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SFAC Equity Grant Scheme for Farmer Producer Companies

Small Farmers' Agri-Business Consortium (SFAC)

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Why it matters

Doubles your members' share capital with a matching grant — strengthening your FPO's balance sheet so banks lend to you on better terms.

Launched

1 Jan 2014

Valid until

Ongoing

Benefit type

Subsidy

Created by

Government of India

Farmers benefited

5K

What you get

A matching equity grant equal to the shareholding of member farmers, up to Rs 15 lakh per Farmer Producer Company, to enhance borrowing power and creditworthiness.

Eligibility criteria

  • Registered Farmer Producer Company under the Companies Act
  • Minimum 33% shareholders are small, marginal or landless farmers
  • Duly audited accounts and a business plan
  • Maximum shareholding of any single member capped as per guidelines

How to apply

  1. 1

    Register on the SFAC portal

  2. 2

    Submit the equity grant application with member share details

  3. 3

    SFAC appraises the FPC and business plan

  4. 4

    Matching grant is released to the FPC on approval

Documents required

  • Certificate of incorporation / CIN
  • Shareholder register
  • Audited financial statements
  • Board resolution
  • Business plan

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