Download - VCA Presentation Updated on 27-10-2014
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SFAC Presentation
on Venture Capital Assistance
SchemeScheme
Updated on 27.10.2014
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About SFAC
SFAC is a Society established by DAC, GOI,
chaired by Hon. Agriculture Minister
RBI, NABARD, PSBs are original promoters of
SFACSFAC
Notified as financial institution under RBI Act
Mission: To link smallholders to investments,
technology and markets.
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Venture Capital Assistance Scheme
(VCA) VCA: It is an interest free loan provided by SFAC, always in
conjunction with a bank loan, for setting up of agribusinessprojects (including Dairy and Poultry) up to a project cost ofRs. 500.00 lakh.
VCA Amount: 26% of promoters equity or Rs. 50.00 lakhwhichever is lowerwhichever is lower
Minimum project size: Rs. 15.00 lakh in general areas andRs. 10.00 lakh in Hilly States & NER and backward districts
Tenure: Same as that of Term Loan sanctioned by bank/FI
Individual entrepreneurs, coops, FPOs, SHGs, companies etc. all eligible to apply
Assistance to prepare DPRs through empanelled consultants of SFAC/State SFACs
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QUALIFYING PROJECTS UNDER VENTURE CAPITAL
Agriculture or allied sector/ related to agricultural services projectsincluding Dairy & Poultry
Assured market to farmers/ producer groups.
Encourage farmers to diversify into high value crops, to increase farmincomes
incomes
Accepted by banks/financial institutions for grant of term loan.
Projects must be in the range of Rs. 15.00 lakh to Rs. 5.00 Crore ingeneral area and Rs. 10.00 lakh to Rs. 10.00 Crore for North-EasternStates and backward districts.
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Eligible Entities
Assistance under the Scheme will be available to Individuals;
Farmers; Producer Groups; Partnership / Proprietary Firms;
Self Help Groups; Companies; Agripreneurs; units in agri--
export zones, and Agriculture graduates Individually or in
groups for setting up agri-business projects.groups for setting up agri-business projects.
For professional management and accountability, the groups
have to preferably form into companies or producer
companies under the relevant Act.
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Eligible Lending Institutions
1. SBI and its subsidiaries
2. Nationalized Banks
3. RRBs
4. IDBI4. IDBI
5. SIDBI
6. NABARD
7. NCDC
8. NEDFi
9. Exim-Bank
10.State Financial Corporations
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PROGRESS OF VCA SCHEME
250
300
350
400
450409
441
1
5
3
.
8
9
0
50
100
150
200
250
X Plan XI Plan XII Plan
103
2
3
.
8
6
1
2
0
.
1
7
1
5
3
.
8
9
No. of Projects
VCA Amount in Crores
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PERFORMANCE OF VCA SCHEME SINCE X PLAN
Plan Period Venture Capital
Assistance
Total Project Cost No. of
Projects
Rs. in Crore Rs. in Crore
X Plan (2002-2007) 23.86 262.51 103
XI Plan (2007-2012) 120.17 1461.02 409
XII Plan (2012-2017)
Up to 27.10.2014
153.89 2028.63 441
Total 297.92 3752.16 953
Total VCA sanctioned/disbursed Rs. 297.92 Crore, leveraging private &
institutional investment of Rs. 3752.16 benefitting approximately 124462
farmers and generating employment to 57147 persons in rural areas.
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Maharashtra 224 Punjab 12
Uttar Pradesh 124 Manipur 10
Karnataka 104 Nagaland 09
Gujarat 81 Chhattisgarh 07
Tamil Nadu 69 West Bengal 05
Rajasthan 56 Arunachal Pradesh 04
State-wise break-up 953 Projects
Rajasthan 56 Arunachal Pradesh 04
Haryana 43 Telangana 04
Himachal Pradesh 43 Meghalaya 03
Kerala 36 Bihar 03
Jammu & Kashmir 36 Tripura 01
Uttarakhand 26 Goa 01
Madhya Pradesh 18 Jharkhand 01
Assam 16 Mizoram 01
Andhra Pradesh 15 Orissa 01
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201
96
84
75 69
6260
80
100
120
140
160
180
Bank-wise VCA Sanctions of 953 projects
62
4235 37 34 24 21 31 18 16 20 25 12
11
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Cold storage 248 Bamboo 7
Misc. fruits & vegetables 181 Walnut 7
Mango 53 Aloe Vera 7
Cashew 59 Sago 6
Grapes/Raisin 57 Pulse Processing Unit 5
Onion & Garlic Dehydration 36 Ginger 4
Coconut 35 Ester/Bio Fuel 4
Poly house/Floriculture/Hor.) 32 Sweet/Baby Corn 4
Guar Gum 37 Honey 3
Mushroom 21 Patchouli (medicinal plant) 3
Activity-wise break-up 953 ProjectsTissue Culture Laboratory 2
Vanilla 2
Passion Fruit Processing 1
Poultry Farm 1
Lemon Grass 1
Rice Mill 2
Seabuckthorn Fruit 1Misc. Spices 14 Pomegranates 3
Pickles/Sauces/Jam 12 Chicory 3
Fisheries /Aqua Agriculture 12 Ginning & cotton seeds 3
Winery Unit 12 Vermi Compost 3
Herbal Extracts 11 Coconut shell charcoal 2
Peas 10 Lavender Oil 2
Potato chips 10 Nutmeg/Pepper 2
Banana Ripening 9 Anticancer drug /Menthol mint 2
Gherkins 9 Cardamom/Organic compost 2
Pineapple 8 Cattle Feeds 2
Seabuckthorn Fruit 1
Solid Fuel from Agri. Waste 1
Stevia 1
Sugar Beet 1
Tea 1
Bio-Diesel from Jatropha 1
Mnf. Of snack foods &
soyabadi
1
Reefer Van 1
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Project Development Facility
SFAC will provide financial support to farmers, Producer
Groups, Agripreneurs, Units in Agri-Export Zones, and
Agriculture graduates (called beneficiary) in theAgriculture graduates (called beneficiary) in the
preparation of bankable Detailed Project Reports (DPR)
through empanelled consultants/institutions. SFAC
provides fee for preparation of DPR.
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Frozen Peas IQF units (14)
Guar gum processing units (18)
Processing/Cold Storage units funded by SFAC under VCA scheme
Udham Singh Nagar
Jodhpur
Bhavnagar
Onion & Garlic dehydration units (32)
Haryana
Cold Storage units (106)
Cold Storage units (28)
Mango processing units (44)
Grapes export /raisin /winery (48)
Cashew nut processing units (36)
Coconut Processing(22)
Ernakulam, Kannur, Thrissur, Kanhangad,
Kottayam, Malappuram, Pathanamthitta,
Kozhikkode, Palakkad, Melattur, Meppayur
Nashik
Krishnagiri
Chittoor
Bhavnagar
Udupi
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KAVIL (ORNAMENTAL FISH BREEDING) KERALA
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Good Greens India Pvt. Ltd. Chennai,
Tamil Nadu
(Gherkin export)
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Megha Cashew Pvt.Ltd., Meghalaya
(Cashew)
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KD Agro Industries, Meghalaya
(Pineapple processing)
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Thank You
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