Equity Grant Scheme extends support to the equity base of Farmer Producer Companies (FPCs) by providing matching equity grants.
The EGS shall be operated by Small Farmers' Agri Business Consortium (SFAC).
The Equity Grant Scheme enables eligible FPCs to receive a grant equivalent in amount to the equity contribution of their shareholder members in the FPC subject to a maximum of Rs.10.00 lakh per FPC in two tranche.
The Scheme shall address nascent and emerging FPCs, which have paid up capital not exceeding Rs. 30 lakh as on the date of application.