Ministry of Development of North-East Region
azadi ka amrit mahotsav

Start-up Ecosystem in North Eastern States


NEDFi contributing towards building startup ecosystem of North East Region (NER) of India

Initiatives undertaken by the DPIIT for promotion of entrepreneurship in Northeastern states under Startup India

Posted On: 12 MAR 2025 1:42PM by PIB Delhi

The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country launched the Startup India initiative on 16th January 2016.

For the North Eastern States, 2,109 entities have been recognised as startups by DPIIT as on 31st January 2025.The same have been tabulated below:

State

Certificates Issued as on 31st January 2025

Arunachal Pradesh

55

Assam

1514

Manipur

185

Meghalaya

63

Mizoram

44

Nagaland

88

Sikkim

13

Tripura

147

Total

2109

North Eastern Finance Development Corporation Ltd. (NEDFi), is a Non-Banking Financial Company (NBFC) under administrative control of Ministry of Development of North Eastern Region.  NEDFi has been contributing towards building startup ecosystem of North East Region (NER) of India. NEDFi has launched and managed three SEBI registered venture capital funds. Also, NEDFi has tied up with Numaligarh Refinery Limited (NRL), a PSU to launch NRL Ideation Angel Fund (NRL IAF).

Ministry of Development of North Eastern Region (MDoNER) through NEDFi had created the North East Venture Fund (NEVF). Under NEVF till date, 69 startups have received Investment commitment of around Rs. 100 crore.

A List of initiatives undertaken by the DPIIT for promotion of entrepreneurship in Northeastern states under Startup India, are as follow:

  1. ASCEND Startup Workshop Series and Women for Startups Workshops: The Government organized a series of startup workshops – ASCEND (Accelerating Startup Calibre & Entrepreneurial Drive), for entrepreneurs, aspiring entrepreneurs, and students from the North-eastern region.
  2. Knowledge Exchange and Capacity Building Workshops: DPIIT organized knowledge exchange workshops for dissemination of good practices and mutual learning among States and UTs.
  3. Startup India Yatra Initiative: Startup India launched Startup India Yatra in 2017 to promote entrepreneurship in rural and non-metro regions across States.
  4. WING: As a part of DPIIT’s program WING - a capacity development program for existing and aspiring women entrepreneurs
  5. District Outreach Initiative: DPIIT is promoting entrepreneurship by striving to establish at least one DPIIT-recognized startup in every district of India.

This information was given by the Minister of State of the Ministry of Development of North Eastern Region Dr. Sukanta Majumdar in a written reply to a question in Lok Sabha today.

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