|
|
Honey bee publish details |
| More
Information |
|
|
| Name |
|
|
|
| Address |
|
|
|
| District |
|
|
|
| State |
|
|
|
| Country |
|
|
|
| Category |
|
|
|
| Title |
Micro Venture Innovation Fund (MVIF) |
|
|
| Abstract |
"The idea of the MVIF originally evolved at the first international conference on Creativity and Innovation at Grassroots (ICCIG), Jan 11-14, 1997, at IIMA. A note was circulated in advance to various state governments’ secretaries invited to the conference about such a fund. It was based on a case study of tilting bullock carts describing how a new innovation when it gets traction from the market needs not only risk capital but also hand-holding. That’s how GIAN was set up to mobilize such capital. In 2003, the finance minister announced such a fund after our advocacy with then finance secretary and economic adviser.
The idea was simple. Micro Finance met the financial needs of enterprises for which the market existed. MVIF met the need of the enterprise for which the market did not yet exist. SIDBI set up such a fund at NIF in 2003 October. After repayment by NIF of the entire balance of MVIF, the same has been re-established at GIAN. GIAN model was scaled up in the form of NIF in 2000 and we hope that MVIF will be an Indian contribution to the global repertoire of novel poverty alleviation approaches. It is strange that despite all kinds of innovation indices having been developed, the WIPO/World Bank and other international development institutions have not yet recognized that without risk capital grassroots innovations cannot be scaled up.
Gujarat Grassroots Innovation Augmentation Network (GIAN) and Small Industries Development Bank (SIDBI) came together for the project “Gramin Navonmesh Protsahan” under Micro Venture Innovation Fund (MVIF). The project aimed to strengthen the innovation ecosystem and provide support to innovations from and for grassroots across the country. Selected projects get support for investment funds for stimulating commercialization. The support is provided in the form of a soft loan with a 5% interest rate.
Innovation-based enterprises, Projects from ITI/Polytechnic/Diploma students, Women entrepreneurs, Social enterprises, Individuals can apply for the funds. Selection criteria are Novelty, innovation readiness to market, innovative technologies, social impact, affordability, inclusivity and gender sensitivity, innovations for niche markets, potential direct/indirect beneficiaries, etc. With the financial support for marketing, purpose projects get Monitoring support too. The expert screening committee was established for the selection of the projects. The provided Maximum up to Rs. 2 Lac and in a few deserving cases it extended up to Rs. 5 Lac to only projects approved by our experts and screening committee. The amount must be returned with a 5% rate of interest within two years.
" |
|
|
| Details |
"Bijayashanti’s lotus Stem
Tongbram Bijiyashanti Devi
Thanga Tongbram Leikai, Bishnupur District, Manipur - 795133
Bijiyashanti is from Manipur, India. She is the founder of Sanajing Sana Thambal Lotus weaving that was started in Thanga village, Manipur
3 years ago. She makes lotus fibers from fresh lotus flower stems. She made lotus fabric clothes like scarves, neckties, plain clothes, and mask. She also makes lotus tea and water lily tea. Lotus clothes have great benefits for health. Wearing the lotus fiber clothes makes the body calm and helps in curing headaches, lungs issues and heart ailments can be cured of lotus fiber. The Lotus flower is adored for its characteristics of rising above the muddy water. Lotus fibers products are either pure lotus or mixed with silk or cotton. Till now she has sold out scarfs worth four lakhs. Thambal is getting a huge demand for the product in the market by the visitors and local users in Manipur. It is creating work opportunities for women in rural areas and creating a high economic impact for them where lotus is naturally available. It helps in the promotion of the conversation of biodiversity through sustainable trade in natural ingredients that increase the competitiveness of the local community via economic and social benefits. The products which are made from lotus fiber are 100% organic and beneficial to health. The approximate manufacturing cost per unit is Rs. 10,000/scarf (13x65 inch), selling cost per unit is Rs. 13,000 (Excluding GST 18%). In 202, her innovation got support under MVIF by GIAN and SIDBI for the marketing of the products.
Folded Ladder
Mr. Mohd Rafiq Ahanger AdlashMagam, Srigufwara, Anantnag, J&K - 192401
Video: https://bit.ly/3rJmfuS
Mohd Rafiq Ahanger has been a blacksmith involved in fabrication work for the last 25 years. His claim to fame is developing a multipurpose tool, which can be used as an ax, hammer, chisel, blade, screwdriver driver for domestic or other carpentry tasks.
Since childhood, he had access to blacksmith tools, iron, and steel. He would use them to repair old gadgets and make toys or small replicas. It was easy for Rafiq to identify with the problems people face in their daily lives, which finds reflection in the products he designs. Given the poor condition of electricity in the region, he was in dire need of an electricity generator for his workshop. This prompted him to design a pressure generator for producing electricity.
Rafiq developed a generator, which can produce 40W electricity. His innovation won him a lot of admiration in the district and an invitation to the Islamic University of Science and Technology to demonstrate his device. This iron ladder has a multipurpose use in horticulture during harvesting and branch cutting and is more secure than those that currently exist in the market. It is designed like a tripod with a full height of up to 12 feet. Its wide pillar length ensures that a person can stand on it securely without losing balance. A basket can be pulled up and down by a rope pulley attached to the supporting pillar, which can be adjusted by hand without the need for an additional tool. This ladder can be folded to half its size and used as a 6 feet ladder when open. It is portable and ideal for both indoor and outdoor use. The ladder is made of solid material which can hold up to 100 kgs of weight. The ladder gained recognition during the 9th National Biennial Grassroots Innovation Awards 2017, held on March 4th, 2017, at Rashtrapati Bhavan, New Delhi.
Groundnut Thresher
Mr. Nileshbhai Dobariya
illage - Boriya, Ta - Jamkandorna, Rajkot, Gujarat.
