MABIF 2.0 Newgen Agribusiness Ecosystem!

Business MInutes

In collaboration with NABARD and TNAU, MABIF 2.0 Newgen Agribusiness Ecosystem marked a significant milestone, showcasing a journey of growth and impact. Here's a glimpse of the event highlights:

Welcome Address: Dr. P.P. Mahendran, Dean, AC&RI, Madurai (Director & Nodal Officer – MABIF) extended a warm welcome to our esteemed guests, setting the stage for an inspiring celebration.

MABIF Overview: Er. K. Ganesh Moorthy, CEO, MABIF, shared insights into MABIF's achievements, unveiling a captivating video capturing our agribusiness journey.

Startup Success Stories: Witness the triumphs of startups under our NABARD - Catalytic Capital Fund and Startup India Seed Fund Scheme (SISFS) through a compelling success stories video.

Cheque Distribution: Dignitaries recognized the efforts of 20 startups, distributing cheques totaling 300 lakhs from the Catalytic Capital Fund and 80 lakhs from the Startup India Seed Fund Scheme (SISFS). Total funding support of Rs. 380 lakhs.

Product Launches: Innovation took center stage as 3 startups and 7 MABIF FPOs unveiled groundbreaking products, symbolizing the spirit of entrepreneurship.

Poster Unveiling: Unbox Startups for student innovation entrepreneurship. Dignitaries unveiled a poster embodying the untapped potential within our agribusiness ecosystem.

Website Inauguration: Explore the upgraded MABIF website, inaugurated by our dignitaries, reflecting our commitment to technological advancements.

Geographical Indications: Celebrating success! MABIF IPFC filed 33 Geographical Indications, with four granted. Our dignitaries shared this achievement, emphasizing regional authenticity.

Project Closure Report: Dr. V. Geethalakshmi, Vice Chancellor, TNAU (Chairman – MABIF) handed over the 5 Years Project Closure Report to the Shri. Shankar Narayan Ramanathan, CGM, NABARD RO, Chennai (Director – MABIF), symbolizes the culmination of a remarkable journey.

Heartfelt Appreciation: 

i) Dr. V. Geethalakshmi, Vice Chancellor,TNAU - Coimbatore, extends MABIF's incredible journey of growth! She applauds MABIF for nurturing startups, FPOs, students, and entrepreneurs, recognizing their significant contributions. Her appreciation extends to MABIF's stellar in the incubation services.

ii) Shri. Shankar Narayan Ramanathan, CGM, NABARD RO - Chennai extends his appreciation for MABIF's phenomenal growth and support to startups, FPOs, students, and entrepreneurs. 

We extend our thanks and gratitude to our guests from NABARD & TNAU, including Mr. A. S. Shakthi Balan, NABARD DDM-Madurai, Mr. Harish, NABARD DDM-Dindigul, and Dr. S. Kanchana, Dean, CSC&RI, Madurai were also part of the event. Special appreciation to the startups, FPOs, and Team MABIF. We feel privileged to be part of this transformative event!

Vote of Thanks: Dr. E. Somasundaram, Director, DABD, TNAU (Director – MABIF) expressed gratitude, concluding the event on a high note. Thank you to all who contributed to MABIF's journey of innovation and success!


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