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Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL)

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Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL)

 Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL)

 

The Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL) was incorporated on 01.03.1996 to bring enterprise into agriculture as envisaged in the State Agriculture Policy 1996. It started functioning on 01-06-1996 with the sole objective of promoting agro-based industries/food processing industries including commercial agriculture/horticulture/animal husbandry/fisheries, in broad terms to promote investment in Agriculture and allied sectors.

 The Agricultural Promotion and Investment Corporation of Odisha Limited(APICOL), a Government of Odisha undertaking, coming up as a promotional organisation for assisting agricultural enterprises in the state of Odisha. APICOL would promote enterprises in agriculture within the state with suitable guidance for project formulation, counselling, enterprise development and assistance in project implementation.

 The Corporation is also acting as a virtual office of Agriculture and Processed Food Products Export Development Authority (APEDA) for the state of Odisha and Nodal Office of Small Farmers Agri-Business Consortium (SFAC). The Corporation is also disbursing subsidies under various schemes of State Agriculture Policy.