Page 29 - EDII Report 121

EDII REPORTS 121 EDII REPORTS 121

into viable commercial propositions. Incorporating technology in venture planning was also “Agriculture and its Supply Chain Management is one of the crucial domains as it involves
emphasized upon. Business Opportunity Guidance, Market Survey, Accounting & Book Keeping agri products which are mostly perishable. The entire process becomes critical and
for Small Businesses, Business Plan Preparation, Managerial Inputs, Marketing Management, and excessively expensive. But this programme gave us insights into enhancing efficiency and
other domains such as taxation and product pricing were a part of the curriculum. minimizing costs through overall supply chain and logistic operations.”
- Mrs. Betty Poni Cosmas Abulou (South Sudan)
It was indeed heartening to see EDII reaching out to the neighbouring country and helping it Participant of ‘Agri-Entrepreneurship and Supply Chain
strengthen its entrepreneurship ecosystem. Management‘ programme

“Setting up a business was always an enigma for me but this programme gave me all the
necessary knowledge that broke several myths about entrepreneurship. Bhutan is a Promoting Innovations & Entrepreneurship through
resourceful country with several untapped domains. I am so glad I got exposed to this. I feel
Incubation
ready to start my journey as an entrepreneur.”
Incubators and accelerators have come to play a major role in nurturing innovations into
- Mr. Dal Bahadur Bhujel
successful start-ups through a range of resources and services.
Participant of ‘New Enterprise Creation & Skill Upgradation Programme
for Bhutanese Youth on Impact Enterprises’
An effective incubation ecosystem is a must, and given the growing accent on start ups, it is
important to strengthen it. Preparing and equipping Incubation Managers in all the functional
Easing Entry into the Emerging Domain of areas of the business incubation process could noticeably enhance incubation services and
Agri-Entrepreneurship and Supply Chain Management contribute to building a strong growth environ.

Agriculture, food production and processing, supply chain management and marketing, offer
EDII conducted a Programme on 'Promoting Innovations & Entrepreneurship through
excellent potential for business and growth. Given that a major proportion of the world's
population is dependent on agriculture and need support, it becomes all the more significant to Incubation', during 16 January — 24 February, 2023 for 31 Incubation Managers, Professionals
streamline the processes in the sector. To impart learning on the same, EDII conducted a intending to set up / get engaged with Incubation Centres, Business Counsellors/Advisors,
Programme on Agri-Entrepreneurship and Supply Chain Management during 16 January — Entrepreneurship Trainer-Motivators, Business Promotion Officers and Government officials
involved in Investment / Business Promotion from 19 different countries.
24 February, 2023.

26 officials from agri supply chain firms and related Government Ministry / Department / The curriculum focussed on imparting learning on setting up and managing incubation centers,
agencies engaged in agro-product storage / post-harvest and officials from agri-commodities role of Business Incubators in Emerging Economies, and ways to sustain and grow a business
incubator. The participants also looked at best practices, and delved into the areas that are the
market and agri supply chain firms; resource people working in agro / food processing / fishery /
hallmarks of a successful incubator. Based on the conditions prevalent in their respective
animal husbandry / agri services; employees from financial institutions catering to funding
requirements of agriculture and agro product-based industries, attended the six – week countries, the participants drafted a strategy paper on success of incubators. The document listed
programme. the need for adaptability to local requirements, the role of an incubator manager and the guiding
framework within which an incubator can function effectively.
Participants from 12 countries got insight into cultivating an 'entrepreneurial attitude' to
smoothen the process and develop innovative solutions. The participants also learnt about “An entrepreneurially inclined society will have proactive incubators and accelerators. Like
emerging opportunities in agri-businesses, developing a comprehensive business plan / project in every other field, this area too requires hands-on professionals who can understand the
technicalities and contribute effectively. For this well planned and highly relevant
report and cultivating understanding on Commodity Market & Supply Chain Management.
programme, I am happy that I was chosen. I will be able to make a useful contribution to the
growth of entrepreneurship in my country. "
“Agriculture is the bread earner for many across the world, and given this, the curriculum was
- Mr. Daniel Mayrena Espinales (Nicaragua)
developed accordingly to showcase best practices and impart valuable learnings and winning
Participant of ‘Promoting Innovations & Entrepreneurship
solutions.”, said Dr. Dinesh Jain, Programme Director.
through Incubation programme

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