Bangalore: Procuring capital is considered to be one of the most tedious tasks in a business. To reduce the harshness of reality, governments and other organizations are constantly trying to make the whole ‘entrepreneurship experience’ a fruitful one. Towards this, Small Farmer Agri-Business Consortium (SFAC) has started its awareness programme for agriculture entrepreneurs called the Venture Capital Assistance Scheme (VCAS), in and around the regions of Madhya Pradesh, reports TOI.

The scheme targets ‘agripreneurs’ and is customized to benefit producer, producer groups/organization and units in agri-export zones and agriculture graduates in preparation of economically viable detailed project report. This project mainly focuses on uplifting agri-business projects and project development facilities.

The programme covers 10 districts of Madhya Pradesh including Rajgarh, Shahjahpur, Hosangabad, Sagar, Katni, Umaria and Raisen. DIC, DDM Nabard, LDM, bankers from Central Bank, PNB, Oriental Bank of Commerce, horticulture, agriculture and forest departments, entrepreneurs, farmers, NGOs, finance corporations, SFAC and AFC are the attendees of these programmes.

“The aim is to facilitate setting up of agri-business ventures in close association with banks," says Pravesh Sharma, Managing Director, SFAC who also stated that projects in dairy and poultry will be excluded.

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