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RKVY-RAFTAAR – Agribusiness Incubation Program

The RKVY-RAFTAAR Agribusiness Incubation Program was launched in 2018-19 under the Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation by the Ministry of Agriculture & Farmers’ Welfare, Government of India.


The program aims to promote innovation and entrepreneurship in agriculture and allied sectors by providing startups with financial assistance, mentorship, and incubation support. It focuses on nurturing agri-entrepreneurs working in areas like Agri-Tech, post-harvest management, organic farming, supply chain innovations, and rural agri-businesses.


Startup image

As of 2024, the program has supported over 1,700 agri-startups across India, with a cumulative funding of approximately ₹122.5 crore, through a network of 5 Knowledge Partners and 24 Agribusiness Incubators.


Through this initiative, RKVY-RAFTAAR continues to strengthen the agri-startup ecosystem, drive rural innovation, and enhance the sustainability and profitability of Indian agriculture.

 



Funding Overview – RKVY-RAFTAAR Agribusiness Incubation Program



Government Funding Commitment


The RKVY-RAFTAAR Agribusiness Incubation Program, launched in 2018-19, has received strong financial backing from the Ministry of Agriculture & Farmers’ Welfare to promote agri-entrepreneurship and innovation across India. Over the years, significant funds have been allocated and disbursed to support startups through various stages of their business journey.

 

Total Funding Pool for 2023-24

  • Total Allocated Budget (2023-24): ₹106.05 crore

  • Funds Released (2023-24): ₹45.15 crore

The funds are used to support agribusiness startups, strengthen incubation centres, and promote rural entrepreneurship across India through 5 Knowledge Partners (KPs) and 24 Agribusiness Incubators (R-ABIs)

 


Types of Funding Available for Startups


The RKVY-RAFTAAR program provides two levels of financial support to agri-startups based on their stage of development:

Funding Stage
Purpose
Support Amount
Grant Structure

Idea/Pre-Seed Stage

For startups at the concept or prototype stage.

Up to ₹5 lakh

90% grant-in-aid, 10% contribution by the startup

Seed Stage

For startups ready for scaling after validating their product/solution.

Up to ₹25 lakh

85% grant-in-aid, 15% contribution by the startup

 


Fund Disbursement Criteria and Process


The approved grant is released in three installments, linked to the achievement of pre-defined milestones:

Installment
Condition
Amount

First Installment

After signing of agreement with the incubator and submission of initial documentation

40% of the sanctioned amount

Second Installment

After utilization of 80% of the first installment and achievement of initial milestones (like prototype development, market validation)

40%

Third (Final) Installment

After utilization of 80% of the second installment and achievement of final milestones (like product launch, first customer engagement)

20%

 

Total Funding Allocation and Disbursement (Till 2023-24)

Financial Year
Funds Allocated (₹ crore)
Funds Disbursed (₹ crore)

2018-19

238.00

39.90

2019-20

123.70

15.27

2020-21

119.40

48.00

2021-22

102.85

31.60

2022-23

132.34

35.50

2023-24

106.05

45.15

Total

822.34

215.42

 


 

Eligibility Criteria – RKVY-RAFTAAR Agribusiness Incubation Program

Category
Eligibility Criteria

Applicant Type

Indian citizens (individual innovators) OR- Startups registered as Private Limited Company/LLP/Partnership in India

Company Age

Preferably less than 3 years old at the time of application (for startups)

Legal Requirement

Individual innovators must register a company (Private Ltd/LLP/Partnership) before availing funding

Sector Focus

Agriculture and allied sectors: Agri-Tech, Food Processing, Post-harvest Management, Precision Farming, Organic Farming, Supply Chain, Agri-Biotech, Dairy, Poultry, Fisheries, Rural Innovations

Startup Stage (for Funding Type)

Idea/Pre-Seed Stage: For early-stage innovators at concept/prototype level Seed Stage: For startups with a working prototype, MVP, or early market validation

Recognition

DPIIT Startup Recognition preferred but not mandatory

Other Conditions

Should not have received similar financial support from any other government scheme for the same project Must commit to work closely with assigned RKVY-RAFTAAR Incubator (R-ABI) for mentoring and milestone tracking

 


 

Key Knowledge Partners in Agri-Innovation and Entrepreneurship Development

 

This table lists key Knowledge Partners (KPs) supporting agricultural innovation and entrepreneurship in India. These institutions provide technical expertise, mentorship, and regional insights across areas like agripreneurship, agri-marketing, biotechnology, and sustainable farming. They play a vital role in empowering agri-startups and promoting innovation-led growth in the sector.

