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Source: The post is based on the article “Grassroots Innovations Accelerator program announced to support grassroots innovators with entrepreneurial, product & market development” published in PIB on 13th April 2023
What is the News?
A Grassroots Innovations Accelerator program has been announced at the ongoing Festival of Innovation and Entrepreneurship (FINE) 2023.
What is the Festival of Innovation and Entrepreneurship (FINE)?
FINE is organized by the President’s Secretariat in association with the Department of Science and Technology (DST) and the National Innovation Foundation (NIF).
It is an initiative to recognise, respect, showcase, reward innovations and to foster a supportive ecosystem for innovators.
What is the Grassroots Innovations Accelerator program?
Aim: To help grassroots innovators in farming with support for entrepreneurial, product and market development.
Collaboration between: The program is a result of a partnership between the NIF Incubation and Entrepreneurship Council (NIFientreC), a Technology Business Incubator(TBI) hosted by National Innovation Foundation and Publicis Sapient, a digital business transformation company.
Significance: This program is in sync with Sustainable Development Goal (SDG) 9, adopted by the United Nations General Assembly in 2015 with the aim to build resilient infrastructure, promote sustainable industrialization and foster innovation.
