RKVY-RAFTAAR Startup Agri-Business Incubation Scheme — Frequently Asked Questions

The scheme provides grants of up to ₹25 lakh (₹25L). The actual amount depends on the startup's stage and needs, as assessed by the R-ABI.

The scheme does not specify a fixed deadline. Applications are accepted on an ongoing basis through the R-ABIs, but interested startups should check with their chosen incubator for any intake cycles.

Any DPIIT-recognised Indian startup that has been incubated at a recognised RKVY-RAFTAAR Agri-Business Incubator (R-ABI) for at least 2 months is eligible. The startup must be working in agriculture or allied sectors and cannot be a subsidiary of a foreign company.

Yes, the startup must be recognised by DPIIT (Department for Promotion of Industry and Internal Trade) to apply.

No, the funding is a grant, which means it does not require equity or repayment. It is non-dilutive.

The specific documents are determined by the R-ABI, but generally include DPIIT recognition certificate, proof of incubation, business plan, and financial projections. Contact your incubator for the exact list.

You cannot apply directly. First, get incubated at a recognised R-ABI. After completing 2 months as an incubatee, apply for seed funding through that incubator. The R-ABI will guide you through the process.

The scheme does not specify state restrictions, so startups from any Indian state can apply, provided they are incubated at an R-ABI.

No, the scheme explicitly states that startups must not be a subsidiary of a foreign company.

The scheme covers agriculture and allied sectors, including but not limited to farming, horticulture, animal husbandry, fisheries, and food processing, as long as the startup is working within the agricultural value chain.

RKVY-RAFTAAR Startup Agri-Business Incubation Scheme is offered by Ministry of Agriculture & Farmers Welfare, a government body. It is provided as non-dilutive funding.