Good practices assessment on agribusiness innovation and entrepreneurship along with focus on enhancing environment through allied programs and initiatives.

1. FICCI Centre for Technology Commercialization
Connecting Mind to Market™

2. DST- Lockheed Martin
India Innovation Growth Programme (1/2)
• Launched in March 2007 jointly by the Lockheed Martin Corporation, FICCI
and the IC2 Institute, University of Texas at Austin
•DST and Indo-US S&T Forum became Programme partners in November 2008
•DST-LMP IIGP is a nation wide Programme to accelerate new innovative Indian
technologies in the global market
•The Programme offers participants a number of training , educational and
commercialization opportunities
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3. DST- Lockheed Martin
India Innovation Growth Programme (2/2)
•2000 applications received and evaluated under the Programme so far
•Training on Commercialization Strategies provided to 350 innovators and
Advanced training in Technology Commercialization Strategies, Venture
Formation, Venture Finance, Technology Marketing, Competitive Technical
Strategies, and Presentation Skills provided to 200 innovators
•Over 175 Business Engagement Agreements signed so far under the Programme
linking innovators to industry partners, venture capitalists and government
funding organizations
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4. Economic Impact
•A recent independent survey conducted by Datamonitor on participants of 2007
to 2010 shows:
•The cumulative revenue generated during 2007-10 amounted to more than
INR 350 crores
•Many companies received funds from government organizations like
Technology Development Board, Department of Scientific & industrial
Research , Small Business Innovation Research initiative etc.
•Some participants have already established overseas offices and few are
looking forward to establish new offices outside India in near future
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5. Programme Process
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6. DST- LM IIGP 2011: Technology Coverage
Incomplete , 31 IT & Software , 31 Materials , 22
Homeland Security, 5 Mechanical, 37
Herbal, 23
Medical, 56
Healthcare, 62
Environment &
Energy, 112 Others, 198
Electronics, 89
Telecom, 5
Aeronautics & Defense, 22
Agriculture, 22
Education, 28 Automobile,16
Chemicals, 13
Biotechnology, 26

7. DST- LM IIGP 2011: City-wise Coverage
Pune 37
Bangalore 79
Hyderabad 36
Chennai 68
Kolkata 12
Mumbai 71
Delhi NCR 82
0 20 40 60 80

8. Programme Benefits
Shortlisted Participants
•Training in technology commercialization strategies and entrepreneurship
•“Quicklook report “ - a detail market analysis study to determine the commercial
potential of the technology
•Participation in a technology competition judged by an international panel of
experts
Programme Finalist
•Professional business development assistance
•Access to US and global markets
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9. Our Unique Approach (1/2)
•Extensive road shows by FICCI across India to educate technopreneurs about the
several aspects and benefits of technology commercialization leading to a sharp
rise in the number of applications received from 102 in 2007 to 950 in 2011
•Teaching best practices on innovation, creativity and capital by subject matter
experts from the IC2 institute enabling innovators to translate “knowledge into
wealth”
•Conducting an in-depth market analysis of the technology through a process
called “QuickLook Report” enabling the innovator to work on the strengths and
weaknesses of his technology and devise an appropriate market strategy
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10. Our Unique Approach (2/2)
Helping innovators reach out to extensive global and national markets by way of:
• Working closely with 79 Joint Business Councils of FICCI worldwide
• Time proven Industry-Academia-Government linkage
• Strong IC2 network in the US and European markets
• FICCI’s direct membership from the private as well as public sectors,
including SMEs and MNCs, and an indirect membership of over 83,000
companies from regional chambers of commerce
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11. Case Study
Technology
Nano Ganesh
Innovator
Mr. Santosh Ostwal. Ossian Group, Pune
Value-Add
• Pilot project in UP with the help of IFFCO
•Discussions with Jain Irrigation Systems for
scaling up the technology
•Nano Ganesh was recently honored as a Tech
Award Laureate, 2011 in the Economic
Development category at the Tech
Museum from San Jose, CA,USA.
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12. Mr. Santosh Ostwal says:
Various activities under the DST Lockheed Martin IIGP like
Entrepreneurship training program, expos, partnership
agreements and FICCI’s unending support helped us to build a
strong technology commercialization platform. In all, this
boosted our aspirations ten times than before. It expanded
our vision and build a huge confidence among our team to
scale up Nano Ganesh technology in massive way in least
period.
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13. Case Study
Technology
Slow Release Micronutrient Fertilizer
Innovator
Dr. (Ms.) Chandrika Varadachari, Raman Centre for Applied and Interdisciplinary
Sciences, Kolkata
Value-Add
•Engagement agreement with Sowbhagya Amino Inputs Pvt. Ltd., Hyderabad
• Engagement agreements signed with Chakradhar Chemicals Pvt. Ltd.,
Muzzaffarnagar, Aries Agro Ltd, Mumbai and Reliance Industries Ltd, Gurgaon
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14. Dr. (Ms.) Chandrika Varadachari says:
“In a nutshell, the India Innovation Growth
Programme has transformed the way the world looks
at my innovation. It has served as the launching pad
for my innovation to be thrust from the murky depths
of obscurity and frustration to the heights of
international acceptance and recognition.”
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15. Thank You
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