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Blended Capital Support to Finance Startups

“Navigating the Government Connect: Unlock Grants, Subsidies, Policy Alignment & Zero-Cost Growth Opportunities”

Budget 2025-26: MINISTRY OF AGRICULTURE AND FARMERS WELFARE; DEMAND NO. 1; Department of Agriculture and Farmers Welfare…

13. Blended Capital Support to Finance Startups for Agriculture and Rural Enterprise Relevant for Farm Produce Value Chain :..The Scheme aims to finance startups for agriculture & rural enterprise, relevant for farm produce value chain. The activities for these startups will include, inter alia, machinery for farmers on rental basis at farm level, and technology including IT-based support for FPOs

Part 1: Salient Features (2025-26)

• Financial Structure:

o Grant: 20-30% of project cost (max ₹50 lakh)

o Equity: 20-40% via SEBI-registered Agri-Alt Investment Funds

o Debt: 30-50% with 5% interest subvention

• Focus Areas:

o FarmTech: AI/ML for yield optimization

o Service Platforms: Equipment rental marketplaces

o FPO Tech: ERP, traceability solutions

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Part 2: Startup Opportunities – Capital Stack Optimization

1. Farm Equipment Rental Marketplaces

Model: "Uber for Tractors" with IoT-enabled utilization tracking

Blended Finance Example:

• ₹1Cr project → ₹30L grant + ₹40L equity + ₹30L debt

Revenue: 15% commission on rentals

2. FPO Decision Support Systems

Tech: Satellite imagery + soil data → input optimization

Funding Mix:

• 25% grant (NBHM tie-in)

• 35% impact investor equity

• 40% subvented debt

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Part 3: Founder’s Action Plan

1. Equipment Rental Platform

• Step 1: Pilot in 3 districts with Kisan TRACTOR database

• Step 2: Secure:

o ₹25L from NABARD’s Agri-Tech Fund

o ₹35L from Omnivore/AgFunder

o ₹40L debt at 7% effective interest

2. FPO ERP Solutions

• Step 1: Develop MVP with SFAC’s FPO sandbox

• Step 2: Monetize via:

o ₹500/FPO/month SaaS

o 1% transaction fee on e-NAM sales

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Part 4: Risk-Reward Matrix

Opportunity Risk Mitigation

High-Capex Rentals Low farmer adoption Grants cover 30% asset cost

FPO Tech Churn risk 5-year lock-in with equity

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Pro Tip: Structure 20% revenue-sharing instead of pure equity for better valuations.