Capital subsidy for new agri-enterprises (TNIAMP)

A state capital subsidy for new agri-entrepreneurs in food and agri-allied sectors, delivered through the Tamil Nadu Irrigated Agriculture Modernisation Project (TNIAMP). It covers 40% of the eligible project cost, up to a ceiling set in the guidelines. The scheme page says it aims to build entrepreneurs' business skills through training and to link them to financial support.

What you get

• A capital subsidy of 40% of the eligible project cost, up to the ceiling.
• Entrepreneurship training.
• Business-plan execution assistance, up to a set maximum.
• Credit facilitation for businesses that reach a turnover level set in the guidelines.

Who can apply

• New agri-entrepreneurs in food and agri-allied sectors in Tamil Nadu.
• Applicants who are not defaulters to any commercial bank.
• Not self-help groups, which the scheme does not cover.

How selection works: Beneficiaries are chosen from the participants of a one-day district facilitation workshop, based on their interest, ability and potential.

How to apply: Contact the District Deputy Director of Agriculture (Agri Business). The one-day workshop is held at district level.