Swayambhu Biologics, a graduate incubatee of ICRISAT’s Agri-Business Incubation (ABI) Program was adjudged the winner of the Social Enterprise Award 2014 under the Agriculture, Food and Livelihoods category at the Sankalp Unconvention Summit 2014, held on 9-11 April in Mumbai, India.
Swayambhu Biologics was recognized for its path-breaking, proprietary compost technology on Accelerated Rapid Biological Intervention Technology (ARBIT), the first of its kind in the world. This technology composts press-mud in 14 days as against the existing 90-120 days, which is then ready for conversion as Phosphate Rich Organic Manure (PROM). ICRISAT-ABI has been working with Swayambhu Biologics for the past two years in the commercialization of their proprietary ARBIT technology.
The Sankalp Unconvention Summit is one of the largest conferences that focus on identifying and promoting social enterprises in Asia. ICRISAT-ABI has been a regular participant of this Summit, identifying potential innovators and investors for incubator activities.
Dr R Balaji, Managing Director of Swayambhu Biologics received the award while Mr Suneel Vemu represented ICRISAT-ABI at the event.