Promotion of Agri-Entrepreneurial Enterprises

In Meghalaya, there is a scope for incubating Agri-entrepreneurs to create breakthrough innovations, develop stronger business models and entrepreneurial strategies. Traditionally, farming is practiced without any scientific know-how and often farmers must tackle unforeseen situations of delayed monsoons, drought, crop debts, fake seeds, and shortage of fertilizers. Hence there is a need to inculcate entrepreneurship in agriculture for more productivity and profitability. Agribusiness can offer a large number of prospects for value addition, packaging, retailing, and exports of agricultural products with advance technology and management.

Agri-entrepreneurial Opportunities lie in:

1. Processing units for agricultural produce like rice mills, etc.
2. Manufacturing units for products based on agricultural produce as the main raw material like sugar factories, etc.

• Manufacturing units for agricultural inputs like fertilizer production units, food processing units, agricultural implements, etc.

1. Agro service centers for repairing and serving the agricultural implement used in agriculture.
2. Other agri-enterprises like setting up of Apiaries, feed processing units, seed processing units, mushroom production units, commercial vermicomposting units, organic vegetable and fruits retail outlet, bamboo plantation, etc.
3. Extraction of aromatic and essential oils

MFEC is encouraging rural and young educated people to get into Agri-Enterprises like Biofloc Fish Farming.