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The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country launched the Startup India initiative on 16th January 2016. The State-wise number of entities in the NER which have been recognized as startups by DPIIT as on 31st December 2024 are provided below:
Number of entities which have recognized as startups by DPIIT
State/UT |
|
Arunachal Pradesh |
47 |
Assam |
1487 |
Manipur |
179 |
Meghalaya |
62 |
Mizoram |
41 |
Nagaland |
85 |
Sikkim |
12 |
Tripura |
141 |
Total |
2054 |
In addition to the above, North Eastern Development Finance Corporation Ltd., a NBFC under the administrative control of the Ministry of Development of North Eastern Region through the North East Enterprise Development Scheme (NEEDS) scheme has been supporting first-generation entrepreneurs for developing start-up ecosystem of North East Region of India.