North-East Venture Fund (NEVF)

ministry of development of north eastern region

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Details

Amount

₹25 lakh - ₹10 crore

Provider

ministry of development of north eastern region

Type

grant

Stage

early Stage

About this Opportunity

The North East Venture Fund (NEVF) is a Category I Venture Capital Fund registered under SEBI AIF Regulations, 2012. It was established with a corpus of Rs. 100 crore to promote entrepreneurship and maximize investment returns in the North Eastern Region. NEVF invests in startups with innovative business models and high growth potential.

Eligibility

Entrepreneurial person with innovative vision and implementation power.
Strong management team and commitment.
Viable business model with sustainable growth.
Large scaling opportunities.
Market-fit product with good traction.
Realistic exit potential.
Startups located in the North Eastern Region of India (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura).

Application Process

Interested entrepreneurs should submit a proposal with necessary details including company information, team details, funding requirements, utilization plan, financial focus, and revenue model. Proposals can be submitted by emailing nevf@nedfi.com or through online portal. Further details might be available on the NEDFi Venture Capital Limited website.

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