Seed Stage Funding (SSF) of RKVY-RAFTAAR scheme provides Grant in aid to Startups. Under this scheme financial assistance of maximum upto Rs. 25 lakhs will be granted to potential startups that have a Minimum Viable Product (MVP) based on innovative solutions/processes/products/services/business model in agriculture and allied sectors. The applicant incubatees would be provided funds as per their genuine requirements and as per appraisal/evaluation of their business plan by the RKVY-RAFTAAR Selection & Monitoring Committee (RC) and the decision of the RC in this regard will be final. The RC will not be bound to give any reason in case an application is rejected.
This support will assist the incubatees to launch their products/services/business platforms etc into the market and help them to the scale-up their operations as well as to attain business viability at faster pace. This support will also facilitate them to attract investments from angel/venture capitalists or taking loan from commercial bank, financial institutions for further scaling up of their business operations.
With respect to above, a call for application is invited from eligible startups having an innovative ideas in technological solutions/processes/products/services/business platforms etc. and want to start an agri-business venture for Seed Stage Funding as Grant in aid to startups under RKVY-RAFTAAR scheme at CIRCOT-R-ABI, Mumbai.
2 months / 60 hours
Dr. Ashok Kumar Bharimalla
Principal Investigator – CEO
ICAR-CIRCOT, Adenwala Road,
Matunga (East), Mumbai, Maharashtra – 400019
Phone No.: 022 2414 3718; 09702878249
12th October 2020