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Raiffeisen Bank Aval and Agrohub platform launched a number of regional practitioners of “Innovations in Ukrainian Agro”
On June 13, 2019, a workshop «Innovations in the Ukrainian Agro» took place in Poltava and on June 19, 2019, and on June 19, 2019 — in Cherkassy. Poltava and Cherkassy became the first regions to host agro-workshops organized by Raiffeisen Bank Aval and Agrohub. The materials presented at the workshop were adapted to the territorial characteristics of the participants and to the agrarian economy with a medium-sized land bank.
Companies need to invest human and financial capital in new directions in order to succeed and to increase their efficiency. Besides classical banking products, Raiffeisen Bank Aval pays great attention to non-financial services for the agro-sector with the help of leading industry experts. Our partnership with Agrohub is just a confirmation that we provide our clients with access to quality information in the field of innovation, moreover, participants have the opportunity to get acquainted with the demo zone, where Ukrainian startups offer their innovative solutions that can be useful
The workshop showed the structure of improving the efficiency of agri-business through technology, to draw attention to what is the solution that analysts consider expedient now and in the long run. I noticed two latest technologies as land bank management and differentiated fertilization. In order to successfully implement innovation, in my opinion, there is a need for closer communication of farmers and developers, as it happened at the workshop
Farmers also learned about innovations from Frendt, QRSmarty, SkokAgro, Taranis, Farmet a.s. and Ahroremservisprylad. Sergiy Skok, director of SkokAgro, spoke about optimizing the costs of soil analysis. To do this, he showed how data manipulation occurs when conducting chemical tests. Vitali Schuberansky, founder and director of Frendt, has demonstrated ways to use data in a single system to improve plant crop efficiency. Oleg Prykhodko, coordinator of the company Farmet a.s. in Ukraine and Moldova, offered a different look at the techniques for soil tillage and fertilization. He showed technological solutions, such as complex liquid fertilizers or a combination of several operations in one pass of the unit along the field. Oleksandr Horpinchenko, Technical Director of Ahroremservisprylad, supported this approach. He showed how the overall cost system, broken up into position, would help farmers “see” fuel costs. Indeed, these daily purchases are often deprived of particular attention, although they account for 10-15% of the total cost of the project.
Innovation is an evolution and a path to development, and in business you either develop or stay behind, losing a competitive advantage. There are no priority innovations. Everything that can deliver result is important. There are projects with different term of investments return and different complexity of implementation. It is also important to inform the employees of the company about the value of innovation and the need to achieve results. It is important that everyone understands what he or she can do, and also that a company’s efforts are aimed at maximizing productivity of each employee, each unit of equipment and every square meter of field. Innovations, new technologies are a “tool” to achieve the result. In the hands of a professional, this tool can provide an increase in profit of $5, $10, $50 and more from hectar.
Farmers are aware that technologies increase their efficiency. However, with changing resources, business is always looking for a return on investment. Going out to talk with farmers, we set the task of giving them those technologies that invest quickly and show which developments can be implemented in the future. In addition, of course, get feedback. From the correct assessment of the situation and the formation of expectations — both farmers and technology developers — the whole result depends
The material for the workshops was collected in 2018 as part of the research project «National Innovation Agenda» by the Agrohub platform supported by Raiffeisen Bank Aval. The survey is based on 150 interviews with management and specialists from 20 leading agribusinesses with a land bank of 5 to 500 000 hectares. As a result, more than 50 examples of agrarian innovations and 135 technological solutions available to Ukrainian farmers were collected. The Maturity Matrix method was also developed, reflecting the evolutionary process of innovation development in farming companies.
Participation in the workshops was free for clients of Raiffeisen Bank Aval.
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