SIIC IIT Kanpur
Academic
Closed

RKVY-RAFTAAR Agritech Startup Scheme — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about RKVY-RAFTAAR Agritech Startup Scheme — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

How much funding does the RKVY-RAFTAAR scheme offer?

Pre-seed startups can receive up to ₹5 lakhs, and seed-stage startups can receive up to ₹25 lakhs, disbursed based on achievement of milestones.

What is the application deadline?

The deadline for applications is 20 March 2026.

Which startups are eligible to apply?

Only Indian private limited companies operating in agriculture and allied sectors such as farm technologies, agri-biotech, AI in agriculture, farm mechanization, and related areas are eligible. Pre-seed startups need a proof of concept; seed-stage startups need a functional prototype with market validation.

Is DPIIT or MSME registration required?

The eligibility criteria do not mention DPIIT or MSME registration as a requirement.

Does the scheme take equity?

No, the funding is a grant and does not involve equity. However, startups must be private limited companies.

What documents are typically needed?

Applicants must submit proof of concept (for pre-seed) or functional prototype and pilot studies (for seed), along with incorporation documents and evidence of original technology ownership or license.

How do I apply?

Applications are submitted online via the SIIC IIT Kanpur program portal: https://program.siicincubator.com/programs/apply/adv5415/rkvy-raftaar-scheme.

Can startups from any state apply?

Yes, the scheme is open to startups incorporated and based anywhere in India.

What is the selection process?

The selection process details are not specified in the provided information. Applications are likely evaluated based on the quality of the idea, stage of development, and potential impact.

Is there any stipend or additional support?

Yes, startups that physically attend the one-month Agripreneurship Orientation Program receive a stipend of ₹10,000 per month.

Who offers RKVY-RAFTAAR Agritech Startup Scheme?

RKVY-RAFTAAR Agritech Startup Scheme is offered by SIIC IIT Kanpur, an academic institution. It is provided as non-dilutive funding.

← Back to RKVY-RAFTAAR Agritech Startup Scheme overview