The RKVY RAFTAAR (Rashtriya Krishi Vikas Yojana - Remunerative Approaches for Agriculture and Allied Sector Rejuvenation) scheme is a flagship initiative designed to foster agri-entrepreneurship and support the commercialization of cutting-edge agricultural technologies.
For founders looking at how to raise funds for a startup in India, the program provides essential financial assistance, mentorship, and networking opportunities for Agri-Startups at different growth stages.
Whether you're an agri-innovator with an idea-stage prototype or a seed-stage startup ready for full-scale commercialization, RKVY RAFTAAR could be the high-impact growth accelerator your agri-business needs.
In this comprehensive guide, we will explore:
- What the RKVY RAFTAAR Scheme is
- Comprehensive RKVY RAFTAAR eligibility criteria
- Specific focus areas and RKVY RAFTAAR details
- Funding benefits and non-dilutive grant options
- Documents required for RKVY RAFTAAR application
- Step-by-step guide to applying successfully
What is the RKVY RAFTAAR Scheme?
The RKVY RAFTAAR Scheme aims to support innovative agri-entrepreneurs and startups that are focused on addressing critical challenges in the agriculture and rural development sectors.
Unlike a without security business loan, which requires repayment, this initiative provides non-refundable grant funding at various stages of startup development.
The program offers:
Idea Stage (Agri-Preneurship Orientation)
Up to ₹5 Lakh to develop prototypes.
Seed Stage (Agri-Business Incubation)
Up to ₹25 Lakh for commercializing products and setting up a business venture.
This initiative is led by the Ministry of Agriculture and Farmers Welfare (MoA&FW) in collaboration with several Knowledge Partners (KPs) and R-ABIs (RKVY-RAFTAAR Business Incubators) across India.
It functions similarly to tech-focused programs like MeitY Genesis EIR 2, but with a dedicated focus on the agrarian economy.
Key Features of the RKVY RAFTAAR Scheme:
- •Grant Support: Up to ₹5 Lakh for the Idea stage and ₹25 Lakh for the Seed stage.
- •Focus on Allied Sectors: Covers hardware and software solutions in dairy, poultry, and more.
- •Milestone-based Funding: Ensures capital is used efficiently for product development.
- •Mentorship: Support for growth strategy and market entry.
Are you an agri-entrepreneur with a technology-driven startup?
Apply for RKVY RAFTAAR today and access up to ₹25 Lakh in grants to grow your agri-business!
Eligibility Criteria for RKVY RAFTAAR
To be successful, applicants must ensure they meet the specific RKVY RAFTAAR eligibility requirements. The scheme is competitive and prioritizes startups that have moved beyond mere concepts.
Prototype Requirement
Startups must have at least a Minimum Viable Product (MVP) or a working prototype.
Focus Areas
Must work in agriculture or allied sectors (Animal Husbandry, Food Processing, etc.).
Business Stage
Idea-stage innovators or Seed-stage startups with proven concepts.
Commitment
Founders must show technical capability and readiness for commercialization.
Focus Areas of the RKVY RAFTAAR Scheme
The RKVY RAFTAAR details indicate a broad sector-agnostic approach within the agriculture domain. Some of the most funded focus areas include:
Agri Inputs
Innovations in seeds, fertilizers, and biological pesticides.
Animal Husbandry & Dairying
Improving livestock management, similar to projects under the AHIDF Scheme.
Post-harvest & Food Technology
Innovations in food storage, cold chains, and agri-business grants related technologies.
Precision Farming
Using IoT, drones, and AI for data-driven farming.
Waste to Wealth
Converting agricultural waste into valuable manure or bio-fuel.
Farm Mechanization
Small-scale automation and smart tools for farmers.
Supply Chain & Logistics
Improving the MSME growth by connecting farmers directly to markets.
Benefits of the RKVY RAFTAAR Scheme
The RKVY RAFTAAR Scheme offers several financial and non-financial benefits to help startups scale:
Grant Support
Up to ₹5 Lakh for Idea Stage and up to ₹25 Lakh for Seed Stage startups.
Milestone-linked Funding
Funding is provided based on milestones and progress made by the startup.
Mentorship & Training
Access to business mentors, industry experts, and workshops to refine your product and market strategy.
Networking Opportunities
Connections with investors, industry partners, and entrepreneurs.
Market Access & Visibility
Demo Days and exposure to key players in the agri-tech and entrepreneurial ecosystem.
Want seed funding, mentorship, and networking to scale your agri-tech startup?
Apply for RKVY RAFTAAR today and receive ₹25 Lakh in grant funding!
Documents Required for the RKVY RAFTAAR Scheme Application
Preparing your file correctly is essential. Here are the mandatory Documents required for RKVY RAFTAAR submission:
DPIIT Recognition
Verify your startup's status on the Startup India portal.
Pitch Deck
A comprehensive deck explaining the technology, TRL level, and market potential.
Technology Readiness Level (TRL) Proof
Prototype photos, demo videos, or test reports.
Founders' CVs
Highlighting experience in the agri-domain.
Get your documents ready and apply for RKVY RAFTAAR today
Receive up to ₹25 Lakh in funding and mentorship!
How to Apply for the RKVY RAFTAAR Scheme
The application process for the RKVY RAFTAAR Scheme involves the following steps:
Step 1: Prepare Documents
Step 2: Submit Application
Step 3: Evaluation Process
Step 4: Interview & Selection
Step 5: Funding & Support
Is There a Deadline for Applying to the RKVY RAFTAAR Scheme?
Applications for the RKVY RAFTAAR Scheme are often accepted on a cohort basis (Rolling or Fixed).
It is advisable to keep an eye on portals like SINE IIT Bombay or various Agriculture Universities. For more information on how these government grants work, you can consult our advisory team.
Make sure you don't miss the deadline for the RKVY RAFTAAR Scheme
Submit your application and get funding for your agri-tech venture today!
FAQs: RKVY RAFTAAR Scheme
What is the RKVY RAFTAAR Scheme?
It is a central government initiative to support agri-startups with non-dilutive grants ranging from ₹5 Lakh (Idea stage) to ₹25 Lakh (Seed stage).
How much funding is available under RKVY RAFTAAR?
Seed-stage startups can receive up to ₹25 Lakhs, while idea-stage innovators can receive up to ₹5 Lakhs for prototyping.
Who is eligible to apply for the RKVY RAFTAAR Scheme?
DPIIT-recognized startups or sole proprietors with a minimum viable product (MVP) in agriculture, food processing, or related sectors can apply. Please check the RKVY RAFTAAR eligibility section for more details.
What are the Documents required for RKVY RAFTAAR?
Essential documents include a pitch deck, business plan, founder CVs, TRL evidence, and company incorporation papers.
Can I apply for RKVY RAFTAAR if I already have an unsecured loan?
Yes, having a without security business loan does not disqualify you from receiving a government grant.
Conclusion: Why Apply for the RKVY RAFTAAR Scheme?
The RKVY RAFTAAR program offers an incredible opportunity for agri-startups to get the financial backing, mentorship, and networking they need to succeed. With up to ₹25 Lakh in funding and access to the national incubation ecosystem, this program is ideal for early-stage startups working on innovative solutions in agriculture and technology.
Whether you are looking for grants for ventures or industry-specific support, the RKVY RAFTAAR Scheme provides the resources necessary to turn your vision into reality. To learn more about our successful track record, read the truth about Enego services.
Ready to transform your agri-tech startup with RKVY RAFTAAR funding?
Get expert guidance from our consultants and secure up to ₹25 Lakh in grants!