NRDC Inks Moa With A-Idea, Naarm – Tbi For Promotion Of Start-Ups

NRDC Inks Moa With A-Idea, Naarm – Tbi For Promotion Of Start-Ups 

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.

Chairman 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 so far.

Under this 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.

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