4 agribusiness scr

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  • 1. BIG IDEAS Global agribusiness incubation model W e see a huge need and value in fostering agribusiness entrepreneurship in developing countries. To take this even further, we see an opportunity to provide the connections to the global markets, for these entrepreneurs. This can be achieved by: Setting up agribusiness incubators in developing countries Linking these agribusiness incubators to provide access to the knowledge, technology, connections and markets in other countries. Science with a human face www.icrisat.org November 2013
  • 2. Problems and opportunities There is a need to further develop the agricultural value chains in developing countries, to improve food and livelihood security and economic growth. Small entrepreneurs in developing countries struggle with less access to the needed resources, assets, technologies, expertise and market information and access. This will also open opportunities for entrepreneurs to take their products and technologies to the market globally. Agribusiness entrepreneurship opens opportunities for new businesses as well as for smallholder farmers to build closer business link with the market and be a stronger player in the value chain. The solution ICRISAT has already a proven model for agribusiness incubators through the experience of setting up 22 agribusiness incubators in India, 11 in Africa and others in Nepal, Philippines, and Sri Lanka. These are self-sustaining incubators set up through private-public partnerships. The incubators nurture and mentor entrepreneurs, providing technical, business and market information, as well as knowledge on the access to credit and partners. Link these agribusiness incubators to provide access to the knowledge, connections and markets in other countries. Linking the incubators across regions and countries will allow knowledge and technology sharing. This will be the channel for small agribusiness entrepreneurs to grow and tap other markets. This is a technology transfer model that allows two-way flow of knowledge and technologies, for faster scaling up and building more profitable businesses. • There will be a special focus on including women farmers and agribusiness entrepreneurs. Opening up of new avenues of partnership with various public and private sector development agencies/organizations. To scale up this model it is recommended to: Set up agribusiness incubators in developing countries This will include significant expansion of the number of incubators to reach a critical mass in Africa, Asia and Latin America. The incubators will be set up through privatepublic partnerships with ICRISAT hand holding the process of setting up and operating in a network to form a Global Agri-Business Incubators Network. Expected outcomes • • Better entrepreneurship, enhanced technology transfer and development of better marketrelevant agro-technologies for entrepreneurs in developing nations. Enabling farmers to become a part of the value chain and enhance their livelihood means. • Involvement Contact Be a partner in setting up agribusiness incubators. Kiran K Sharma, Chief Executive Officer, Agribusiness and Innovation Platform; E-mail: k.sharma@cgiar.org Be a partner in expanding/strengthening this Global Agri-Business Incubator Network, and contribute in the scaling-up efforts to enhance productivity of the agriculture sector. 2 A concept note for Ensuring nutritional security in rural India