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Press Information Bureau
Government of India
Ministry of Development of North-East Region
30 NOV 2021 3:54PM by PIB Delhi
Funding under North-East Venture Fund

The distribution of start-ups who have received funding under North East Venture Fund (NEVF) state-wise and year wise is given in Annexure A.

Sector wise details of the start-ups who have received funding from NEVF is given in Annexure B.

      As on date details of job generated under start-ups funded by NEVF is given in

Annexure C.

 

The fund is in operation since April, 2017 and has made in-principle commitment for investment of Rs. 73.76 Crore in 35 start-ups. Out of these 35 start- ups a total of 21 start-ups have already availed funding of Rs. 35.62 Crore from NEVF.

This information was given by The Minister  for  Development of North East Region Shri. G. Kishan Reddy in the Lok Sabha in a written reply.

MG/RNM

Annexure A Number of start-ups invested, year wise and state wise

Year

State

No. of start ups invested

2017-2018

Assam

1

Sub-Total

1

2018-2019

Assam

6

Sub-Total

6

 

2019-2020

Arunachal Pradesh

1

Assam

4

Manipur

1

Sub-Total

6

 

2020-2021

Assam

2

Manipur

1

Tripura

1

Sub-Total

4

 

2021-2022

Assam

3

Manipur

1

Sub-Total

4

 

Grand Total

21

 

Annexure B

 

Sl No

Sector

Number of Start-ups receiving funding

 

1

Information Technology Enabled Services SerServices

1

2

BioTech/ Healthcare

2

 

3

 

Media

1

 

4

 

Industrial Product

2

 

5

 

Fast Moving Consumer Goods (FMCG)

1

6

Food Processing

2

7

Agriculture

2

 

8

 

Hospitality/ Tourism

1

9

Services

8

10

Logistics

1

 

Total

21

 

Annexure C

 

Jobs created year wise and state wise:

 

Year

State

Male

Female

Total

Skilled

Unskilled

 

2017-2018

Assam

135

120

255

109

146

Sub-Total

135

120

255

109

146

 

2018-2019

Assam

1307

374

1681

92

1589

Sub-Total

1307

374

1681

92

1589

 

 

 

 

2019-2020

Arunachal Pradesh

15

7

22

6

16

Assam

84

29

113

63

50

Manipur

24

8

32

31

1

Sub-Total

123

44

167

100

67

 

 

 

 

 

 

 

2020-2021

Arunachal Pradesh

62

7

69

6

63

Assam

827

93

920

87

832

Manipur

232

43

275

35

240

Mizoram

125

13

138

11

127

Sikkim

62

7

69

6

63

Tripura

10

4

14

4

10

Sub-Total

1318

167

1485

149

1335

 

 

2021-2022

Assam

237

53

290

77

213

Manipur

12

5

17

7

10

Sub-Total

249

58

307

84

223

 

Total

3132

763

3875

534

3360

Grand Total

3875