NEDFi Equity Fund Scheme
By NEDFi
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Quick Answer
Equity and convertible debenture investment of ₹50 lakh to ₹3 crore for high-growth enterprises in North Eastern Region, covering project cost and working capital.
Results & next round
Applications for this round are closed. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by NEDFi. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this grant
The NEDFi Equity Fund Scheme aims to contribute to the development of entrepreneurship in the North Eastern Region (NER) by investing in projects with sound business ideas and the potential for high growth and above-average returns on equity-related investments. Investments are typically made in the form of equity or convertible debentures.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The North Eastern Development Finance Corporation Ltd, known as NEDFi, is a development finance company based in Guwahati, Assam. It lends to micro, small, medium and large enterprises for industrial, infrastructure and agri-allied projects in North East India, and it also…
Learn moreBenefits & Funding
- Amount
- ₹50L – ₹3Cr
- Fund type
- Grant
What You Get
The scheme provides equity or convertible debenture investment of ₹50–300 lakh per project. Funds can be used for financing terms normally included in project cost, startup working capital, and selectively for core current assets during commercial operations.
Application Process
- 1
Submit application
Apply in the prescribed format of NEDFi to Chairman and Managing Director, NEDFi, G.S. Road, Dispur, Guwahati – 781006.
You
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the investment range under this scheme?
Investment in a single project ranges from ₹50 lakh to ₹3 crore.
What forms of investment are offered?
Investments are typically made in the form of equity or convertible debentures.
Who can apply?
Individual entrepreneurs or groups of entrepreneurs in the North Eastern Region with a viable business plan offering above-average profitability and attractive returns.
What are the promoter contribution and debt-equity requirements?
Promoters should hold at least 60% of the paid-up equity capital. For convertible debentures, the maximum debt-equity ratio is 1.5:1.
How do I apply?
Apply in the prescribed format of NEDFi to the Chairman and Managing Director, NEDFi, G.S. Road, Dispur, Guwahati – 781006.
Sources
Data on this page is compiled from official program and provider references.
