Innovator has developed a tractor operated tree pruner which is useful for pruning the trees and can do top dressing as well. The machine is mounted to tractor and gets drive from hydraulic system. It can be attached to any tractor of size 40hp and above. The blades are made of carbon steel. The tractor consumes 3.5-4.0 litre diesels per hour.Read more
The 'Natural Water Cooler' is a low cost, energy efficient, environment friendly water cooler that is based on the principle of heat exchange. It cools water naturally according to the external temperature and humidity.The technology has tremendous potential in dry and hot climatic conditions (i.e. tropical) and where electricity is not available. The use of copper tubes for flow of water has health benefits too.Read more
The machine is for removing buds from the sugarcane sticks. These buds are used for sugarcane plantation in horticulture.Read more
Welcome to Business Development
Grassroots innovations are essentially technological solutions generated by common people to tide over persistent problems. The solutions to such problems are either not available or unaffordable by a large section of the society in developing countries like India. The possibility of developing successful business models based on these innovations is very high because they originate from people having first-hand experience of all the issues involved. These innovations are thus need-based, simple, cost-effective and sustainable.
The basic goal of Business Development department of NIF is to build a value chain around these innovations to facilitate their transition into self-supporting sustainable enterprises. The ultimate objective is to make these innovative products available to the masses through the market mechanism or otherwise. It has to be underlined here that if these innovations exist and that they need to be taken further they would require a hand-holding support and healthy eco system in place, which is replicable and can connect these innovations with enterprises and help them flourish.
MVIF (Micro Venture Innovation Fund)
Realizing the need of extending risk capital to grassroots innovators, NIF established a dedicated risk fund for such innovators named as Micro Venture and Innovation Fund (MVIF) of Rs 4 crore for ten years with the support of SIDBI in October2003. Under the scheme, support from MVIF is made available to innovators and entrepreneurs who are associated with NIF for technology commercialisation. read more
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Mostly, the grassroots innovators are not capable of scaling up the production and/or marketing of the innovation due to limited entrepreneurial skill at the national or international level. Whenever NIF finds an innovator capable of becoming an entrepreneur, it provides mentoring and financial support to the innovator for enterprise development to meet their demand. read more