Considering its potential, Kerala State Industrial Development Corporation has identified hi-tech farming and farm-based enterprises and start-ups for ‘preferential system of financing.’
An official of the Corporation said here on Tuesday that the Global Agro meet here last year raised the prospects of Kerala seeing a boom in farm enterprises and start-ups in the sector. KSIDC is now working with Kerala Agricultural University to identify potential areas and to encourage new entrepreneurs. The official said that the university was in the process of drawing project details for start-ups and that the Corporation would try and get funds for start-ups under the Innovation in Science Pursuit for Inspired Research (Inspire) of the Union Department of Science and Technology.
