What is the GAP Challenge Fund?
The Grant for Agroecology Program (GAP) Challenge Fund is a unique initiative aimed at supporting sustainable agricultural practices across India. This time-bound business grant ranges from INR 10 million to INR 20 million, providing a vital financial boost to eligible enterprises. Announced quarterly, the fund aims to promote investment in agroecology.
Eligibility Criteria for Potential Applicants
To qualify for the GAP Challenge Fund, enterprises must be Producer Organization Enterprises (POEs), which includes cooperatives and registered entities such as micro and small enterprises (MSEs). Applicants must have been operational for at least two years and should have a minimum turnover of INR 20 million. Additionally, financial statements for the past two years must be audited, and a co-funding proof of at least 30% is required.
Who Can Apply and Application Process
Eligible applicants include producer organizations like cooperatives or collective enterprises, for-profit startups, registered individual entrepreneurs, and non-profit organizations/NGOs that can assist in the application process. It is important to note that NGOs cannot apply independently. The application can be submitted through the designated online form, and the final date for submissions is December 17, 2025. For more details, interested candidates can click on the link: Application Form.