 

Knowledge Partner (KP)
Location
Specialization

1

National Institute of Agricultural Extension Management (MANAGE)

Hyderabad, Telangana

Agripreneurship development, extension management

2

National Institute of Agricultural Marketing (NIAM)

Jaipur, Rajasthan

Agricultural marketing, value chain development

3

Indian Agricultural Research Institute (IARI)

New Delhi

Agricultural research, biotechnology, crop improvement

4

University of Agricultural Sciences (UAS)

Dharwad, Karnataka

Sustainable agriculture, organic farming, agri-technology

5

Assam Agricultural University (AAU)

Jorhat, Assam

Northeast agri-innovation, fisheries, horticulture

 

 

RKVY-RAFTAAR Agribusiness Incubators (R-ABIs)

Incubator Name
Location
Specialization
Notable Achievements

1

Chaudhary Charan Singh Haryana Agricultural University (CCS HAU)

Hisar, Haryana

Crop sciences, farm machinery

Supported startups in precision agriculture and farm equipment innovation.

2

CSK Himachal Pradesh Krishi Vishvavidyalaya (CSK HPKV)

Palampur, Himachal Pradesh

Organic farming, hill agriculture

Promoted organic agri-startups in hilly terrains.

3

Indian Institute of Technology (IIT) Varanasi (BHU)

Varanasi, Uttar Pradesh

Agri-tech, AI in agriculture

Incubated over 30 startups focusing on AI-based farm solutions.

4

Jawaharlal Nehru Krishi Vishwa Vidyalaya (JNKVV)

Jabalpur, Madhya Pradesh

Soil science, water management

Facilitated startups in soil health and irrigation technologies.

5

ICAR-Indian Veterinary Research Institute (IVRI)

Izatnagar, Uttar Pradesh

Animal health, veterinary sciences

Supported ventures in animal diagnostics and health supplements.

6

Punjab Agricultural University (PAU)

Ludhiana, Punjab

Crop improvement, post-harvest technology

Assisted startups in grain storage and processing innovations.

7

Indira Gandhi Krishi Vishwavidyalaya (IGKV)

Raipur, Chhattisgarh

Agri-biotechnology, farm mechanization

Focused on startups in bio-fertilizers and low-cost farm machinery.

8

Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST)

Jammu & Kashmir

Temperate horticulture, organic farming

Promoted startups in apple and saffron value chains.

9

Indian Institute of Management (IIM) Kashipur

Kashipur, Uttarakhand

Agri-business management, supply chain optimization

Supported ventures in agri-logistics and market linkages.

10

Kerala Agricultural University (KAU)

Thrissur, Kerala

Plantation crops, organic agriculture

Incubated startups in spices and coconut-based products.

11

ICAR-Indian Institute of Millets Research (IIMR)

Hyderabad, Telangana

Millets research, value addition

Focused on startups developing millet-based health foods.

12

Tamil Nadu Agricultural University (TNAU)

Coimbatore, Tamil Nadu

Horticulture, precision farming

Assisted startups in precision irrigation and protected cultivation.

13

Acharya N.G. Ranga Agricultural University (ANGRAU)

Andhra Pradesh

Crop sciences, seed technology

Supported ventures in seed production and certification.

14

ICAR-National Rice Research Institute (NRRI)

Cuttack, Odisha

Rice research, sustainable agriculture

Promoted startups in rice value chain enhancements.

15

Sri Karan Narendra Agriculture University (SKNAU)

Jobner, Rajasthan

Dryland farming, agri-inputs

Focused on startups in drought-resistant crops and inputs.

