FSSAI Launches Network for fine-tuning India’s Food Start up Ecosystem

Sep 17, 2018 | by Avantis RegTech Legal Research Team

To support the realization of this massive potential through government policy and regulatory assistance, the Food Safety and Standards Authority of India (FSSAI) on September 14, 2018, has launched the ‘Food Innovators Network’ (FINE) programme.

In conjunction with the Government’s initiative on ‘Start-Up India’ and ‘Digital India’, FSSAI through FINE aims to bring together innovators and start-up entrepreneurs to provide innovative solutions and transform the country’s food safety and nutrition landscape. FSSAI through the medium of FINE will engage with entrepreneurs working to address challenges in areas such as affordable and accessible food testing, ensuring availability of healthy food, educating consumers towards nutritious choices and reducing food waste. It will mentor these start-ups to effectively provide innovative new age solutions to tackle these challenges through the best of innovation, technologies and business models. Start-ups working in the said areas can apply to be a part of the FINE network by visiting the microsite created at www.fssai.gov.in/fine. The deadline to apply is October 15, 2018.

As a part of FINE, to support budding entrepreneurs, the regulator is setting up a FSSAI Buddy System wherein every start-up in the network will be assigned a buddy from the regulatory body. The buddies will aid the start-ups navigate their way through the regulatory space and thus enable ease of doing business.

At the launch of the Food Innovators Network, FSSAI also announced the “Eat Right Food Innovation Awards” which would be presented to selected start-ups transforming the food and nutrition landscape of the country in December this year.

The FINE initiative by FSSAI is a reaffirmation that a robust regulatory environment can enable a favorable macro-economic environment to nurture the growth and development of food-based startups and hence the overall economy of the country.

URL: https://fssai.gov.in/dam/jcr:3816bd07-219b-47a4-a870-8b26af7d06fd/Press_Release_FINE_14_09_2018.pdf


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