Frequently Asked Questions
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1. What is IAVCP?
Investments in Agroecology Value Chains Project (IAVCP) is an IFAD funded programme managed by ACCESS Development Services that focuses on identifying viable business opportunities linked to agroecology clusters and value chains, providing investment support for integrated agroecology production systems, and offering grants to Micro and Small Enterprises (MSEs)/ Producer Organization Enterprises (POE)/ Startups operating in agroecology value chains to grow their business.
2. What is the value of the grant that an organisation can get?
Grants will be given through two routes – (i) The regular grant offered for which concept notes will be accepted on tap can be in the range of INR 20 lacs – 1 Cr. (ii) In addition, innovative grant proposals (for grant value up to INR 2 crore) will be invited through Agroecology Gant Fund Challenge (AGFC) announced once in 6 months.
The amount sanctioned will depend on the assessment of fund required, proposed number of producers impacted/covered, proposed agroecology outcomes, and the business model.
3. Is there any focus geography for the IAVCP Grant?
For grants of up to INR 1 crore value, focus geography comprises of 10 states – Assam, Meghalaya, Nagaland, Mizoram, Maharashtra, Uttarakhand, Madhya Pradesh, Chhattisgarh, Rajasthan and Odisha. The Agroecology Grant Fund Challenge will be open to the entire country.
4. How old does the organisation/entity needs to be in order to be eligible for the grant?
The organisation/entity needs to be at least two years in operation to be eligible to apply for the grant.
5. If an organisation has an existing bank loan, will they still be eligible for the grant?
Yes, the organisation can still be eligible provided they have a plan to utilise the available funds. However, the grant funding cannot be used for payment of any existing liabilities.
6. Is it mandatory to fulfil all the eligibility criteria?
Yes, there are no exceptions to these.
7. Can a consortium of a private entity and a FPC apply together?
Eligible Entities are encouraged to apply individually. Consortiums will not be preferred under this grant.
8. Can a start-up/Social Enterprise apply for the grant?
Yes, a start-up/social enterprise can apply provided their project is well aligned to the agroecological principles and it qualifies the eligibility criteria.
9. For how many years the organisation would have to submit the financial statements?
The organisation would have to submit the financial statements for the last three years, however if the organisation is only two years old, they can submit the financial statements for the last two years only. In case the audit statements of immediately preceding FY is pending, the organization must submit a provisional Financial Statement for the immediately preceding FY.
10. How much can be the maximum investment percentage sought from the grant?
The maximum support that can be sought from the IVACP grant is 70 percent of the total proposed project outlay, remaining must come from entity/promoter’s own investment, loan and other grants etc. Higher proportion of funding from other sources will be preferred.
11. Is there a fee to apply for the grant?
No, there is no application fee for applying for the grant.
12. When will the results be announced?
This grant is on a rolling basis, so as and when the applicants submit the detailed proposals, the results will be communicated on case-to-case basis depending on the successful proposal after fulfilling all the process.
13. What should be the duration of the project being proposed?
The duration of the project can vary from 12 to 18 months.
14. Is it possible to make modifications in the application once submitted?
No, once your application is submitted no changes are allowed. It is recommended to review your application multiple times before submission. For any clarification, ACCESS will inform the applicants on case-to-case basis for any further information/ modification after reviewing the grant application.
15. Is there an official email id where we can write to for any clarifications required?
Yes, you can write to iavcp@accessdev.org