16

Indian Institute of Technology (IIT) Kharagpur

Kharagpur, West Bengal

Agri-engineering, AI in agriculture

Incubated startups in drone-based crop monitoring.

17

Bihar Agricultural University (BAU)

Sabour, Bihar

Soil health, agri-extension

Supported ventures in soil testing and farmer advisory services.

18

Anand Agricultural University (AAU)

Anand, Gujarat

Dairy technology, food processing

Promoted startups in dairy product innovations.

19

ICAR-Central Institute for Research on Cotton Technology (CIRCOT)

Mumbai, Maharashtra

Cotton processing, textile technology

Assisted startups in cotton by-product utilization.

20

Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV)

Akola, Maharashtra

Dryland agriculture, oilseed crops

Focused on startups in oilseed processing and value addition.

21

ICAR-National Institute of Veterinary Epidemiology and Disease Informatics (NIVEDI)

Bengaluru, Karnataka

Animal health informatics, disease surveillance

Supported ventures in livestock disease monitoring tools.

22

College of Fisheries, Central Agricultural University (CoF-CAU)

Lembucherra, Tripura

Fisheries, aquaculture

Incubated startups in fish feed and aquaculture technologies.

23

College of Veterinary Sciences & Animal Husbandry

Aizawl, Mizoram

Veterinary sciences, animal husbandry

Promoted startups in animal nutrition and healthcare.

24

College of Horticulture & Forestry, Central Agricultural University (CoHF-CAU)

Pasighat, Arunachal Pradesh

Horticulture, agroforestry

Assisted ventures in fruit processing and agroforestry models.




Applications, Selections, and Success Rates (2019–2024)


RKVY-RAFTAAR Agribusiness Incubation Program pamphlet

Financial Year
Applications Received (Approx.)
Startups Funded
Funding Disbursed (₹ crore)
Selection Rate (%)

2019-20

400+

58

3.13

~14%

2020-21

1,000+

588

27.43

~59%

2021-22

800+

277

20.34

~35%

2022-23

700+

253

24.35

~36%

2023-24

1,200+

532

47.25

~44%

Total

4,100+

1,708

122.5

~42% Average



When to Apply?


  • Application Calls are Released Periodically:

    New application rounds are announced by Knowledge Partners (KPs) and Agribusiness Incubators (R-ABIs) on their respective websites and on the official RKVY-RAFTAAR Startup Portal.

  • Typically 1–2 Calls per Year:

    Each incubator issues 1–2 startup intake calls annually.


  • Application Window Duration:

    Applications are open for 30 to 45 days once a call is announced.

 

 

Step-by-Step Application Process


To apply for the RKVY-RAFTAAR Agribusiness Incubation Program, startups must follow a structured multi-stage process, from identifying pen calls to pitching and final selection. The overall journey, from application submission to first fund disbursement, typically takes around 4 to 5 months, depending on the evaluation cycle and milestone completion.

Step
Action
Details
Approximate Time Taken

1️⃣

Identify Active Call

Visit agristartup.gov.in or R-ABI websites to check new openings.

Application window typically open for 30–45 days after announcement.

2️⃣

Choose Incubator (R-ABI/KP)

Select based on sector focus or geographic preference.

Immediate (during application period).

3️⃣

Register Online

Fill in basic startup/innovator details and create login.

1–2 days

4️⃣

Prepare Proposal

Upload executive summary, business model, proof of concept, etc.

Depends on readiness — ideally within 7–10 days.

5️⃣

Submit Application

Complete and submit the full online form before the deadline.

Before application closing date (within 30–45 days of opening).

6️⃣

Initial Screening & Shortlisting

R-ABI evaluates eligibility, innovation strength, document completeness.

2–4 weeks after application closing.

7️⃣

Pitch Presentation

Shortlisted applicants present to the Incubation Selection Committee (ISC).

Usually scheduled within 1–2 weeks after shortlisting.

8️⃣

Final Selection and Offer Letter

Final list of selected startups is announced by R-ABI.

1–2 weeks after pitch presentation.

9️⃣

Agreement Signing & Onboarding

Signing incubation and funding agreement with the incubator.

Within 2 weeks of final selection.

