This project will provide better understanding of the challenges facing start-up stage FPOs by taking them for a one-day farm visit within the state, followed by a five-day visit outside the state after the training. During these visits, participants will learn about entrepreneurial capacity, business and marketing strategy, financial resources, and other key aspects of running a successful FPO.
Coimbatore: The Agribusiness Incubation Society (ABIS) - Technology Business Incubator (TBI), in collaboration with the Directorate of Agribusiness Development, TNAU, Coimbatore, is conducting a three-day training on "FPO Management" under the Tamil Nadu Small Farmers' Agribusiness Consortium (TNSFAC) by Department of Agricultural Marketing and Agri Business (DAMAB) on May 31st, June 1st, and 2nd, 2023.
About 80 farmers from FPOS of Coimbatore, Tirupur and Erode districts are participating in the training programme.
Dr.E.Somasundaram, Director, ABD inaugurated the training and delivered a lecture on identifying the opportunities in Agribusiness. A.V.Gnansambandam, CEO – ABIS welcomed the participants of the training and Dr.M.Malarkodi, Associate Professor (ARM) & Training Coordinator proposed the vote of thanks.
The training focuses on Formation of FPOs for Organic Farmers, Concept and FPCs under Companies Act, Statutory & Compliances of FPC, Export potential for FPC products, Opportunities and Challenges in Promotion of FPOs, Governance of FPCs, Projecting Cash Flows, Price Fixation Strategies for FPC Products, Financial Statement for FPCs, Leadership skill Development & Team Building, and Value addition of Horticultural Crops. Following the training, participants will be taken on a one-day farm visit within the state and a five-day visit outside the state. This will assist start-up stage FPOs face numerous challenges such as entrepreneurial capacity, business and marketing strategy, financial resources, and so on.
With the technical support of TNAU, the TNSFAC is conducting similar trainings to members of 318 Farmer Producer Organisations to transform them as agri entrepreneurs.