Govt of Assam dedicated to advertise an enabling agriculture enterprise ecosystem within the state: Dr. Ashish Bhutani

Assam Agribusiness Development Lab, an APART led acceleration program in partnership with CIIE.CO, IIM Ahmedabad’s incubator, finishing its inaugural cohort, efficiently staged “Pitching & Demo Day” on Friday.

The Demo Day was a coming collectively of stakeholders, authorities companies, monetary our bodies, buyers, patrons with the AAGL entrepreneurs in focus. Business stalwarts current have been from DIC, NEDFi, NRL, NABARD,

, North East Small Finance Financial institution, CII, FINER, SELCO Basis, Division of Fisheries, Division of Agriculture, ARIAS Society, World Veg, World Fish, IRRI and so forth.

CIIE.CO in partnership with ICCSPL is co-implementing this acceleration programme in Assam that was formally launched on thirtieth June 2021.

Dr. Bhutani stated, “Authorities of Assam is dedicated to advertise an enabling agriculture enterprise ecosystem within the state. In the direction of this, APART has initiated the Assam Agribusiness Development Lab programme to foster and speed up the expansion of the agro-processing sector. APART encourages entrepreneurs to spearhead the event of the State. We welcome CIIE.CO’S effort in implementing a much-needed program for reaching outcomes.”

Assam Agribusiness Development Lab (AAGL) organized the Demo Day primarily to interpret its flagship journey of 1 yr of the Cohort acceleration course of. After a sequence of enterprise and technical interventions and a pair of Boot Camps, the cohort of 25 agri-enterprises will now be participating with buyers, patrons and market platforms resulting in entry to finance and markets.

The Demo Day noticed 10 enterprises pitching their companies earlier than a gaggle of reputed buyers representing companies as various as Menterra, Caspian, NEDFi, NRL, HDFC Financial institution, AGVB and so forth. exhibiting potential for immense funding alternatives within the Agri and allied sector in Assam.

Chintan Bakshi, accomplice CIIE.CO and CEO Startupoasis said, “The AAGL is a path-breaking programme not just for Assam however additionally it is a possible trend-setter for supporting agri-based companies and MSMEs throughout India. CIIEI has used its deep experience in startup incubation and acceleration to offer deep mentoring, enterprise advisory, fundraising and market entry assist to agribusinesses from Assam. “

Freshdo App, an AAGL incubatee, which is a web-based necessities supply platform for farm recent greens, fruits and meat was launched in the course of the occasion.