INSPIRED TO HELP YOUR
MABIF is an initiative of NABARD & TNAU to promote Agribusiness in the southern region of Tamilnadu. Madurai Agribusiness Incubation Forum (MABIF) propose to extend the wings of its agribusiness development catchment around Tamilnadu that could effectively create rural transformation points of 75 km circumference that are administratively controllable.
Business incubators provide start-ups and early-stage businesses with the support and resources those young companies find difficult to access. MABIF involves access to networks, investors and mentors, or co-working space alongside other businesses and experienced professionals.
Develop the first ever seamlessly integrated agribusiness Incubator with network linkages to food value chain model and showcase South Tamil Nadu as one of pioneers in India’s food processing sector revolution by incubating agribusiness enterprises of world quality in a sustainable opportunity space.
Create MABIF as an incubation hub for agriculture and agribusiness based enterprising solutions by creating a world-class infrastructure, knowledge, human resources and above all the culture of competition and cooperation essential for values in backward and forward linkages.
MABIF is about alignment of Schemes, Financial Assistance, Link Industry, and University expertise coming together to motivate the entrepreneur for a smooth flow incubation
NABARD has sanctioned the Catalytic Capital Fund to MABIF at the investment amount of Rs.3 crores (Three Crores) to provide financial assistance to the incubation centers/subsidiaries of NABARD
MABIF has been empaneled as CBBO by NABARD and has been allotted 25 FPOs in various districts across Tamil Nadu.
TNCDW had sanctioned 2.4 Cr for organizing the Challenge Fund Awards and incubate the rural women SHGs to develop their income by 15%