Benefit Amount
Varies based on project cost; typically up to Rs.25 lakh as venture capital assistanceLoan
✓ Government Verified✓ Direct Bank Transfer
ℹAbout Venture Capital Assistance Scheme
The Venture Capital Assistance Scheme is designed to provide financial support to small farmers and agribusiness entrepreneurs for establishing and expanding agribusiness ventures. Under this scheme, the Small Farmers Agribusiness Consortium (SFAC) offers venture capital in the form of soft loans and grants to promote agricultural entrepreneurship and value-added agricultural activities. The scheme aims to bridge the gap between traditional farming and modern agribusiness, enabling farmers to diversify income sources and improve profitability. Beneficiaries can access capital for setting up food processing units, cold chains, organic farming operations, agricultural exports, and other agribusiness enterprises. The scheme supports both individual entrepreneurs and farmer producer organizations, making it accessible to a broad range of agricultural professionals seeking to transition into commercial agribusiness.
Ministry
Ministry of Agriculture & Farmers Welfare
✓Who Is Eligible?
The Venture Capital Assistance Scheme is open to a wide range of agricultural professionals across India. You must be at least 18 years old to apply. The scheme welcomes farmers, self-employed individuals, and agribusiness entrepreneurs who want to start or grow their agricultural business. There are no specific income restrictions mentioned, making it accessible to entrepreneurs from various economic backgrounds. The scheme does not have caste or gender-based restrictions, so anyone meeting the basic requirements can apply regardless of their category. You must have a viable and well-planned business project related to agribusiness, such as food processing, cold chains, organic farming, or agricultural exports. The scheme supports both individual entrepreneurs working alone and farmer producer organizations (groups of farmers working together). Geographic location is not a limitation as this is an all-India scheme available in every state. Whether you are a small farmer looking to add value to your produce or a larger entrepreneur establishing an agribusiness unit, you can apply. Your business plan should show clear profit potential and explain how the venture capital will help your agricultural enterprise grow. For exact eligibility requirements and any specific criteria for your state or district, check the official SFAC website at sfacindia.com.
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Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for Venture Capital Assistance Scheme
Follow these simple steps to apply for the Venture Capital Assistance Scheme through the Small Farmers Agribusiness Consortium (SFAC). First, visit the official website at sfacindia.com to understand the scheme details and download the application form. Second, prepare all required documents including your Aadhaar Card, PAN Card, bank account details, educational qualification certificate, and a detailed business plan or project report for your agribusiness venture. Third, gather additional documents such as land ownership papers or lease agreement, passport-size photographs, income certificate, and caste certificate if applicable. Fourth, fill out the application form carefully with all your personal and business information, ensuring that your business plan clearly shows how the venture capital will be used. Fifth, submit your completed application along with all supporting documents through the SFAC portal or to the nearest SFAC office. Sixth, wait for verification of your documents and business plan by the SFAC team. Finally, once approved, you will receive the venture capital assistance as soft loans or grants based on your project cost. Make sure your business plan is realistic and demonstrates how your agribusiness venture will be profitable.
Visit Official Portal →📄Documents Required9 required
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Educational Qualification Certificate📋
Business Plan/Project Report📋
Land ownership documents or lease agreement📋
Passport size photographs📋
Cast certificate (if applicable)?Frequently Asked Questions
1Who is eligible to apply for the Venture Capital Assistance Scheme?
Any farmer, agribusiness entrepreneur, or self-employed individual aged 18 years or above with a viable agribusiness project can apply. Farmer Producer Organizations (FPOs) and cooperatives are also eligible. Applicants should have basic business acumen and be willing to undertake training if required.
2What is the maximum loan amount available under this scheme?
The venture capital assistance typically ranges up to Rs.25 lakh depending on the project cost and feasibility. The actual amount is determined based on the detailed project report submitted by the applicant and the viability assessment conducted by SFAC.
3What types of agribusiness projects are covered?
Eligible projects include food processing units, cold storage and chain facilities, organic farming operations, agricultural export units, agro-tourism, dairy farming, mushroom cultivation, spice processing, and other value-added agricultural activities that have market potential and sustainability.
4How do I apply for this scheme?
Applicants need to visit the SFAC website or contact their nearest SFAC office with required documents and a detailed business plan. An application form must be filled with project details, financial projections, and personal information. SFAC will assess the project and provide financial assistance if approved.
5Is there any repayment obligation for the assistance received?
Yes, the venture capital assistance is primarily provided as a soft loan with concessional interest rates and flexible repayment terms. Some portion may be available as non-repayable grant depending on project category and applicant profile. Repayment schedule is determined after project approval.
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