Venture Capital Assistance Scheme (VCA) for Small Farmers
• VCA: It is an interest free loan provided by SFAC, always in conjunction with a bank loan, for setting up of agribusiness projects (including Dairy and Poultry) upto a project cost of Rs. 500 lakh
• VCA Amount: 40% of promoter’s equity or Rs. 50.00 lakh whichever is lower in NER/Hilly States (26% of promoter’s capital in rest of the country).
• Minimum project size: Rs. 15.00 lakhs (Rs. 10.00 lakhs in NE and backward districts)
• Tenure: Same as that of Term Loan sanctioned by bank/FI
• Individual entrepreneurs, coops, FPOs, SHGs, companies etc. all eligible to apply
• Assistance to prepare DPRs through empanelled consultants of SFAC/State SFACs
Click Here for the brochure
Click Here for the presentation
Click Here for their website for more details
Enterprisers.in 