Rs 50 lakh grant awarded to PABI startup

Sahifab, a startup incubated at Punjab Agricultural University’s Punjab Agri Business Incubator (PABI), has successfully secured Rs 50,00,000 grant under the Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) scheme. The funding has been awarded by the National Technical Textile Mission (NTTM) under the Ministry of Textiles, to support their project on ‘development and commercialisation of industrial hemp pultrusion cord and composites’.

Namrata Sahi, the founder of Sahifab, received the honor from the Ministry on September 6 for the project that was highly praised for its potential to revolutionise the technical textiles space, particularly in the use of industrial hemp for sustainable and durable composite materials.

Dr Satbir Singh Gosal, vice-chancellor; Dr Makhan Singh Bhullar, Director of Extension Education; Dr TS Riar, Principal Investigator of PABI, and Dr Poonam Sachdev, Co-PI of PABI, congratulated Sahifab for the achievement.

Dr Gosal said, “Sahifab’s accomplishment is a direct reflection of the robust support system and environment at PABI, fostering growth and excellence for agri-based startups.”