North-East Venture Fund (NEVF)

The North-East Venture Fund (NEVF) is a Category I Venture Capital Fund registered under SEBI AIF Regulations, 2012, established by the Ministry of Development of North Eastern Region (DoNER). With a corpus of ₹100 crore, the fund aims to promote entrepreneurship and maximize investment returns in the North Eastern Region (NER). NEVF invests in early-stage and growth-stage startups that demonstrate innovative business models, high growth potential, and a strong commitment from their management teams. The fund is managed by NEDFi Venture Capital Limited, and startups based in any of the eight NER states are eligible to apply. NEVF provides grant funding ranging from ₹25 lakh to ₹10 crore to support product development, market expansion, and scaling operations.

• Corpus of ₹100 crore managed by NEDFi Venture Capital Limited.
• Grant funding from ₹25 lakh to ₹10 crore for startups in the North Eastern Region.
• Registered as a Category I Venture Capital Fund under SEBI AIF Regulations.
• Supports startups across all sectors with innovative business models and high growth potential.
• Apply via email to nevf@nedfi.com or through the NEDFi Venture Capital Limited website.

To be eligible for the North-East Venture Fund, startups must meet the following criteria:

• The entrepreneurial person should have an innovative vision and implementation power.
• A strong management team with commitment to the venture.
• The business must have a viable business model with sustainable growth potential.
• Large scaling opportunities and a market-fit product with good traction.
• Realistic exit potential for the fund.
• The startup must be located in the North Eastern Region of India, which includes the states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.

North-East Venture Fund (NEVF) is open to startups at any stage. It is open to startups registered anywhere in India.

North-East Venture Fund (NEVF) accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

Selected startups receive grant funding in the range of ₹25 lakh to ₹10 crore. The funding can be used for product development, scaling operations, market expansion, and other growth-related activities. As a venture capital fund, NEVF provides not just capital but also strategic guidance and networking opportunities through NEDFi Venture Capital Limited.

North-East Venture Fund (NEVF) is offered by Ministry of Development of North Eastern Region, a government body. As a government-backed grant, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

The selection process involves submitting a detailed proposal including company information, team details, funding requirements, utilization plan, financial focus, and revenue model. Proposals are reviewed by the fund management team. Shortlisted startups may undergo further due diligence and pitch sessions. Final selection is based on the viability of the business model, market potential, team capability, and alignment with the fund's objectives.

Before you apply to North-East Venture Fund (NEVF), keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

North-East Venture Fund (NEVF) is best suited for startups in India seeking non-dilutive funding of ₹25L – ₹10Cr. If that describes your startup, review the eligibility criteria above before applying.