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About AFBIC

  • Agri Food Business Incubation Centre IIT Kharagpur (AFBIC IIT KGP) is an innovation and agripreneurship cell for supporting agribusiness incubation by exploring technological innovations for venture creation in agriculture and allied fields. It is aimed at strengthening the start-up ecosystem in Agri-food and allied sectors to promote Agripreneurship by facilitating access to technology, domain experts and grant-in-aid for product and process innovation. The centre has been established under the RKVY-RAFTAAR program supported by the Ministry of Agriculture and Farmers Welfare, Govt. of India. The Agricultural and Food Engineering dept, IIT Kharagpur is entrusted with the responsibility of creating necessary infrastructure for mentoring and nurturing Agri-entrepreneurs from the ideation to successful commercialisation phases under this centre. The successful startups from the program will be empowered with technological and business acumen who will be the torchbearers for financial independence, job creation and in mentoring and motivating like-spirited entrepreneurs in rural and urban areas.

Our Vision

  • To promote, facilitate and develop a sustainable start-up ecosystem in agri-food and allied sectors with a focus on social upliftment by encouraging startup culture, employment generation and livelihood enhancement.

Our Mission

  • To translate agro & food processing based innovations into startups by incubating pertinent enterprise in order to ensure national food security and rural prosperity through integrated approach for R&D, technology, commercialisation, networking and dissemination of knowledge.

Objectives

  • To promote innovation, entrepreneurship and business creation in agri-food and allied sector by skill development, capacity building and technology scale up To create employment opportunities in agri-food and allied sectors
  • To promote an integrated approach for technology acquisition, R&D, IP protection, commercial technology transfer and market linkage
  • To facilitate evolution of a cost effective agri-startup ecosystem by providing technical, legal and regulatory compliance, financial and intellectual property support to agripreneurs
  • To build a vibrant agri-startup ecosystem, by establishing a network between academia, financial institutions, industries and other related institutions.