North East Venture Fund
The North East Venture Fund (NEVF) was set up in September 2017 by the North Eastern Development Finance Corporation Ltd. (NEDFi), which comes under the aegis of the Ministry of Development of North Eastern Region (MDoNER). The fund provides support for enterprises and start-ups in North Eastern Region. It is the first and only dedicated venture fund for this region.
The main aim of the fund is to promote enterprise building the North East India. Till date, Rs.6,631 lakh has been sanctioned under this fund to 31 start-ups over the last three years.