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Indian fisheries body inaugurates business incubation centre April 06,2012   |  Source: The Hindu Business Line

The Central Institute of Fisheries and Technology (CIFT) in Kochi, Kerala, India, inaugurated a 5,000-square metre business incubation centre at their premises in Kochi. The centre was inaugurated by Dr S Ayyappan, Secretary, Department of Agricultural Research and Education (DARE) and Director General, Indian Council of Agricultural Research (ICAR).

The business incubation centre will nurture the development of technology-based and knowledge-driven agri-business ventures. The centre will help ventures during the start-up period (2-3 years) by providing an integrated package of technology, work space, shared office services, access to specialised equipment and pilot plant.

Value-added services such as management assistance, market research, business planning, access to seed capital, technical assistance, training, accreditation and networking support would also be provided, a press release issued here said.

The primary goal of the centre is to produce successful businesses that are able to operate independently. The incubation centre can accommodate nine ventures at a time.

Dr Ayyappan said, “Innovation and integration of available technologies is the need of the hour for which agri-incubator centre like the one at CIFT, Cochin should lead the country. Forty

 

© 2012, The Hindu Business Line

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