NABARD's Agri-SURE Fund Aims to Boost Agriculture Startup and Rural Enterprise Funding

Friday, 12 July 2024, 12:43

NABARD announces 'Agri-SURE' fund with a total corpus of Rs 750 crore, featuring contributions from NABARD, the Ministry of Agriculture, and other institutions. The fund targets financing startups and rural enterprises, supporting agriculture innovation and economic growth. 'Agri-SURE' signifies a strategic initiative to empower rural sectors for sustainable development and entrepreneurial opportunities.
Moneycontrol
NABARD's Agri-SURE Fund Aims to Boost Agriculture Startup and Rural Enterprise Funding

NABARD Launches 'Agri-SURE' Fund

NABVENTURES, a subsidiary of NABARD, introduces 'Agri-SURE,' a Rs 750 crore fund to foster startups and rural enterprises in the agriculture sector. This fund comprises Rs 250 crore from NABARD, Rs 250 crore from the Ministry of Agriculture, and Rs 250 crore from other institutions.

Funding Innovation and Growth

'Agri-SURE' aims to provide financial support to agriculture startups, driving innovation and economic advancement in rural areas. With a significant corpus and strategic partnerships, the fund seeks to bolster entrepreneurship and sustainable development.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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