Cool new business model for plant biotechnology in India
Business incubators have long been a place where small companies can get help that makes them grow to the next level. A non-profit in Hyderabad is now applying that method to the most precarious phase of growth for a plant biotechnology start up: the field trials.
International Crops Research Institute for the Semi Arid Tropics are starting up is starting up research facility that will enable smaller firms to outsource field trials. It is a novel approach to business incubating, and it will be interesting to see the results of this project. It might be a smart business model that we can apply to speed up the second green revolution.