Funding under North-East Venture Fund

दैनिक समाचार

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

YearStateNo. of start ups invested
2017-2018Assam1
Sub-Total1
2018-2019Assam6
Sub-Total6
  2019-2020Arunachal Pradesh1
Assam4
Manipur1
Sub-Total6
  2020-2021Assam2
Manipur1
Tripura1
Sub-Total4
  2021-2022Assam3
Manipur1
Sub-Total4
 Grand Total21

Annexure B

Sl NoSectorNumber of Start-ups receiving funding
  1Information Technology Enabled Services SerServices1
2BioTech/ Healthcare2
  3  Media1
  4  Industrial Product2
  5  Fast Moving Consumer Goods (FMCG)1
6Food Processing2
7Agriculture2
  8  Hospitality/ Tourism1
9Services8
10Logistics1
 Total21

Annexure C

Jobs created year wise and state wise:

YearStateMaleFemaleTotalSkilledUnskilled
  2017-2018Assam135120255109146
Sub-Total135120255109146
  2018-2019Assam13073741681921589
Sub-Total13073741681921589
        2019-2020Arunachal Pradesh15722616
Assam84291136350
Manipur24832311
Sub-Total1234416710067
              2020-2021Arunachal Pradesh62769663
Assam8279392087832
Manipur2324327535240
Mizoram1251313811127
Sikkim62769663
Tripura10414410
Sub-Total131816714851491335
    2021-2022Assam2375329077213
Manipur12517710
Sub-Total2495830784223
 Total313276338755343360
Grand Total3875 

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