What is the purpose of North-East Venture Fund (NEVF)?

North-East Venture Fund (NEVF) is a government welfare initiative designed to support Startups, Startups through benefits related to Startups & entrepreneurship, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.

Who can apply for North-East Venture Fund (NEVF)?

Eligibility for North-East Venture Fund (NEVF) may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.

What benefits are offered under North-East Venture Fund (NEVF)?

Benefits under North-East Venture Fund (NEVF) may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.

Which department manages North-East Venture Fund (NEVF)?

North-East Venture Fund (NEVF) is managed by Ministry of Development of North Eastern Region and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.

Can users apply online for North-East Venture Fund (NEVF)?

Yes, eligible applicants may be able to apply online for North-East Venture Fund (NEVF) through official government portals, authorised service centres, or digital application systems depending on the implementation process.

Is Aadhaar mandatory for North-East Venture Fund (NEVF)?

Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.

Where can users apply for North-East Venture Fund (NEVF)?

Applications for North-East Venture Fund (NEVF) may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.

What documents may be required for North-East Venture Fund (NEVF)?

Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.

Is North-East Venture Fund (NEVF) a central government scheme?

Yes, North-East Venture Fund (NEVF) is a central government welfare initiative that may be implemented across multiple states through authorised departments and agencies.

Does North-East Venture Fund (NEVF) provide business loan or startup assistance?

North-East Venture Fund (NEVF) may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.

Is collateral required under North-East Venture Fund (NEVF)?

Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.

Can CSC centres help users apply for North-East Venture Fund (NEVF)?

Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.

How can users check the latest updates for North-East Venture Fund (NEVF)?

Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.

Can beneficiaries track application status for North-East Venture Fund (NEVF)?

Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.

Where can users get help for North-East Venture Fund (NEVF) in All India?

Users in All India may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.

Which nearby public services may help with North-East Venture Fund (NEVF) applications?

Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.

S534B9

North-East Venture Fund (NEVF)

6.7/10

The North-East Venture Fund (NEVF) aims to support startups across India by providing a corpus of Rs 100 crore. Investments range from Rs 25 lakhs to Rs 10 crore per venture, focusing on innovative entrepreneurs with viable business models and strong growth potential over a 4-5 year horizon.

Central

States / UT: All India

Ministry / nodal: Ministry of Development of North Eastern Region

Scheme for: Startups

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Startups

Tags: startups, Funding

Details

Brief

Set up by North-Eastern Development Finance Corporation Limited (NEDFi) in association with the Ministry of Development of North-Eastern Region (M-DoNER), the North-East Venture Fund scheme was launched in September 2017. It is the first dedicated venture capital fund for the North-Eastern Region (NER).

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

Fund / quantum

target corpus of Rs. 100 crore

Tenure

Active

Benefit tags

Funding

Notes

The Ministry of Development of the North-Eastern Region (DoNER) along with the North-Eastern Development Finance Corporation Ltd. (NEDFi) has set up the North-East Venture Fund (NEVF). The main aim of collecting this fund is to use it in certain development projects in the North-East. The DoNER has aimed to collect Rs 100 crore under the NEVF out of which 45 crores will be contributed by DoNER, 30 crore by NEVF, and the rest principal amount will be contributed by the Small Industries Development Bank of India (SIDBI). The collected fund is to be invested in different sectors by a committee of experts including bankers, financial advisors, and investors. Till now Rs. 1092.5 lacs has already been invested in start-ups in various sectors from health, technology, tourism, media, etc.

Benefits

- Corpus of Fund equal to Rs 100 crore
The investment under this scheme ranges from Rs. 25 lakhs to Rs.10 crore per venture, which is long term in nature with an investment horizon of 4-5 years

Corpus of Fund equal to Rs 100 crore.
The investment under this scheme ranges from Rs. 25 lakhs to Rs.10 crore per venture, which is long term in nature with an investment horizon of 4-5 years.

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
target corpus of Rs. 100 crore
Active

How useful is this scheme?

Public benefit analysis

A practical look at this scheme for citizens

AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.

