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Suriname Sustainable Agribusiness Incubator Strengthening Entrepreneurs, Supporting innovation in agro-processing . ADD NICE PICTURES OF AGRICULTURAL PROCESSING !. DESCRIPTION OF THE INITIATIVE. Establish an agribusiness incubator to support innovation and entrepreneurship
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Suriname Sustainable Agribusiness Incubator Strengthening Entrepreneurs, Supporting innovation in agro-processing ADD NICE PICTURES OF AGRICULTURAL PROCESSING!
DESCRIPTION OF THE INITIATIVE • Establish an agribusiness incubator to support innovation and entrepreneurship • Strengthening of entrepreneurs in the SME sector • Business plan support • Provides access to production space with industrial equipment for entrepreneurs • Supporting services for research, development and innovation • Extra capacity to complete specific orders • Provides technical supervision from a technical team • Structured production environment • Stimulation for establishment of business
STRATEGIC IMPORTANCE • Although Suriname’s natural environment and climate, and canal/irrigation system offers strong comparative advantages for agriculture, production and exports remain low. AGRICULTURE - CURRENT PERFORMANCE • 16.4 million hectares or 10% of Suriname’s total land areahas agricultural potential, of which 85 percentis located in the coastal plains. Only XX % of • Agricultural production systems include annual crops (rice andvegetables) and some perennials—the main ones being banana, plantain, and citrus.
STRATEGIC IMPORTANCE VegetablesCURRENT PERFORMANCE • Primarily serves domestic markets with few exports (however this is intended to change) • Annuallyapproximately 13,000 -15,000 tones of vegetables produced. • Currently, approximately 740 hectares (compared to over 1,000 hectares in 2006) are used for vegetables‘ productionwhich is composed primarilyof smallfamily farms. • In 2010 there were approximately 4,000 farmers producing fruit, tubers and bulbs and vegetable grows. • Additional goals are to increase the amount of inland vegetable growth. 2010
CassavaCURRENT PERFORMANCE • Approximately 170-200 hectares of land wereused for cassavaproduction in the period 2005-2010 which is mainly done withinsmallfamily farms.Most cassava is harvested by hand. • Annuallyapproximately 4,000 tones of cassava are produced. In 2010, the highest quantities were harvested. • Cassava is gaining from improved image among Suriname consumers. 2010
STRATEGIC IMPORTANCE • An agribusiness incubator will support the development of key agribusiness value chains to be developed to dramatically increase agricultural production, processing and exports • Improvement agro processing • Supporting strategic business development • Stimulating primary agriculture by creating demand and uses of spill over • Strengthening of communities active in the agro processing • Enhance competetiveness entrepreneurs • Standardization of agro processing • Support in market research • Provide administrative support • Provide PR
Suriname Sustainable Agribusiness Incubator
MARKETS • Short term: Expansion of existing vegetable exports (primarily to Holland) and Local markets in districts with largest population • Mid term & long : Export markets - Suriname Diaspora markets (Holland, US) & tourism markets in the Caribbean, opportunities for organic foods EXPORT MARKET GROWTH POTENTIAL • OPPORTUNITIES IN INTERNATIONAL ORGANIC GOODS MARKET – TRENDS: • Consumer demand for organically produced goods in U.S. has shown double-digit growth for well over a decade. • Organic price premiums continue to remain high in many markets as the demand for organic products expands.
ACTIONSTO CARRY OUTSTEP-BY-STEP PLAN(WHAT, WHO, WHEN) 1 2 3 4 5 6
ACTIONSTO CARRY OUTSTEP-BY-STEP PLAN(WHAT, WHO, WHEN) 1 2 3 4 5 6
ACTIONSTO CARRY OUTSTEP-BY-STEP PLAN(WHAT, WHO, WHEN) 9 10 11 12 13 14 15
PRODUCTS/ RESULTSMEASURES OF SUCCESS(Implementation of XX, by what date) • Initial Cassava Incubator Set-up, Training provided to 100 women • Date: November 2013 • 20 most entrepreneurial women coached for running cassava businesses • Date: November 2014 • Sweet cassava processed and marketed by packing house • Date: , 2012 • Start implementing Incubator (initial group of incubatees) • Date: July 1, 2013
LEADERSHIP • INFLUENCE LEADER(s) (“Trekker”) • Sherida • Wilma • Cindy B. • Diana, Patrick, Ricardo… • TECHNICAL LEADER(s) • Maria … • Robert Kross • Ceder • INTIATIVE ACTION TEAM • Rolina R