MAHAMANA

RKVY-RAFTAAR SCHEME

Ministry of Agriculture & Farmers’ Welfare, Government of India sanctioned to establish a RKVY – RAFTAAR Agri Business Incubator (R-ABI) at Indian Institute of Technology (BHU) Varanasi.

TRAINING

Technology/ service/ business platform-based ideas will be provided a stipend for two months for training cum internship

Selected RKVY-RAFTAAR interns after successful completion of training cum internship will be provided idea/pre-seed stage seed money as 90 percent grant up to a maximum of Rs. 5 lakhs through R-ABIs to convert their idea/proof of concept into prototype/ product

INCUBATION

Incubation Facility after selection by R-ABI Incubation Committee

Gallery

Visit at Incubator

Workshop With Students

Workshop with Farmers

Application Focus Areas and T&C

Agri-Biotech; Agriculture/ Horticulture/Natural Resource Management; Sustainable Agriculture/Organic farming; Animal Husbandry, Dairying, Fishery; Agri-Input tools and technologies, Micro Irrigation, Farm Mechanisation and Agri Engineering, Precision Farming; Harvesting and Post-Harvest Processing; Food Processing; Supply Chain Management, Farm Retailing; Agri Extension Education; Internet of Things (IoT), ICT and Artificial Intelligence in Agriculture; Waste to Wealth, Secondary Agriculture; Agri Clinics & Farm Health services, etc.

Not more than 5 years must have elapsed since incorporation

All business startup in India that have been incorporated in the past five years from the effective date of policy will be eligible under this scheme. Simply, all businesses incorporated or registered after February 15, 2011 are eligible to participate in this government startup scheme.

Annual turnover of the start-up is not more Rs. 25 crores

To be eligible startup under this scheme, it must not have an annual turnover of more than Rs. 25 crores in any of the past 5 years since its incorporation.

The business must be involved in a new product or service

Only start-ups developing a new product or service or process are eligible under this scheme.

The start-up must not be a product of restructuring.

The start-up should not be formed out of splitting or reconstructing of a subsisting business. A business formed out of splitting an organisation into two or more other businesses, then it won’t be eligible under this scheme.

upto 5 Lakhs

PRE-SEED SUPPORT

upto 25 Lakhs

INCUBATION & SEED STAGE

The Scaling Up

products/services LAUNCH

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Jun 20190 Comments