6.7

/ 10

Public Benefit Score

Accessibility 6.0/10 Moderate

Rural usefulness 5.0/10 Moderate

Application complexity 5.0/10 Moderate

Financial impact 9.5/10 Good

Literacy barrier 7.0/10 Challenging

Women inclusivity 6.0/10 Moderate

Awareness 7.0/10 Good

Implementation reliability 7.0/10 Good

Bigger shape means a better fit for citizens

Accessibility6.0
Financial impact9.5
Rural utility5.0
Awareness7.0
Simplicity5.0
Inclusivity6.0

What problem does this scheme solve?

The North-East Venture Fund (NEVF) is a significant initiative aimed at supporting startups in India, particularly in the North-Eastern region. It provides substantial funding opportunities for innovative entrepreneurs.

Key challenges addressed

Access to funding for startups
Support for innovative business models

Most beneficial for

Entrepreneurs in the North-East
Innovative startups

Likely challenges

High application complexity
Limited awareness among potential beneficiaries

Practical insights for citizens

The scheme is practical for those who meet the eligibility criteria but may be challenging for less informed entrepreneurs.

Rural challenges

Limited awareness of the scheme
Access to digital resources

Digital challenges

High digital dependency for application

Implementation bottlenecks

Complex eligibility criteria
Need for strong business models

Awareness challenges

Low awareness among potential beneficiaries

Application analysis

Application mode: Online portal

Estimated beneficiary reach

Rural / urban reach Moderate
Gender reach Moderate
Occupation reach Entrepreneurs

Benefit analysis

Benefit type: Funding
Benefit frequency: One-time investment
Benefit practicality: High for eligible startups
Financial meaningfulness: High, with investments ranging from ₹25 lakhs to ₹10 crores
Long-term impact: Potentially significant for startup growth in the North-East

Plain-language guidance

The North-East Venture Fund helps startups in India get funding to grow their businesses. It is especially focused on innovative ideas and strong management teams.

Who should apply: Entrepreneurs with viable business models and innovative ideas.
Who may struggle: First-time applicants and those with limited digital access.
Best application route: Apply via the online portal.

This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.

Application Process

Online / portal

Official application / information link: https://www.nedfiventure.com/funds/

Source listing: https://www.startupindia.gov.in/content/sih/en/government-schemes.html

Official links

References

Startup India — Central government schemes for startups: https://www.startupindia.gov.in/content/sih/en/government-schemes.html
Application / official link: https://www.nedfiventure.com/funds/

Apply

Apply now

startups Funding

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Frequently asked questions

What is the purpose of North-East Venture Fund (NEVF)?: North-East Venture Fund (NEVF) is a government welfare initiative designed to support Startups, Startups through benefits related to Startups & entrepreneurship, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
Who can apply for North-East Venture Fund (NEVF)?: Eligibility for North-East Venture Fund (NEVF) may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
What benefits are offered under North-East Venture Fund (NEVF)?: Benefits under North-East Venture Fund (NEVF) may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
Which department manages North-East Venture Fund (NEVF)?: North-East Venture Fund (NEVF) is managed by Ministry of Development of North Eastern Region and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
Can users apply online for North-East Venture Fund (NEVF)?: Yes, eligible applicants may be able to apply online for North-East Venture Fund (NEVF) through official government portals, authorised service centres, or digital application systems depending on the implementation process.
Is Aadhaar mandatory for North-East Venture Fund (NEVF)?: Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
Where can users apply for North-East Venture Fund (NEVF)?: Applications for North-East Venture Fund (NEVF) may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
What documents may be required for North-East Venture Fund (NEVF)?: Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
Is North-East Venture Fund (NEVF) a central government scheme?: Yes, North-East Venture Fund (NEVF) is a central government welfare initiative that may be implemented across multiple states through authorised departments and agencies.
Does North-East Venture Fund (NEVF) provide business loan or startup assistance?: North-East Venture Fund (NEVF) may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.
Is collateral required under North-East Venture Fund (NEVF)?: Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.
Can CSC centres help users apply for North-East Venture Fund (NEVF)?: Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
How can users check the latest updates for North-East Venture Fund (NEVF)?: Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
Can beneficiaries track application status for North-East Venture Fund (NEVF)?: Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
Where can users get help for North-East Venture Fund (NEVF) in All India?: Users in All India may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
Which nearby public services may help with North-East Venture Fund (NEVF) applications?: Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.