In a major boost to the startup ecosystem in Nagaland, YouthNet, under the Startup India Seed Fund Scheme (SISFS), has provided ₹1.13 crore to five innovative startups in the state. This initiative supports early-stage ventures in sectors such as agriculture, technology, and social enterprises, contributing significantly to the economic growth of Nagaland.
YouthNet’s contribution is a part of the government’s broader strategy to promote entrepreneurship and create job opportunities in the Northeast. Startups receiving this funding include ventures focused on sustainable farming techniques, technology solutions, and more.
These startups will use the funds to scale up operations, develop new products, and create employment opportunities in rural areas. This is a significant step toward empowering local entrepreneurs and providing them with the resources they need to succeed in a competitive market. This funding scheme is set to fuel the growth of emerging businesses in Nagaland and serves as a beacon for other states in Northeast India.