Video Link: https://youtu.be/ gehzQZETg-0
Nileshbhai (35) is a practicing farmer, also involved in trading plastic items. Dobariya was born into a family of farmers. Though he began to work on a farm at a young age, he switched to trading plastic items to earn a living. He had a curious mind, constantly observing, experimenting, and finding solutions to simplify work processes. He has studied until standard X. However, the lack of education has not been a bar to his innovative abilities. He has to his credit the development of an automatic battery-operated floor-cleaning device, which is currently being used at the Swaminarayan temple in his village.
Farmers usually face scarcity of labor at the time of groundnut harvesting. The process requires manual work to use the conventional threshers and then collect the harvested/dug groundnut stalk. Any delay in the collection delays the drying process, leading to a loss of valuable crops. To overcome this problem, Nilesh and his friend Pankaj planned a device to move around the field and pick up the heaps of harvested and dried groundnut stalks.
They developed their prototype in 2015 and then set out to improve it. What resulted was a modified tractor-mounted PTO powered mobile automatic thresher, consisting of an endless chain for collecting pods and stalks, a threshing unit, a separation unit for groundnut pods and stalks, and a separate chamber to store groundnut pods and stalks. The device consumes 2 liters of diesel to cover 1 to 1.5 acres of land in 1 hour with a capacity to hold 600 kg of groundnut and 800 kg of the stalk. It has been successfully used for threshing groundnut with an efficiency of 90%. Its cost of operation is only Rs 280 to 300 per hectare and can also be used for harvesting soya bean and pigeon pea. The cost of the mobile groundnut thresher is Rs 500,000.
Nilesh was facilitated at the 15th FGI Awards for Excellence, 2018, where he received the Best innovative work award in the field of agriculture development. His innovation got financial support for marketing and prototype development under MVIF from GIAN and SIDBI.
Banana fiber for ropes
Mr. Murugesan
3/43 main road, Melakkrl Village, Vadipatti Taluka, Tamil Nadu Video Link: https://youtu.be/ OOQCWUNcP90
Mr. Murugesan is a school dropout who hails from the village of Melakkal in Madurai, Tamil Nadu. Family hardships and the need for sustainable development motivated him to identify means to put banana waste to use. He finally discovered a way to weave the waste into ropes that could be used to make waste bags and baskets. According to The Better India, an Indian digital media platform, Murugesan set up his own MS Ropes Production Center to create these products, an innovation that has won him many awards and accolades.
Murugesan came up with his idea of a rope when he witnessed thread made from the banana plant being used to weave flowers into a garland. Initially, the rope would simply split up. Also, there was no machine available that could split the banana fiber. He experimented with machines used to process coconut husk but with no success. In his native area, Murugesan says some machines are used to process coconut husk into ropes, and he first tried processing the banana fiber using the same technique but with no success.
He then thought of inventing his own machine. After many attempts, he developed a spinning machine using bicycle wheel rims and pulleys. He further invested Rs 1.5 lakh to improve the device and patent it. In 2017, Murugesan was finally able to develop an automated rope-making machine. The initial hand-wheel mechanism to make rope from the banana sheath would use five people per wheel for the process, with each wheel yielding only around 2,500 meters of rope. With the new machine, the production capacity rose to an average of 15,000 meters, utilizing one machine and four people in all. The company initially started with 10 people and now employs over 350, mostly women. The turnover is 1.5 crore annually.
Murugesan has received the PMEGP (Prime Minister’s Employment Generation Programme) Award from Khadi and Village Industries Commission under the Ministry of Micro, Small, and Medium Enterprises; National Farmer Scientist Award from Union Ministry for Agriculture; and Best Entrepreneur Award from Krishi Vigyan Kendra at Jabalpur.
Toilet-attached Cot
Mr. Saravana Muthu Tamil Nadu
Video Link: https://youtu.be/ wB6iR4pdYAc
Saravana Muthu (40) owns an engineering workshop. Son of a car mechanic, he started tinkering with car parts early in his life and later started repairing and modifying them. He now helps students in his area in machining and fabrication work related to their projects. His wife became temporarily bedridden after an operation and needed help to go to the toilet. This made her highly uncomfortable to the extent she would rather control than seek help, which further added to her woes.
This motivated Saravana Muthu to design a bed with an attached toilet pot, which she could use to relieve herself without assistance. He invented a remote-control toilet bed for his wife that won him the National Innovation Prize. His wife felt awkward about seeking help, a situation with which many bedridden people can identify. Saravana decided to make a bed that had an attached toilet and ease her life. He designed a cot fitted with a 12 V battery to operate two gear motors to move the attached toilet pot vertically and sideways. He also incorporated a remote-controlled flushing system, making it easy for the user to clean the pot after use. The innovation includes a flush tank, a closet, and a pipe connected to the septic tank. The patient can operate the toilet with the help of a remote. The buttons can be used to open the shutter and the closet, and as well as flush the toilet. His invention attracted the attention of a regional newspaper, enabling Saravana Muthu to receive his first order in 2015 from a man in Chennai whose mother had been bedridden for six years. Gradually, word spread, and Sarvana began receiving requests for the innovative bed.
His innovation is supported under MVIF by GIAN and SIDBI for prototype development and marketing. He received a trophy, a certificate, and Rs 2 lakh from President Ram Nath Kovind along with a reimbursement of Rs 35,000 he had used to make the prototype. He says, “I have two goals – make a fuel-free car and become a role model for my children.” Saravana Muthu has already started working on making an emission-less car and hopes to complete his project soon.
" |
|
|
| Volume No. |
Honey Bee, 32(1-2)16-19, 2021 |
|
|
| Sout |
|
|
|
| Call Number |
|
|
 
|
|
