Value addition is gaining momentum as the food is transported for longer distances and globalisation has created more opportunity to trade food products internationally.
Value addition
Value addition is gaining momentum as the food is transported for longer distances and globalisation has created more opportunity to trade food products internationally. Value addition reduces bulkiness, helps in improving the quality and reduces cost of transportation. Right method of harvest; primary processing incl. grading, sorting, packaging & transportation; and conversion of crop into many downstream products enhances the value of agriculture commodities. Value addition includes simple method of bringing the produce from farm-gate to consumer as fresh as possible, to that of manufacturing nutraceuticals, food supplements and even composite foods. Several innovative products are introduced year after year globally and future of agriculture depends on innovative value added products. Value addition to agri commodities by branding and labelling is the other option gaining momentum in recent years, which has to be explored for better value realisation in the market.Tag : Agriculture, agri commodities, value addition processing, food processing, products, primary processing and branding
Project report
With respect to agribusiness, project report is a formal document covering all information about the promoter background, the business model, investment components, project financials etc. Depending upon the availability of details in the report, it can be broadly classified as project concept note, project report and Detailed Project Report (DPR) i.e., Bankable report. DPR in particular will be a blue print or guidelines for implementation of the project. Detailing of plan and programmes is a core requirement of DPR. There are certain set guidelines to be followed for preparation of the project report. However, these vary depending upon the purpose of the report.
DPR generally need to meet the requirements of Govt. approval and clearances, Bank loan and it has to be decision enabling document for implementation of the project. Details on investment including source of fund; model of procurement of agriculture raw materials, value addition and marketing of final produce; market survey; master plan and design; project components; quotations; technical feasibility and financial viability; implementation plan and schedule; financial ratios; provisional profit and loss account and balance sheet etc. to be covered in the project report. Supportive documents would be part of DPR, which will be generally included in the annexure. Way2ABI offers comprehensive services for project planning, bankable project report preparation and project implementation.Tag : Agriculture, agribusiness, project concept note, project report, DPR, components, business model, project financials, funding, viability, implementation schedule and Way2ABI
Agribusiness Incubation
Agribusiness incubation not necessarily limited only to technology innovation and technology transfer. There are three basic types of agribusiness incubators such as a) agribusiness value chain or sector development incubators, b) agricultural research and commercialization incubators and c) technology transfer incubators. Agribusiness Incubator by Way2ABI is one such “agribusiness value chain or sector development incubators”.
There is an absolute need for enterprise formation in agri and allied sectors. Agribusiness incubation is nurturing ideas, extending hand holding support and finally ensuring enterprise formation. Like any other entrepreneurship agriculture entrepreneurship also require lot of hand-holding mainly in the initial stage. Incubation services to start-up entrepreneurs will go a long way in solving the initial teething problems. These aims at supporting the entrepreneurs or incubatees starting from land selection, input purchase, advice on cultivation, processing, supply chain management and marketing plan and programmes.Tag : Agriculture, agribusiness, incubation incubators, entrepreneurship, enterprise formation nurturing ideas, start-ups, production, processing, marketing and Way2ABI