Benefit Amount
Venture capital up to ₹50 lakhGrant
✓ Government Verified✓ Direct Bank Transfer
ℹAbout Small Farmers Agribusiness Consortium
The Small Farmers Agribusiness Consortium (SFAC) helps small and marginal farmers turn their agricultural dreams into profitable businesses. Under this scheme, eligible farmers can receive grants up to ₹50 lakh to start or expand agribusiness projects like processing units, export businesses, and modern farming ventures. Whether you want to introduce new farming technologies, improve crop productivity, or add value to your produce, this scheme provides the financial support you need. Simply prepare a detailed project report and business plan, and apply on the official SFAC website with your company registration and bank account details.
Ministry
Ministry of Agriculture
✓Who Is Eligible?
The Small Farmers Agribusiness Consortium scheme is open to small and marginal farmers across all of India. You must be aged between 21 and 65 years to apply for this scheme. There is no income limit restriction, meaning farmers with any income level can apply. The scheme welcomes applicants from all categories including General, OBC, SC, and ST categories. Both men and women farmers are eligible to apply and benefit from this scheme. Since it is an All India scheme, farmers from any state can participate in the program. The primary requirement is that you should be engaged in farming or agricultural activities and have a viable agribusiness idea or project. Whether you want to start a new agribusiness venture like a processing unit or export business, or expand an existing agricultural enterprise with modern technologies, you can apply. To be eligible, you must be prepared to submit a detailed project report and business plan along with your company registration and bank account details. Check the official SFAC website at https://sfacindia.com for any additional specific requirements or eligibility criteria that may apply to your particular type of agribusiness project.
Quick eligibility check:
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Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for Small Farmers Agribusiness Consortium
Step 1: Visit the official SFAC website at https://sfacindia.com to understand the scheme requirements and download the application form. Step 2: Prepare a detailed project report that explains your agribusiness idea, including how you plan to use the funds and expected returns. Step 3: Create a comprehensive business plan that outlines your business strategy, market analysis, and financial projections for your agricultural venture. Step 4: Register your business as a company and obtain the company registration certificate from the appropriate government authority. Step 5: Open a dedicated bank account for your business if you don't already have one, as you'll need to provide bank account details during application. Step 6: Gather all required documents including your company registration certificate, project report, business plan, and bank account information. Step 7: Submit your complete application on the SFAC website along with all supporting documents. The application will be reviewed by the consortium, and if approved, you can receive grants up to ₹50 lakh to start or expand your agribusiness project.
Visit Official Portal →📄Documents Required4 required
?Frequently Asked Questions
1What is the maximum grant amount I can receive under SFAC scheme?
Under the Small Farmers Agribusiness Consortium scheme, you can receive venture capital assistance up to ₹50 lakh as a grant to implement your agribusiness project. The exact amount depends on the viability and scale of your project proposal.
2What types of agribusiness projects are supported under SFAC?
SFAC supports various agribusiness ventures including agricultural processing units, export businesses, modern farming ventures with new technologies, value addition projects, and innovation-driven farming initiatives. Your project should aim to improve agricultural productivity and introduce new farming methods.
3What documents do I need to prepare for SFAC application?
You will need to submit: (1) Company Registration documents, (2) Detailed Project Report outlining your business plan and financial projections, (3) Bank Account details, and (4) A comprehensive Business Plan. Ensure all documents are clear and properly prepared before applying on the official SFAC website.
4Is there an age limit and income limit for applying to SFAC?
Yes, you must be between 21 to 65 years of age to be eligible. However, there is no maximum income limit specified for this scheme, making it accessible to farmers across various income brackets.
5Can SC/ST and OBC farmers apply for SFAC scheme?
Yes, absolutely. The SFAC scheme is open to farmers from all eligible categories including General, OBC, SC, and ST. There is no category-based restriction, and all eligible applicants regardless of their social category can apply.
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