Venture capital is the capital invested in potential startup companies after seeing their long-term growth prospects. These startups have the potential to grow on one hand, but on the other hand, they are risky and need proper care.Venture Capital Assistance Scheme (VCA) has been launched by the Small Farmers Agri-Business Consortium (SFAC) for the benefit of farmer-entrepreneurs who want to grow their agri-business. This programme aims to provide a term loan to farmers with qualified projects, so they may satisfy their project implementation capital requirements.
Overview of Venture Capital Assistance Scheme
|Name||Venture Capital Assistance Scheme|
|Also known as||VCA Scheme|
|Launched by||Government of India|
|Launch under||Small Farmers Agri-Business Consortium (SFAC)|
|Sector||Central sector scheme|
Objective and Benefits of Venture Capital Assistance Scheme
•To assist entrepreneurs in building an agricultural operation that is accepted by banks and other financial institutions governed by the RBI.
•The Project Development Facility will assist farmers, producer organisations, and recent agricultural professionals in joining the value chain.
•To improve on the state and central SFAC levels that came before it.
•Promoting training and visits to empower agricultural entrepreneurs to start their own businesses.
FAQ’s Frequently Asked Questions
How do I apply for a Venture Capital Fund?
The Applicant for grant of registration as a Venture Capital Fund under SEBI (Venture Capital Funds) Regulations, 1996 should make an Application to SEBI in Form A along with all the necessary documents. Generally on receipt of Application, the applicant will receive a reply from SEBI within 21 working days.