Founded in 2003, ABI-ICRISAT has received many awards including the prestigious AABI (Asian Association of Business Incubator) Award for the year 2008. With a focus on serving poor farmer of the semi-arid tropics through business incubation approach, ABI has incubated 17 companies so far, of which 5 have graduated. These firms have created employment for 543 individuals till date.
ABI-ICRISAT’s aim has been same as the mandate of ICRISAT in serving poor farmer of the semi-arid tropics through business incubation approach. ABI-ICRISAT has supported incubated around 17 ventures. It has also exchanged 10 technologies and generated direct employment of around 543 and mobilized $8 million of funding for the incubatees. 3 incubatee companies have also received SEED fund support of Rs. 22.5 lacs.
ABI has attained a leadership in the area of agribusiness incubation by initiating co-business incubation and partnership to create similar systems with national and international agricultural research institutes like 5 business incubators in ICAR in India, TNAU-Coimbatore, IIAM-Mozambique, AREU-Mauritius to benefit more numbers of entrepreneurs serving the farming community.
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