- Individuals with Degree / Diploma / ITI / Vocational training from Recognized institutions
- Preference will be given for the Agricultural graduates.
New agri entrepreneurship
The scheme aims to promote agri entrepreneurship in food and agri allied sector by developing their business skill set through entrepreneurship training and providing financial linkage to the individuals.
The total project cost shall be the maximum of Rs.5.00 lakhs. Capital subsidy will 40% of project cost not exceeding maximum of Rs.2.00 lakhs. Promoter’s contribution is 20% of the project cost.
Eligibility:
- Financial aid to New Agri Entrepreneurs up to Rs. 5 lakhs
- Sensitization and Business skill set training
- Handholding support on Business plan preparation
- Financial linkage
- Subsidy of 40% or up to 2 lakhs.
Key takeaways for New entrepreneurs:
Links:
- Existing Agri entrepreneurs for expansion and diversification in value addition, food processing of agricultural commodities and other agri related activities
- Individuals with Degree/ Diploma/ ITI / Vocational training from Recognized institutions
- Preference will be given for the Agricultural graduates
- Minimum two years of business operations with valid proof
Existing agri entrepreneurship
The scheme aims to provide business support for existing agri entrepreneurs to undertake value addition activities in food and agri allied sector by providing financial linkage and back-ended subsidy to them.
The total project cost shall be the maximum of Rs.10.00 lakhs. Capital subsidy will 50% of project cost not exceeding maximum of Rs.5.00 lakhs. Promoter’s contribution is 25% of the project cost.
Eligibility:
- Financial aid to Existing Agri Entrepreneurs up to Rs. 10 lakhs
- Sensitization about business expansion
- Handholding support on Business plan preparation
- Financial linkage
- Subsidy of 50% or up to 5 lakhs.
Key takeaways for existing entrepreneurs:
Links:
• Department of Agricultural Marketing & Agri Business, TamilNadu has conducted the Pre-consultative meeting in co-ordination of Agri-business Promotion Facility for Agri- Entrepreneurship in the presence of Director of Agricultural Marketing & Agri Business at Hablis Hotel, Guindy on 20thOctober 2022. This meeting brought
• Facilitation workshops are conducted across the state for individuals to sensitize about the scheme and potential business opportunities in the sub-basin and district. As of June 2023, 15 facilitation workshops have been successfully conducted reaching around 750 individuals from the farming community.
• Two days agribusiness trainings are conducted in selected Agri-business Incubators through Technology Business Incubator, Tamil Nadu Agricultural University, Coimbatore. As of June 2023, 11 trainings have been successfully conducted to provide hands-on trainings and in-class session on agribusiness management and operations for 225 applicants of the agri-entrepreneurship.
