Agri-Entrepreneurship Component of RKVY

Rashtriya Krishi Vikas Yojana (RKVY) is an on-going centrally sponsored scheme started from XI Five Year Plan period.
The scheme will incentivize States in enhancing more allocation to Agriculture to achieve 4% growth rate.
Ministry of Agriculture is funding start-ups under the innovation and agri-preneurship component of RKVY in 2020-21.
These start-ups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanisation, waste to wealth, dairy, fisheries etc.
The following are the components of this scheme:
Agripreneurship Orientation - 2 months duration with a monthly stipend of Rs. 10,000/- per month. Mentorship is provided on financial, technical, IP issues etc.
Seed Stage Funding of R-ABI Incubatees – Funding up to Rs. 25 lakhs (85% grant & 15% contribution from the incubatee).
Idea/Pre-Seed Stage Funding of Agripreneurs – Funding up to Rs. 5 lakhs (90% grant and 10% contribution from the incubatee).