🔟

First Fund Disbursement

Release of 1st installment of grant upon milestone plan submission.

Within 3–4 weeks after agreement signing.


Grant Selection Criteria and Weightage (Based on Assumptions)

Category
Weightage to Selection

Clear Problem-Solution Fit

25%

Prototype/Proof of Concept

20%

Strong Documentation

15%

Business/Financial Plan

15%

Pitch and Presentation

15%

Founder Commitment

10%

 

 



Documents Required – RKVY-RAFTAAR Agribusiness Incubation Program


Applicants are required to submit the following documents along with their application to ensure eligibility verification, business validation, and smooth onboarding.

Document
Purpose

Identity Proof (Aadhaar Card / PAN Card)

To verify applicant identity (for individuals) or authorized signatory (for startups).

Company Registration Certificate

Proof of registered entity (Private Limited, LLP, or Partnership Firm) — mandatory for startups.

Startup India / DPIIT Recognition Certificate

Optional but preferred — adds credibility if available.

GST Registration Certificate

Required if the startup is already generating revenue and registered under GST.

Business Plan / Executive Summary

Clear explanation of business idea, product/service offering, target market, business model, and scalability.

Pitch Deck

A slide presentation summarizing innovation, solution, problem statement, business opportunity, and team.

Proof of Concept (PoC) / Prototype Details

Evidence of prototype development or technology validation (where applicable).

Financial Plan

Brief estimation of funding needs, expected expenses, and projected revenue (especially for seed-stage applicants).

Bank Details

Cancelled cheque or bank letter for fund disbursement setup (provided after selection).

Photographs

Passport-sized photograph of the applicant or founder(s).



 

Agri-Startup Funding Readiness Checklist


This checklist helps agri-startups prepare strong, fundable applications for R-ABIs and similar schemes. It covers key areas like problem-solution clarity, prototype readiness, complete documents, realistic funding plans, and founder commitment. Startups with early validation, clear traction, and alignment with the incubator’s sector focus have significantly higher success rates. Use this to boost your chances before applying.


Section
Checklist Item
Details

Business Readiness

Problem and Solution Clearly Defined

Clearly explain the real market/farmer problem and your specific solution within 1–2 paragraphs.


Prototype, Pilot, or Proof of Concept Available

More than 80% of funded startups had a working prototype or proof of concept ready.


Technology/Innovation Clearly Articulated

Show how your idea is better, cheaper, faster, or more scalable than existing alternatives.


Sector Focus Matches Incubator Strength

Choose a R-ABI specializing in your sector (e.g., Millets ➔ IIMR Hyderabad, Food Processing ➔ Anand AAU).

Document Preparation

Full Set of Required Documents Ready

Missing documents were the #1 reason for rejection. Ensure business plan, pitch deck, registration, PAN/GST, prototype proof are ready.


Financial Ask and Plan Realistic

Request ₹5–₹25 lakh with a clear 12–18 month milestone plan. Avoid unrealistic or poorly justified amounts.

Pitching Strength

Simple and Sharp Pitch Deck Ready

Prepare 8–10 slides covering Problem ➔ Solution ➔ Business Model ➔ Traction ➔ Funding Ask.


Market Size and Revenue Model Clearly Shown

Estimate market size and basic revenue model even if early stage — it shows business maturity.


Realistic Milestones for 12–18 Months

Examples: complete pilot trial, launch MVP, secure first 50 customers, start production.

Team Strength

Founders with Relevant Skills or Domain Knowledge

Founders with agriculture, engineering, business, or rural expertise had higher selection rates.


Full-Time Founder Commitment Proof

Full-time commitment is preferred; part-time founders rarely succeeded. Show clear dedication.

Past Performance Insights (Based on Analysis)

Early Validation Increases Chances

Startups with pilot customers, test users, or early validation had 2X better selection chances.


Practical Problem-Solution Highlighted

Applications showing clear market gaps + practical solutions had 3X more shortlisting.


Proof of Early User Interest Helps

Submitting letters of intent or early feedback forms greatly improved success chances.


Clarity Over Jargon

Simple, straightforward applications without excessive technical jargon performed better.

 

 

 

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