI Aduthurai
Lessons learnt • Technology commercialization among BPDs
(Ex: Natural dye technology of CIRCOT can be commercialized in Tirupur & Coimbatore in association with BPD-TNAU )
• Most Innovators visit BPD unit for financial assistance.
( MSME and TePP can help these innovators )
• Inter Incubatee servicing: One incubatee providing services to other
• Marketing assistance - most requested service
• Participation in events
• Brand leverage
Thank you
Business Planning and Development Unit Directorate of Agri-Business Development
Tamil Nadu Agricultural University Coimbatore
E-mail: [email protected]