Scaling the Solution: How do you intend to scale your activities over the next two years (e.g., reach new markets, diversify solutions, etc.)? What will make this possible?
1. Start Eggubator as business through institutes’ business incubation cell, local entrepreneurs with target to install 1000 units by year I, 5000 by year II and 10000 by year III of 400 eggs capacity. So it will empower 16000 farmers at the end of three years.
2. Will develop different models of Eggubator of different capacities like 25, 50, 100, 500, 1000 eggs
3. Various model developments for other birds like Emu, quails etc
For achieving these goals interdisciplinary team of engineers and marketing people are working together at Science for society. Innovators are also trying to collaborate with local veterinary colleges for testing, local governing bodies and NGOs for awareness, training and installations of Eggubator.
Financial Sustainability: What is your business model to ensure financial sustainability?
Government is supporting poultry business and providing subsidy upto 25% to farmers and upto 90% for backward and women entrepreneurs. We will also look for microfinance option for farmers. We will create local entrepreneurs and train them to create awareness and for maintenance of Eggubator. They will install Eggubators in their local area and act as dealers. We will generate revenue through the sale of Eggubator to these rural entrepreneurs.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered.
Science for society (S4S) is R&D based social enterprise which mainly comprises of interdisciplinary team of engineers and management people. They try to solve societal problems with scientific innovations. For different innovations at S4S, they got recognition from UNESCO, UNEP, USAID, Bill & Melinda Gates Foundation, Agilent, NUS, Bayer AG, Dell, Yahoo, DST, FICCI, Mahindra, State Government etc