Association for Innovation Development of Entrepreneurship in
Agriculture (a-IDEA), Technology Business Incubator
of National Academy of Agricultural Research Management (NAARM) has entered
into a Memorandum of Agreement (MoA) with the National Research Development
Corporation (NRDC) to support Agribusiness start-ups. Dr. H.
Purushotham, Chairman and Managing Director of NRDC and Dr. K. Srinivas,
Principal Scientist & Chief Executive Officer, NAARM signed and exchanged
the MOA in presence of Director,Mr. Darapuneni
Rama Rao, Joint Director Dr.(Mrs.) Kalpana Sastri, and Chief Operation Officer
of NAARM Mr. Nadiminti Vijay.
A-IDEA, technology business incubator
of NAARM is funded by Department of Science & Technology, aims to build
powerful Agribusiness & technology ventures through cutting edge technology
and economic value return.
and Managing Director of National Research Development Corporation (NRDC) Dr.
H. Purushotham, stated that the partnership between NRDC and a-IDEA, NAARM – TBI contributes to the
promotion of ‘Start-up India’ Mission of Govt. of India. NRDC has rich
experience in promotion of innovation and entrepreneurship over six decades and
executed about 5000 technology Licence Agreements with industries / Start-ups
partnership, NRDC shall provide services like IPR Management, Technology
Management, Mentoring services, Value addition services, Regulatory Assistance,
Skill Development/EDP/Cluster Development and Limited Angle /Seed Fund support
to agri based start-ups in the incubator. These services can also be extended
to about 70 incubation centres in the country to promote start-ups. This partnership is expected to lead Agri innovations in
India to new heights over PPT mode.